Filing Details

Accession Number:
0000899243-19-022515
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-08-27 16:03:17
Reporting Period:
2019-08-23
Accepted Time:
2019-08-27 16:03:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
717954 Unifirst Corp UNF Services-Personal Services (7200) 042103460
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1366783 Cecelia Levenstein 68 Jonspin Road
Wilmington MA 01887
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2019-08-23 9,500 $196.67 100,650 No 4 S Direct
Common Stock Disposition 2019-08-26 2,092 $196.59 98,558 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock ($0.10 Par Value) Class B Common Stock $0.00 672,974 672,974 Indirect
Common Stock ($0.10 Par Value) Class B Common Stock $0.00 444,349 444,349 Direct
Common Stock ($0.10 Par Value) Class B Common Stock $0.00 98,041 98,041 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
672,974 672,974 Indirect
444,349 444,349 Direct
98,041 98,041 Indirect
Footnotes
  1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $194.83 to $197.40, inclusive. The reporting person undertakes to provide to UniFirst Corporation, any security holder of UniFirst Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $196.50 to $196.85, inclusive. The reporting person undertakes to provide to UniFirst Corporation, any security holder of UniFirst Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. Each share of Class B Common Stock is convertible at any time by the holder into one share of Common Stock. Each share of Class B Common Stock automatically converts into one share of Common Stock upon transfer to a recipient that is not a permitted transferee or upon termination of the Class B Common Stock, in each case in accordance with the terms of the charter of UniFirst Corporation.
  4. Includes 672,775 shares owned directly by The Queue Limited Partnership and 199 shares owned directly by Queue Management Associates, Inc. Queue Management Associates, Inc. is the general partner of The Queue Limited Partnership. The Ronald D. Croatti Trust - 1993 (of which Carol Croatti and Matthew Croatti are the trustees and Carol Croatti is the beneficiary), Cynthia Croatti and Cecilia Levenstein are the sole shareholders of Queue Management Associates, Inc., and Carol Croatti, Cynthia Croatti and Cecelia Levenstein are the directors of Queue Management Associates, Inc. Cynthia Croatti and Cecelia Levenstein are trustees, co-trustees and in some cases beneficiaries, and in some cases their children are beneficiaries, of various trusts which hold limited partnership interests in The Queue Limited Partnership. Ronald D. Croatti's children are beneficiaries of certain trusts which hold limited partnership interests in The Queue Limited Partnership.
  5. Certain of the trusts which hold limited partnership interests in The Queue Limited Partnership also own certain shares directly.
  6. Each of the aforementioned reporting persons disclaims beneficial ownership of these reported securities, except to the extent of his, her or its pecuniary interest therein, if any, and this report shall not be deemed an admission that such persons are the beneficial owners of these securities for purposes of Section 16 or any other purpose.
  7. Represents shares held by trusts of which Cecelia Levenstein is a trustee but not a beneficiary. Cecelia Levenstein disclaims beneficial ownership of these reported securities, except to the extent of her pecuniary interest therein, if any, and this report shall not be deemed an admission that she is the beneficial owner of the securities for purposes of Section 16 or any other purpose.