John B. Kilroy Jr - Jul 13, 2022 Form 4 Insider Report for KILROY REALTY CORP (KRC)

Role
Chairman and CEO, Director
Signature
/s/ Tyler H. Rose, as attorney-in-fact for John B. Kilroy, Jr.
Stock symbol
KRC
Transactions as of
Jul 13, 2022
Transactions value $
$0
Form type
4
Date filed
7/14/2022, 04:37 PM
Previous filing
Apr 20, 2022
Next filing
Oct 13, 2022

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 +4.46K +0.5% $0.00 892K Jul 13, 2022 Direct F1, F2

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 +231 +0.16% $0.00 143K Jul 13, 2022 Common Stock 231 Direct F3, F4, F5
transaction KRC Restricted Stock Units Award $0 +419 +0.29% $0.00 144K Jul 13, 2022 Common Stock 419 Direct F3, F4, F6
* 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 Since the date of the reporting person's last ownership report, the reporting person transferred 269,298.9485 shares of KRC common stock to the Catherine Kilroy 2021 Revocable Trust in a transaction that is exempt pursuant to Rule 16a12. The reporting person no longer reports as beneficially owned any securities owned by the Catherine Kilroy 2021 Revocable Trust.
F3 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.
F4 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
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 and 2021 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.
F6 The reporting person was awarded performance units in 2021 covering a three-year performance period ending December 31, 2023. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2021 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.