SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Stigers Michael C

(Last) (First) (Middle)
C/O UNITED NATURAL FOODS, INC.
313 IRON HORSE WAY

(Street)
PROVIDENCE RI 02908

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/02/2020
3. Issuer Name and Ticker or Trading Symbol
UNITED NATURAL FOODS INC [ UNFI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CEO CUB
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 17,409 D
Common Stock 10,000 I By revocable family trust
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (1) (1) Common Stock 62,505 (2) D
Restricted Stock Unit (3) (3) Common Stock 24,827 (2) D
Employee Stock Option (right to buy) (4) 07/17/2022 Common Stock 6,901 14.77 D
Employee Stock Option (right to buy) (5) 05/07/2023 Common Stock 19,218 42.04 D
Employee Stock Option (right to buy) (6) 05/16/2024 Common Stock 15,377 48.58 D
Employee Stock Option (right to buy) (7) 04/30/2025 Common Stock 8,050 56.94 D
Employee Stock Option (right to buy) (8) 04/28/2026 Common Stock 9,038 36.54 D
Explanation of Responses:
1. The restricted stock unit ("RSU") award was granted on December 19, 2019 and vests in three equal annual installments beginning on October 6, 2020. One-third of this award has vested.
2. Each RSU represents the right to receive one share of United Natural Foods, Inc. (the "Company") common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement.
3. The RSU award was granted on October 12, 2020 and vests in three equal annual installments beginning on the first anniversary of the date of grant.
4. These stock options were granted on July 17, 2012 and are fully vested and exercisable.
5. These stock options were granted on May 7, 2013 and are fully vested and exercisable.
6. These stock options were granted on May 16, 2014 and are fully vested and exercisable.
7. These stock options were granted on April 30, 2015 and are fully vested and exercisable.
8. These stock options were granted on April 28, 2016 and are fully vested and exercisable.
Remarks:
(1) Exhibit 24 - Power of Attorney. (2) These securities represent the amounts owned by the reporting person as of December 2, 2020, the date of effectiveness of his appointment as an executive officer of the Company.
Jody Hyvarinen, Power-of-Attorney, in fact 12/11/2020
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.