Ralph Struzziero - 11 Mar 2022 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
11 Mar 2022
Net transactions value
$0
Form type
4
Filing time
14 Mar 2022, 18:27:28 UTC
Previous filing
14 Dec 2021
Next filing
03 May 2022

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 4,765 11 Mar 2022 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 +66 +0.45% $0.000000 14,821 11 Mar 2022 Common Stock 66 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 February 4, 2022, the issuer declared a cash dividend of $0.30 per share of common stock, payable March 25, 2022 to all shareholders of record on March 11, 2022 (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 2,265 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.