Form 4 for KTB Kontoor Brands, Inc.
Accepted 2023-03-17 00:00:00 ET · period of report 2023-03-16 · accession 0001127602-23-010664 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-17 | 2023-03-16 | KTB | Waldeck Christopher | EVP, Co-COO, GB Pres-Lee | S - Sale+OE | $50.98 | -35.7K | 92.3K | -28% | -$1.82M |
| DM | 2023-03-17 | 2023-03-16 | KTB | Waldeck Christopher | EVP, Co-COO, GB Pres-Lee | M - OptEx | $27.96 | +41.5K | 106.9K | +63% | +$1.16M |
| DM | 2023-03-17 | 2023-03-16 | KTB | Waldeck Christopher | EVP, Co-COO, GB Pres-Lee | M - OptEx | $0.00 | -41.5K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-16 | S | D | 14,631 | $51.03 | 92,252.12 | D | — | — | (F2) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.00 to $51.18. 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 | 2023-03-16 | M | A | 21,053 | $30.84 | 113,305.12 | D | — | — | (F1) Common stock includes restricted stock units. |
| 3 | Common | Common Stock | 2023-03-16 | S | D | 21,053 | $50.95 | 92,252.12 | D | — | — | (F3) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.86 to $51.06. 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. |
| 4 | Common | Common Stock | 2023-03-16 | M | A | 20,442 | $25.00 | 106,883.12 | D | — | — | (F1) Common stock includes restricted stock units. |
| 5 | Derivative | Stock Option (Right to Buy) | 2023-03-16 | M | D | 21,053 | $0.00 | 0 | D | $30.84 · — to 2028-02-20 | 21,053 Common Stock | (F5) This option vested as follows: 7,019 shares vested on 2/21/2019; 7,017 shares vested on 2/21/2020; and 7,017 shares vested on 2/21/2021. |
| 6 | Derivative | Stock Option (Right to Buy) | 2023-03-16 | M | D | 20,442 | $0.00 | 0 | D | $25.00 · — to 2027-07-25 | 20,442 Common Stock | (F4) This option vested as follows: 6,815 shares vested on 7/26/2018; 6,813 shares vested on 7/26/2019; and 6,814 shares vested on 7/26/2020. |