Form 4 for KTB Kontoor Brands, Inc.

Accepted 2023-03-16 00:00:00 ET · period of report 2023-03-14 · accession 0001127602-23-010445 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2023-03-16	2023-03-14	KTB	Sumner Susan Denise	VP, CAO	S - Sale+OE	$50.53	-11.5K	16.3K	-41%	-$582.9K
D	2023-03-16	2023-03-14	KTB	Sumner Susan Denise	VP, CAO	M - OptEx	$25.27	+11.5K	27.9K	+71%	+$291.5K
D	2023-03-16	2023-03-14	KTB	Sumner Susan Denise	VP, CAO	M - OptEx	$0.00	-11.5K	0	-100%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-03-14	S	D	11,535	$50.53	16,325.90	D	—	—	(F2) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.50 to $50.61. The reporting person undertakes to provide to Kontoor Brands, Inc., any security holder of Kontoor Brands, Inc., or 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. (F1) Common stock includes restricted stock units.
2	Common	Common Stock	2023-03-14	M	A	11,535	$25.27	27,860.90	D	—	—	(F1) Common stock includes restricted stock units.
3	Derivative	Stock Option (Right to Buy)	2023-03-14	M	D	11,535	$0.00	0	D	$25.27 · — to 2026-02-22	11,535 Common Stock	(F3) This option vested as follows: 3,846 shares vested on 2/23/2017; 3,844 shares vested on 2/23/2018; and 3,845 shares vested on 2/23/2019.