Ralph Struzziero - 10 Sep 2021 Form 4 Insider Report for KFORCE INC (KFRC)

Role: Director
Signature: Susan A. Gager, Attorney-in-Fact for Ralph Struzziero
Issuer symbol: KFRC
Transactions as of: 10 Sep 2021
Net transactions value: $0
Form type: 4
Filing time: 14 Sep 2021, 16:35:33 UTC
Previous filing: 15 Jun 2021
Next filing: 14 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KFRC	Common Stock	Other	$0	+10	+0.21%	$0.000000	4,747	10 Sep 2021	Direct	F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KFRC	Restricted Stock Units	Other	$0	+63	+0.43%	$0.000000	14,703	10 Sep 2021	Common Stock	63		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transaction is disclosing a dividend that is exempt from reporting under Rule 16a.
F2	On July 30, 2021, the issuer declared a cash dividend of $0.26 per share of common stock, payable September 24, 2021 to all shareholders of record on September 10, 2021 (the "Dividend"). The additional shares of restricted stock were received by the reporting person in connection with the Dividend and will vest in accordance with the terms of the reporting person's outstanding restricted stock agreement(s).
F3	Includes 2,247 shares of restricted stock.
F4	The Restricted Stock Units ("RSUs") were granted under the stock incentive plan approved at the time and in consideration of the reporting person's service as a director. Each RSU represents a contingent right to receive one share of Kforce Inc. common stock.
F5	RSUs vest one year from the date of the grant subject to the reporting person's continued service with Kforce Inc. as of the vesting date. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Kforce Inc. common stock.