Louisa G. Ritter - 24 May 2023 Form 4 Insider Report for KILROY REALTY CORP (KRC)

Role
Director
Signature
/s/ Heidi R. Roth, as attorney-in-fact for Louisa G. Ritter
Issuer symbol
KRC
Transactions as of
24 May 2023
Net transactions value
$0
Form type
4
Filing time
25 May 2023, 16:25:22 UTC
Previous filing
14 Apr 2023
Next filing
14 Jul 2023

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 +4,993 +65% $0.000000 12,622 24 May 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Award of restricted stock units granted pursuant to the Kilroy Realty 2006 Incentive Award Plan. Each restricted stock unit carries with it a right to receive dividend equivalents in respect of the share of stock underlying such restricted stock unit.