UNIFIRST CORP
For the period ended May 25, 2024. Filed Jul 3, 2024.
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May 25, 2024 · Filed Jul 3, 2024
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Item 5. – Other Information
On April 17, 2024, William Ross, Executive Vice President, Operations of the Company, adopted a trading arrangement for the sale of the Company’s Common Stock (the “Ross Rule 10b5-1 Trading Plan”) that is intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c). The Ross Rule 10b5-1 Trading Plan, which has a term expiring on December 31, 2024, provides for the exercise of stock appreciation rights to acquire up to 53,649 shares of Common Stock and the concurrent sale of all shares of Common Stock acquired upon such exercise at a specified limit price between July 17, 2024 and December 31, 2024.
On May 10, 2024, Shane O’Conner, Executive Vice President and Chief Financial Officer of the Company, adopted a trading arrangement for the sale of the Company’s Common Stock (the “O’Conner Rule 10b5-1 Trading Plan”) that is intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c). The O’Conner Rule 10b5-1 Trading Plan, which has a term expiring on August 11, 2025, provides for the sale of up to 1,185 shares of Common Stock pursuant to its terms.
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