A. Robert Paratte - 12 Jan 2022 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
Issuer symbol
KRC
Transactions as of
12 Jan 2022
Net transactions value
$0
Form type
4
Filing time
14 Jan 2022, 16:06:23 UTC
Previous filing
14 Oct 2021
Next filing
18 Jan 2022
SEC
View on sec.gov

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 +162 +0.75% $0.000000 21,819 12 Jan 2022 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 +77 +0.42% $0.000000 18,580 12 Jan 2022 Common Stock 77 Direct F2, F3, F4
transaction KRC Restricted Stock Units Award $0 +61 +0.33% $0.000000 18,641 12 Jan 2022 Common Stock 61 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