A. Robert Paratte - Jul 14, 2021 Form 4 Insider Report for KILROY REALTY CORP (KRC)

Role
Executive Vice President, Head of Leasing and Business Development
Signature
/s/ Tyler H. Rose, as attorney-in-fact for A. Robert Paratte
Stock symbol
KRC
Transactions as of
Jul 14, 2021
Transactions value $
$0
Form type
4
Date filed
7/16/2021, 06:18 PM
Next filing
Oct 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRC Common stock, par value $0.01 per share Award $0 +151 +0.71% $0.00 21.5K Jul 14, 2021 Direct F1

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 KRC Restricted Stock Units Award $0 +72.2 +0.4% $0.00 18.3K Jul 14, 2021 Common Stock 72.2 Direct F2, F3, F4
transaction KRC Restricted Stock Units Award $0 +57 +0.31% $0.00 18.4K Jul 14, 2021 Common Stock 57 Direct F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units in respect of dividend equivalent rights with respect to underlying restricted stock unit awards previously reported on Table I, which were granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms of the applicable award agreement.
F2 Crediting of restricted stock units in respect of dividend equivalent rights with respect to underlying restricted stock unit awards previously reported on Table II, which were granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms of the applicable award agreement.
F3 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F4 The reporting person was awarded performance units in 2019 covering a three-year performance period ending December 31, 2021. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2019 and 2020 performance. The number of units reported reflects the additional minimum number of units eligible to vest as a result of the crediting of restricted stock units in respect of dividend equivalent rights. The units remain subject to additional time-based vesting requirements.
F5 The reporting person was awarded performance units in 2020 covering a three-year performance period ending December 31, 2022. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2020 performance. The number of units reported reflects the additional minimum number of units eligible to vest as a result of the crediting of restricted stock units in respect of dividend equivalent rights. The units remain subject to additional time-based vesting requirements.

Remarks:

Executive Vice President, Head of Leasing and Business Development