DUNKEL DAVID L - 15 Sep 2023 Form 4 Insider Report for KFORCE INC (KFRC)

Role
Director
Signature
Susan A. Gager, Attorney-in-Fact for David L. Dunkel
Issuer symbol
KFRC
Transactions as of
15 Sep 2023
Transactions value $
$0
Form type
4
Filing time
19 Sep 2023, 16:08:08 UTC
Previous filing
02 Aug 2023
Next filing
19 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFRC Common Stock Other $0 +524 +0.57% $0.00 93K 15 Sep 2023 Direct F1, F2, F3
holding KFRC Common Stock 480K 15 Sep 2023 By: Revocable Trust F4

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 +11 +0.62% $0.00 1.78K 15 Sep 2023 COMMON STOCK 11 Direct F1, F5, F6
* 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 28, 2023, the issuer declared a cash dividend of $0.36 per share of common stock, payable September 29, 2023 to all shareholders of record on September 15, 2023 (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 85,558 shares of restricted stock.
F4 Shares are held by the David L. Dunkel Amended and Restated Revocable Living Trust, dated 10/3/2003.
F5 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.
F6 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.