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

Role
Director
Signature
Susan A. Gager, Attorney-in-Fact for Ralph Struzziero
Stock symbol
KFRC
Transactions as of
Sep 10, 2021
Transactions value $
$0
Form type
4
Date filed
9/14/2021, 04:35 PM
Previous filing
Jun 15, 2021
Next filing
Dec 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFRC Common Stock Other $0 +10 +0.21% $0.00 4.75K Sep 10, 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% $0.00 14.7K Sep 10, 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.