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Stock","published_at":"2018-03-29T21:00:48.000Z","date":"2018-03-27","kind":"sale","acquired":false,"shares":1062211,"price":124,"value":131714164.0,"ownership":{"direct":false,"nature":"By Partnership"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"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."},{"field":"shares","element":"transactionShares","label":"F2","text":"Represents shares repurchased by UniFirst Corporation from The Queue Limited Partnership at a price per share of $124.00."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"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."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F3","text":"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."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F4","text":"Ronald D. Croatti's children are beneficiaries of certain trusts which hold limited partnership interests in The Queue Limited Partnership.  Certain of the trusts which hold limited partnership interests in The Queue Limited Partnership also own some of the reported shares directly."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F5","text":"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."}],"balance_after":672974,"derivative":{"underlying":"Common Stock ($0.10 par value)","underlying_shares":1062211},"source":{"system":"sec-edgar","filing":"0001284084-18-000032","document":"wf-form4_152235723500868.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/717954/000128408418000032/wf-form4_152235723500868.xml","form_type":"4"}}]}