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UNIFIRST CORP

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3907
SEC CIK
0000717954
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399

Last 12 months

Inside the activity.

0 purchase rows · 4 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 202502
Dec 202500
Jan 202600
Feb 202602
Mar 202600
Apr 202600
May 202600
Jun 202600
Jul 202600
Aug 202600
Sep 202600
Oct 202600

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
October 31, 2023 Filed Nov 2, 2023 21:03 UTC GrantStock Appreciation Right · Derivative 957 $0.00 Strike: $164.43 $0.00
Disclosure

SEC source: 0001209191-23-054181 · doc4.xml · derivative · entry 2

Zemlin Raymond C. · CIK 0001691916 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 957

Underlying: Common Stock ($0.10 par value) · 957 shares

Expires 2031-10-31

F2 · security: This stock appreciation right is exercisable in full on the grant date (10/31/2023) and is required to be settled in stock at the time of exercise. The grant has an expiration date of the earlier of October 31, 2031 or the second anniversary of the date that the grantee ceases to be a member of the Board of Directors.

Read SEC document
October 31, 2023 Filed Nov 2, 2023 21:03 UTC GrantCommon Stock 365 $0.00 $0.00
Disclosure

SEC source: 0001209191-23-054181 · doc4.xml · nonDerivative · entry 1

Zemlin Raymond C. · CIK 0001691916 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,763

F1 · shares: Represents an award of unrestricted Common Stock under the Amended and Restated UniFirst Corporation 2010 Stock Option and Incentive Plan.

Read SEC document
October 31, 2023 Filed Nov 2, 2023 21:03 UTC
Katz David MartinExecutive VP, Sales/Marketing
GrantStock Appreciation Right · Derivative 1,986 $0.00 Strike: $164.43 $0.00
Disclosure

SEC source: 0001209191-23-054180 · doc4.xml · derivative · entry 3

Katz David Martin · CIK 0001459610 · Executive VP, Sales/Marketing

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,986

Underlying: Common Stock ($0.10 par value) · 1,986 shares

Expires 2033-10-31

F4 · security: This stock appreciation right, which was granted under the 2010 Plan, becomes vested and exercisable in five equal annual installments on October 31, 2024, October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028. This stock appreciation right is required to be settled in stock at the time of exercise.

F4 · derivative.exercise_date: This stock appreciation right, which was granted under the 2010 Plan, becomes vested and exercisable in five equal annual installments on October 31, 2024, October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028. This stock appreciation right is required to be settled in stock at the time of exercise.

Read SEC document
October 31, 2023 Filed Nov 2, 2023 21:03 UTC
Katz David MartinExecutive VP, Sales/Marketing
Tax withholdingCommon Stock 565 $164.43 $92,902.95
Disclosure

SEC source: 0001209191-23-054180 · doc4.xml · nonDerivative · entry 2

Katz David Martin · CIK 0001459610 · Executive VP, Sales/Marketing

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,809

F2 · shares: Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.

F3 · balance_after: Consists of 194 restricted stock units that vest in one remaining annual installment on October 31, 2024, 468 restricted stock units that vest in two remaining equal annual installments on October 31, 2024 and October 31, 2025, 896 restricted stock units that vest in three remaining equal annual installments on October 31, 2024, October 31, 2025 and October 31, 2026, 1,418 restricted stock units that vest in four remaining equal annual installments on October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027, 2,053 restricted stock units that vest in five equal annual installments on October 31, 2024, October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028 and 1,780 shares of Common Stock owned by the reporting person.

Read SEC document
October 31, 2023 Filed Nov 2, 2023 21:03 UTC
Katz David MartinExecutive VP, Sales/Marketing
GrantCommon Stock 2,053 $0.00 $0.00
Disclosure

SEC source: 0001209191-23-054180 · doc4.xml · nonDerivative · entry 1

Katz David Martin · CIK 0001459610 · Executive VP, Sales/Marketing

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,374

F1 · shares: Represents restricted stock units granted under the UniFirst Corporation Amended and Restated 2010 Stock Option and Incentive Plan (the "2010 Plan"). Such restricted stock units vest in five equal annual installments on October 31, 2024, October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028.

Read SEC document
October 31, 2023 Filed Nov 2, 2023 21:02 UTC
O'Connor ShaneExecutive VP and CFO
GrantStock Appreciation Right · Derivative 2,207 $0.00 Strike: $164.43 $0.00
Disclosure

SEC source: 0001209191-23-054178 · doc4.xml · derivative · entry 3

O'Connor Shane · CIK 0001370639 · Executive VP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,207

Underlying: Common Stock ($0.10 par value) · 2,207 shares

Expires 2033-10-31

F4 · security: This stock appreciation right, which was granted under the 2010 Plan, becomes vested and exercisable in five equal annual installments on October 31, 2024, October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028. This stock appreciation right is required to be settled in stock at the time of exercise.

F4 · derivative.exercise_date: This stock appreciation right, which was granted under the 2010 Plan, becomes vested and exercisable in five equal annual installments on October 31, 2024, October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028. This stock appreciation right is required to be settled in stock at the time of exercise.

Read SEC document
October 31, 2023 Filed Nov 2, 2023 21:02 UTC
O'Connor ShaneExecutive VP and CFO
Tax withholdingCommon Stock 598 $164.43 $98,329.14
Disclosure

SEC source: 0001209191-23-054178 · doc4.xml · nonDerivative · entry 2

O'Connor Shane · CIK 0001370639 · Executive VP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,400

F2 · shares: Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.

F3 · balance_after: Consists of 194 restricted stock units that vest in one remaining annual installment on October 31, 2024, 468 restricted stock units that vest in two remaining equal annual installments on October 31, 2024 and October 31, 2025, 1,008 restricted stock units that vest in three remaining equal annual installments on October 31, 2024, October 31, 2025 and October 31, 2026, 1,576 restricted stock units that vest in four remaining equal annual installments on October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027, 2,281 restricted stock units that vest in five equal annual installments on October 31, 2024, October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028 and 1,873 shares of Common Stock owned by the reporting person.

Read SEC document
October 31, 2023 Filed Nov 2, 2023 21:02 UTC
O'Connor ShaneExecutive VP and CFO
GrantCommon Stock 2,281 $0.00 $0.00
Disclosure

SEC source: 0001209191-23-054178 · doc4.xml · nonDerivative · entry 1

O'Connor Shane · CIK 0001370639 · Executive VP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,998

F1 · shares: Represents restricted stock units granted under the UniFirst Corporation Amended and Restated 2010 Stock Option and Incentive Plan (the "2010 Plan"). Such restricted stock units vest in five equal annual installments on October 31, 2024, October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028.

Read SEC document
October 31, 2023 Filed Nov 2, 2023 21:00 UTC GrantStock Appreciation Right · Derivative 957 $0.00 Strike: $164.43 $0.00
Disclosure

SEC source: 0001209191-23-054177 · doc4.xml · derivative · entry 2

Pupkin Sergio A · CIK 0001813056 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 957

Underlying: Common Stock ($0.10 par value) · 957 shares

Expires 2031-10-31

F2 · security: This stock appreciation right is exercisable in full on the grant date (10/31/2023) and is required to be settled in stock at the time of exercise. The grant has an expiration date of the earlier of October 31, 2031 or the second anniversary of the date that the grantee ceases to be a member of the Board of Directors.

Read SEC document
October 31, 2023 Filed Nov 2, 2023 21:00 UTC GrantCommon Stock 365 $0.00 $0.00
Disclosure

SEC source: 0001209191-23-054177 · doc4.xml · nonDerivative · entry 1

Pupkin Sergio A · CIK 0001813056 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 890

F1 · shares: Represents an award of unrestricted Common Stock under the Amended and Restated UniFirst Corporation 2010 Stock Option and Incentive Plan.

Read SEC document
October 29, 2023 Filed Oct 30, 2023 18:14 UTC
Sintros Steven SDirector · President and CEO
Tax withholdingCommon Stock 295 $160.34 $47,300.30
Disclosure

SEC source: 0001209191-23-053817 · doc4.xml · nonDerivative · entry 1

Sintros Steven S · CIK 0001453910 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,865

F1 · shares: Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.

F2 · balance_after: Consists of (i) 13,457 shares of Common Stock owned by the reporting person, (ii) 856 restricted stock units that will vest in one remaining annual installment on November 27, 2023,(iii) 696 restricted stock units that will vest in one remaining annual installment on October 29, 2024, (iv) 1,934 restricted stock units that will vest in three remaining equal annual installments on November 19, 2023, November 19, 2024 and November 19, 2025, (v) 2,985 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026 and (vi) 3,937 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027.

Read SEC document
October 24, 2023 Filed Oct 26, 2023 22:28 UTC
Croatti Michael AExecutive Vice President
Tax withholdingCommon Stock 196 $163.99 $32,142.04
Disclosure

SEC source: 0001209191-23-053710 · doc4.xml · nonDerivative · entry 2

Croatti Michael A · CIK 0001656304 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,450

F2 · shares: Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.

F3 · balance_after: Consists of 247 restricted stock units that vest in one remaining annual installment on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 896 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,378 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 2,839 shares of Common Stock owned by the reporting person.

Read SEC document
October 24, 2023 Filed Oct 26, 2023 22:28 UTC
Croatti Michael AExecutive Vice President
GrantCommon Stock 460 $0.00 $0.00
Disclosure

SEC source: 0001209191-23-053710 · doc4.xml · nonDerivative · entry 1

Croatti Michael A · CIK 0001656304 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,646

F1 · shares: Represents restricted stock units that were earned based on the achievement of certain performance criteria and which vested.

Read SEC document
October 24, 2023 Filed Oct 26, 2023 22:26 UTC
O'Connor ShaneExecutive VP and CFO
Tax withholdingCommon Stock 279 $163.99 $45,753.21
Disclosure

SEC source: 0001209191-23-053709 · doc4.xml · nonDerivative · entry 2

O'Connor Shane · CIK 0001370639 · Executive VP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,717

F2 · shares: Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.

F3 · balance_after: Consists of 247 restricted stock units that vest in one remaining annual installment on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 1,344 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,969 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 1,067 shares of Common Stock owned by the reporting person.

Read SEC document
October 24, 2023 Filed Oct 26, 2023 22:26 UTC
O'Connor ShaneExecutive VP and CFO
GrantCommon Stock 658 $0.00 $0.00
Disclosure

SEC source: 0001209191-23-053709 · doc4.xml · nonDerivative · entry 1

O'Connor Shane · CIK 0001370639 · Executive VP and CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,996

F1 · shares: Represents restricted stock units that were earned based on the achievement of certain performance criteria and which vested.

Read SEC document
October 24, 2023 Filed Oct 26, 2023 22:24 UTC
DIFILLIPPO DAVID AExecutive VP of Operations
Tax withholdingCommon Stock 196 $163.99 $32,142.04
Disclosure

SEC source: 0001209191-23-053708 · doc4.xml · nonDerivative · entry 2

DIFILLIPPO DAVID A · CIK 0001261137 · Executive VP of Operations

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,294

F2 · shares: Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.

F3 · balance_after: Consists of 247 restricted stock units that vest in one remaining annual installments on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining annual equal installments on October 31, 2023, October 31, 2024 and October 31, 2025, 896 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,378 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 11,683 shares of Common Stock owned by the reporting person.

Read SEC document
October 24, 2023 Filed Oct 26, 2023 22:24 UTC
DIFILLIPPO DAVID AExecutive VP of Operations
GrantCommon Stock 460 $0.00 $0.00
Disclosure

SEC source: 0001209191-23-053708 · doc4.xml · nonDerivative · entry 1

DIFILLIPPO DAVID A · CIK 0001261137 · Executive VP of Operations

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,490

F1 · shares: Represents restricted stock units that were earned based on the achievement of certain performance criteria and which vested.

Read SEC document
October 24, 2023 Filed Oct 26, 2023 22:24 UTC
Ross William MastersExecutive Vice President
Tax withholdingCommon Stock 196 $163.99 $32,142.04
Disclosure

SEC source: 0001209191-23-053707 · doc4.xml · nonDerivative · entry 2

Ross William Masters · CIK 0001688445 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,599

F2 · shares: Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.

F3 · balance_after: Consists of 209 restricted stock units that vest in one remaining annual installment on December 20, 2022, 247 restricted stock units that vest in one remaining annual installment on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 896 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,378 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 779 shares of Common Stock owned by the reporting person.

Read SEC document
October 24, 2023 Filed Oct 26, 2023 22:24 UTC
Ross William MastersExecutive Vice President
GrantCommon Stock 460 $0.00 $0.00
Disclosure

SEC source: 0001209191-23-053707 · doc4.xml · nonDerivative · entry 1

Ross William Masters · CIK 0001688445 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,795

F1 · shares: Represents restricted stock units that were earned based on the achievement of certain performance criteria and which vested.

Read SEC document
October 24, 2023 Filed Oct 26, 2023 22:23 UTC
Katz David MartinExecutive VP, Sales/Marketing
Tax withholdingCommon Stock 251 $163.99 $41,161.49
Disclosure

SEC source: 0001209191-23-053706 · doc4.xml · nonDerivative · entry 2

Katz David Martin · CIK 0001459610 · Executive VP, Sales/Marketing

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,321

F2 · shares: Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.

F3 · balance_after: Consists of 247 restricted stock units that vest in one remaining annual installment on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 1,195 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,772 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 1,017 shares of Common Stock owned by the reporting person.

Read SEC document
October 24, 2023 Filed Oct 26, 2023 22:23 UTC
Katz David MartinExecutive VP, Sales/Marketing
GrantCommon Stock 591 $0.00 $0.00
Disclosure

SEC source: 0001209191-23-053706 · doc4.xml · nonDerivative · entry 1

Katz David Martin · CIK 0001459610 · Executive VP, Sales/Marketing

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,572

F1 · shares: Represents restricted stock units that were earned based on the achievement of certain performance criteria and which vested.

Read SEC document
October 24, 2023 Filed Oct 26, 2023 22:20 UTC
Sintros Steven SDirector · President and CEO
Tax withholdingCommon Stock 1,112 $163.99 $182,356.88
Disclosure

SEC source: 0001209191-23-053705 · doc4.xml · nonDerivative · entry 2

Sintros Steven S · CIK 0001453910 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,160

F2 · shares: Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.

F3 · balance_after: Consists of (i) 13,056 shares of Common Stock owned by the reporting person, (ii) 856 restricted stock units that will vest in one remaining annual installment on November 27, 2023,(iii) 1,392 restricted stock units that will vest in two remaining equal annual installments on October 29, 2023 and October 29, 2024, (iv) 1,934 restricted stock units that will vest in three remaining equal annual installments on November 19, 2023, November 19, 2024 and November 19, 2025, (v) 2,985 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026 and (vi) 3,937 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027.

Read SEC document
October 24, 2023 Filed Oct 26, 2023 22:20 UTC
Sintros Steven SDirector · President and CEO
GrantCommon Stock 2,624 $0.00 $0.00
Disclosure

SEC source: 0001209191-23-053705 · doc4.xml · nonDerivative · entry 1

Sintros Steven S · CIK 0001453910 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 25,272

F1 · shares: Represents restricted stock units that were earned based on the achievement of certain performance criteria and which vested.

Read SEC document
April 03, 2023 Filed Apr 4, 2023 21:18 UTC SaleCommon Stock 94 $172.42 $16,207.48
Disclosure

SEC source: 0001209191-23-022836 · doc4.xml · nonDerivative · entry 1

CAMILLI KATHLEEN M · CIK 0001235360 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,859

Read SEC document
February 03, 2023 Filed Feb 9, 2023 16:35 UTC SaleCommon Stock 1,568 $205.16 $321,690.88
Disclosure

SEC source: 0001209191-23-007979 · doc4.xml · nonDerivative · entry 1

Croatti Matthew · CIK 0001724534 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,698

F1 · shares: Represents shares sold pursuant to a Rule 10b5-1 sales plan.

F2 · balance_after: Consists of 99 restricted stock units that vest in one remaining annual installment on October 31, 2023, 156 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 281 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 374 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 591 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 8,197 shares of Common Stock owned by the reporting person.

Read SEC document
February 02, 2023 Filed Feb 6, 2023 20:49 UTC SaleCommon Stock 1,724 $205.13 $353,644.12
Disclosure

SEC source: 0001209191-23-007250 · doc4.xml · nonDerivative · entry 2

Croatti Matthew · CIK 0001724534 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,266

F1 · shares: Represents shares sold pursuant to a Rule 10b5-1 sales plan.

F2 · balance_after: Consists of 99 restricted stock units that vest in one remaining annual installment on October 31, 2023, 156 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 281 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 374 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 591 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 9,765 shares of Common Stock owned by the reporting person.

Read SEC document
February 02, 2023 Filed Feb 6, 2023 20:49 UTC SaleCommon Stock 6,000 $205.00 $1,230,000.00
Disclosure

SEC source: 0001209191-23-007250 · doc4.xml · nonDerivative · entry 1

Croatti Matthew · CIK 0001724534 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,990

F1 · shares: Represents shares sold pursuant to a Rule 10b5-1 sales plan.

Read SEC document
January 16, 2023 Filed Jan 17, 2023 21:33 UTC Exercise / conversionStock Appreciation Right · Derivative 975 $0.00 Strike: $118.76 $0.00
Disclosure

SEC source: 0001209191-23-003530 · doc4.xml · derivative · entry 3

Cohen Phillip L · CIK 0001303645 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock ($0.10 par value) · 975 shares

Expires 2023-01-16

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: This stock appreciation right was exercised automatically on its expiration date in accordance with its terms.

Read SEC document
January 16, 2023 Filed Jan 17, 2023 21:33 UTC Disposition to issuerCommon Stock 583 $198.79 $115,894.57
Disclosure

SEC source: 0001209191-23-003530 · doc4.xml · nonDerivative · entry 2

Cohen Phillip L · CIK 0001303645 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,323

Read SEC document
January 16, 2023 Filed Jan 17, 2023 21:33 UTC Exercise / conversionCommon Stock 975 $0.00 $0.00
Disclosure

SEC source: 0001209191-23-003530 · doc4.xml · nonDerivative · entry 1

Cohen Phillip L · CIK 0001303645 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,906

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
January 05, 2023 Filed Jan 9, 2023 21:51 UTC
Ross William MastersExecutive Vice President
SaleCommon Stock 1,231 $200.00 $246,200.00
Disclosure

SEC source: 0001209191-23-002577 · doc4.xml · nonDerivative · entry 1

Ross William Masters · CIK 0001688445 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,335

F1 · shares: Represents shares sold pursuant to a Rule 10b5-1 sales plan.

F2 · balance_after: Consists of 209 restricted stock units that vest in one remaining annual installment on December 20, 2022, 247 restricted stock units that vest in one remaining annual installment on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 896 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,378 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 515 shares of Common Stock owned by the reporting person

Read SEC document
January 05, 2023 Filed Jan 9, 2023 21:50 UTC
Croatti Michael AExecutive Vice President
Exercise / conversionStock Appreciation Right · Derivative 4,000 $0.00 Strike: $119.00 $0.00
Disclosure

SEC source: 0001209191-23-002575 · doc4.xml · derivative · entry 5

Croatti Michael A · CIK 0001656304 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock ($0.10 par value) · 4,000 shares

Expires 2026-10-24

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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January 05, 2023 Filed Jan 9, 2023 21:50 UTC
Croatti Michael AExecutive Vice President
SaleCommon Stock 890 $200.00 $178,000.00
Disclosure

SEC source: 0001209191-23-002575 · doc4.xml · nonDerivative · entry 3

Croatti Michael A · CIK 0001656304 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,275

F1 · shares: Represents shares sold pursuant to a Rule 10b5-1 sales plan.

F2 · balance_after: Consists of 209 restricted stock units that vest in one remaining annual installment on December 20, 2022, 247 restricted stock units that vest in one remaining annual installment on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 896 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,378 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 2,455 shares of Common Stock owned by the reporting person.

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January 05, 2023 Filed Jan 9, 2023 21:50 UTC
Croatti Michael AExecutive Vice President
Tax withholdingCommon Stock 3,110 $200.00 $622,000.00
Disclosure

SEC source: 0001209191-23-002575 · doc4.xml · nonDerivative · entry 2

Croatti Michael A · CIK 0001656304 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,165

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January 05, 2023 Filed Jan 9, 2023 21:50 UTC
Croatti Michael AExecutive Vice President
Exercise / conversionCommon Stock 4,000 $0.00 $0.00
Disclosure

SEC source: 0001209191-23-002575 · doc4.xml · nonDerivative · entry 1

Croatti Michael A · CIK 0001656304 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,275

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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January 02, 2023 Filed Jan 4, 2023 23:04 UTC
O'Connor ShaneExecutive VP and CFO
Tax withholdingCommon Stock 102 $192.99 $19,684.98
Disclosure

SEC source: 0001209191-23-001301 · doc4.xml · nonDerivative · entry 1

O'Connor Shane · CIK 0001370639 · Executive VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,338

F1 · shares: Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.

F2 · balance_after: Consists of 247 restricted stock units that vest in one remaining annual installment on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 1,344 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,969 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 688 shares of Common Stock owned by the reporting person.

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December 20, 2022 Filed Dec 22, 2022 19:46 UTC
Ross William MastersExecutive Vice President
Tax withholdingCommon Stock 89 $187.84 $16,717.76
Disclosure

SEC source: 0001209191-22-062418 · doc4.xml · nonDerivative · entry 1

Ross William Masters · CIK 0001688445 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,477

F1 · shares: Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.

F2 · balance_after: Consists of 247 restricted stock units that vest in one remaining annual installment on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 896 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,378 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 1,866 shares of Common Stock owned by the reporting person.

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December 20, 2022 Filed Dec 22, 2022 19:45 UTC
Katz David MartinExecutive VP, Sales/Marketing
Tax withholdingCommon Stock 89 $187.84 $16,717.76
Disclosure

SEC source: 0001209191-22-062416 · doc4.xml · nonDerivative · entry 1

Katz David Martin · CIK 0001459610 · Executive VP, Sales/Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,981

F1 · shares: Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.

F2 · balance_after: Consists of 247 restricted stock units that vest in one remaining annual installment on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 1,195 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,772 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 677 shares of Common Stock owned by the reporting person.

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December 20, 2022 Filed Dec 22, 2022 19:44 UTC
DIFILLIPPO DAVID AExecutive VP of Operations
Tax withholdingCommon Stock 89 $187.84 $16,717.76
Disclosure

SEC source: 0001209191-22-062415 · doc4.xml · nonDerivative · entry 1

DIFILLIPPO DAVID A · CIK 0001261137 · Executive VP of Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,030

F1 · shares: Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.

F2 · balance_after: Consists of 247 restricted stock units that vest in one remaining annual installments on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining annual equal installments on October 31, 2023, October 31, 2024 and October 31, 2025, 896 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,378 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 11,419 shares of Common Stock owned by the reporting person.

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December 20, 2022 Filed Dec 22, 2022 19:44 UTC
Croatti Michael AExecutive Vice President
Tax withholdingCommon Stock 89 $187.84 $16,717.76
Disclosure

SEC source: 0001209191-22-062414 · doc4.xml · nonDerivative · entry 1

Croatti Michael A · CIK 0001656304 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,186

F1 · shares: Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.

F2 · balance_after: Consists of 247 restricted stock units that vest in one remaining annual installment on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 896 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,378 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 2,575 shares of Common Stock owned by the reporting person.

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December 14, 2022 Filed Dec 16, 2022 17:24 UTC
Sintros Steven SDirector · President and CEO
Tax withholdingCommon Stock 269 $187.65 $50,477.85
Disclosure

SEC source: 0001209191-22-061578 · doc4.xml · nonDerivative · entry 1

Sintros Steven S · CIK 0001453910 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,648

F1 · shares: Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.

F2 · balance_after: Consists of (i) 11,544 shares of Common Stock owned by the reporting person, (ii) 856 restricted stock units that will vest in one remaining annual installment on November 27, 2023,(iii) 1,392 restricted stock units that will vest in two remaining equal annual installments on October 29, 2023 and October 29, 2024, (iv) 1,934 restricted stock units that will vest in three remaining equal annual installments on November 19, 2023, November 19, 2024 and November 19, 2025, (v) 2,985 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026 and (vi) 3,937 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027.

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November 28, 2022 Filed Nov 30, 2022 23:47 UTC GrantStock Appreciation Right · Derivative 858 $0.00 Strike: $190.53 $0.00
Disclosure

SEC source: 0001209191-22-059101 · doc4.xml · derivative · entry 1

Zemlin Raymond C. · CIK 0001691916 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 858

Underlying: Common Stock ($0.10 par value) · 858 shares

Expires 2030-11-28

F1 · security: This stock appreciation right is exercisable in full on the grant date (11/28/2022) and is required to be settled in stock at the time of exercise. The grant has an expiration date of the earlier of November 28, 2030 or the second anniversary of the date that the grantee ceases to be a member of the Board of Directors.

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November 28, 2022 Filed Nov 30, 2022 23:45 UTC
Ross William MastersExecutive Vice President
GrantStock Appreciation Right · Derivative 1,397 $0.00 Strike: $190.53 $0.00
Disclosure

SEC source: 0001209191-22-059098 · doc4.xml · derivative · entry 3

Ross William Masters · CIK 0001688445 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,397

Underlying: Common Stock ($0.10 par value) · 1,397 shares

Expires 2032-11-28

F3 · security: This stock appreciation right, which was granted under the 2010 Plan, becomes vested and exercisable in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027. This stock appreciation right is required to be settled in stock at the time of exercise.

F3 · derivative.exercise_date: This stock appreciation right, which was granted under the 2010 Plan, becomes vested and exercisable in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027. This stock appreciation right is required to be settled in stock at the time of exercise.

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November 28, 2022 Filed Nov 30, 2022 23:45 UTC
Ross William MastersExecutive Vice President
GrantCommon Stock 1,378 $0.00 $0.00
Disclosure

SEC source: 0001209191-22-059098 · doc4.xml · nonDerivative · entry 1

Ross William Masters · CIK 0001688445 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,566

F1 · shares: Represents restricted stock units granted under the UniFirst Corporation Amended and Restated 2010 Stock Option and Incentive Plan (the "2010 Plan"). Such restricted stock units vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027.

F2 · balance_after: Consists of 209 restricted stock units that vest in one remaining annual installment on December 20, 2022, 247 restricted stock units that vest in one remaining annual installment on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 896 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,378 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 1,746 shares of Common Stock owned by the reporting person.

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November 28, 2022 Filed Nov 30, 2022 23:46 UTC
Sintros Steven SDirector · President and CEO
GrantStock Appreciation Right · Derivative 5,588 $0.00 Strike: $190.53 $0.00
Disclosure

SEC source: 0001209191-22-059099 · doc4.xml · derivative · entry 3

Sintros Steven S · CIK 0001453910 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,588

Underlying: Common Stock ($0.10 par value) · 5,588 shares

Expires 2032-11-28

F4 · security: This stock appreciation right, which was granted under the 2010 Plan, becomes vested and exercisable in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027. This stock appreciation right is required to be settled in stock at the time of exercise.

F4 · derivative.exercise_date: This stock appreciation right, which was granted under the 2010 Plan, becomes vested and exercisable in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027. This stock appreciation right is required to be settled in stock at the time of exercise.

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November 28, 2022 Filed Nov 30, 2022 23:46 UTC
Sintros Steven SDirector · President and CEO
GrantCommon Stock 3,937 $0.00 $0.00
Disclosure

SEC source: 0001209191-22-059099 · doc4.xml · nonDerivative · entry 2

Sintros Steven S · CIK 0001453910 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,917

F2 · shares: Represents restricted stock units granted under the UniFirst Corporation Amended and Restated 2010 Stock Option and Incentive Plan (the "2010 Plan"). Such restricted stock units vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027.

F3 · balance_after: Consists of (i) 11,208 shares of Common Stock owned by the reporting person, (ii) 856 restricted stock units that will vest in one remaining annual installment on November 27, 2023,(iii) 605 restricted stock units that will vest on December 14, 2022, (iv) 1,392 restricted stock units that will vest in two remaining equal annual installments on October 29, 2023 and October 29, 2024, (v) 1,934 restricted stock units that will vest in three remaining equal annual installments on November 19, 2023, November 19, 2024 and November 19, 2025, (vi) 2,985 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026 and (vii) 3,937 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027.

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November 28, 2022 Filed Nov 30, 2022 23:43 UTC
O'Connor ShaneExecutive VP and CFO
GrantStock Appreciation Right · Derivative 1,996 $0.00 Strike: $190.53 $0.00
Disclosure

SEC source: 0001209191-22-059095 · doc4.xml · derivative · entry 2

O'Connor Shane · CIK 0001370639 · Executive VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,996

Underlying: Common Stock ($0.10 par value) · 1,996 shares

Expires 2032-11-28

F3 · security: This stock appreciation right, which was granted under the 2010 Plan, becomes vested and exercisable in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027. This stock appreciation right is required to be settled in stock at the time of exercise.

F3 · derivative.exercise_date: This stock appreciation right, which was granted under the 2010 Plan, becomes vested and exercisable in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027. This stock appreciation right is required to be settled in stock at the time of exercise.

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November 28, 2022 Filed Nov 30, 2022 23:43 UTC
O'Connor ShaneExecutive VP and CFO
GrantCommon Stock 1,969 $0.00 $0.00
Disclosure

SEC source: 0001209191-22-059095 · doc4.xml · nonDerivative · entry 1

O'Connor Shane · CIK 0001370639 · Executive VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,440

F1 · shares: Represents restricted stock units granted under the UniFirst Corporation Amended and Restated 2010 Stock Option and Incentive Plan (the "2010 Plan"). Such restricted stock units vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027.

F2 · balance_after: Consists of 211 restricted stock units that vest in one remaining annual installment on January 2, 2023, 247 restricted stock units that vest in one remaining annual installment on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 1,344 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,969 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 579 shares of Common Stock owned by the reporting person.

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November 28, 2022 Filed Nov 30, 2022 23:45 UTC GrantStock Appreciation Right · Derivative 858 $0.00 Strike: $190.53 $0.00
Disclosure

SEC source: 0001209191-22-059097 · doc4.xml · derivative · entry 2

Pupkin Sergio A · CIK 0001813056 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 858

Underlying: Common Stock ($0.10 par value) · 858 shares

Expires 2030-11-28

F2 · security: This stock appreciation right is exercisable in full on the grant date (11/28/2022) and is required to be settled in stock at the time of exercise. The grant has an expiration date of the earlier of November 28, 2030 or the second anniversary of the date that the grantee ceases to be a member of the Board of Directors.

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November 28, 2022 Filed Nov 30, 2022 23:45 UTC GrantCommon Stock 525 $0.00 $0.00
Disclosure

SEC source: 0001209191-22-059097 · doc4.xml · nonDerivative · entry 1

Pupkin Sergio A · CIK 0001813056 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 525

F1 · shares: Represents an award of unrestricted Common Stock under the Amended and Restated UniFirst Corporation 2010 Stock Option and Incentive Plan.

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.