David L. Dunkel - 15 Dec 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 Dec 2023
Net transactions value
$0
Form type
4
Filing time
19 Dec 2023, 16:07:03 UTC
Previous filing
19 Sep 2023
Next filing
29 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFRC Common Stock Other $0 +453 +0.53% $0.000000 86,011 15 Dec 2023 Direct F1, F2, F3
transaction KFRC Common Stock Gift $0 -20,000 -4.1% $0.000000 467,576 15 Dec 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 +9 +0.51% $0.000000 1,784 15 Dec 2023 COMMON STOCK 9 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 October 27, 2023, the issuer declared a cash dividend of $0.36 per share of common stock, payable December 29, 2023 to all shareholders of record on December 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 86,011 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.