FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
UNIFIRST CORP [ UNF ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 02/25/2004 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) 07/26/2004 |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 01/16/2004 | C | 10,000(1) | A | (2) | 10,000(3) | D | |||
Common Stock | 04/20/2004 | C | 180,000 | A | (4) | 180,000(3)(5) | D | |||
Common Stock | 2,715(6) | I | By 401(k) | |||||||
Common Stock | 38,550 | I(7) | By Trusts and LLC | |||||||
Class B Common Stock | 01/16/2004 | C | 10,000(1) | D | (2) | 267,120 | D | |||
Class B Common Stock(8) | 04/20/2004 | C | 180,000 | D | (4) | 87,120 | D | |||
Class B Common Stock | 2,817,584 | I(7) | By Trusts and LLC | |||||||
Class B Common Stock | 2,600,000 | I(9) | By GP and LP |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. The amounts of securities acquired or disposed of, and the date thereof, were erroneously filed on Form 4 which was submitted to the SEC on July 26, 2004. This Form 4 corrects the amounts and date which were previously reported. |
2. The reporting person converted shares of Class B Common Stock into Common Stock on a one-for-one basis pursuant to the terms of the underlying securities; accordingly, there is no applicable purchase or sale price. For purpose of reference, the closing price of UNF Common Stock on January 16, 2004 was $27.44. |
3. The amounts of securities beneficially owned following the reported transaction were erroneously filed on Form 4 which was submitted to the SEC on July 26, 2004. This Form 4 corrects the amounts which were previously reported. |
4. The reporting person converted shares of Class B Common Stock into Common Stock on a one-for-one basis pursuant to the terms of the underlying securities; accordingly, there is no applicable purchase or sale price. For purpose of reference, the closing price of UNF Common Stock on April 20, 2004 was $29.57. |
5. Since April 20, 2004, the reporting person has disposed of 60,000 additional shares of Common Stock, as the reporting person has indicated on Forms 4 previously filed with the SEC. As of August 9, 2004, the reporting person directly holds 120,000 shares of Common Stock. |
6. Includes an additional 582 shares of Common Stock acquired since the reporting person last reported holdings through the 401(k) plan on a Form 5 filed with the SEC dated October 14, 2002. |
7. The reporting person is a trustee of The Marie Croatti QTIP Trust, which is the direct owner of 2,600,000 shares of Class B Common Stock. The reporting person is also the manager of a limited liability company, Trilogy Investment Partners LLC, and a trustee for the following trusts, that, as of the date of filing this report, combined directly own the remainder of the reported securities: The Samuel E. Brown Gallo Trust - 1989, The Nicholas C. Brown Gallo Trust - 1989, the Monica Levenstein Gallo Trust - 1989 and the Lisa Levenstein Gallo Trust - 1989. The reporting person disclaims beneficial ownership of the reported securities, except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or any other purpose. |
8. Amounts in this line are unchanged from the original filing of Form 4 which was submitted to the SEC on July 26, 2004. However, in light of the additional information presented in this filing, the reporting person believes it is necessary to repeat the disclosure for clarity. |
9. The reporting person is an officer, director and shareholder of Croatti Management Associates, Inc., the general partner of The Croatti Family Limited Partnership. The reporting person is also a trustee to and beneficiary of two trusts which hold approximately 25% of the limited partnership interests in The Croatti Family Limited Partnership. The Croatti Family Limited Partnership directly owns the reported securities. The reporting persons disclaims beneficial ownership of the reported securities, except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or any other purpose. |
Cynthia Croatti, by power of attorney | 08/12/2004 | |
** 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 4 (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. |