John B. Kilroy Jr - Feb 1, 2024 Form 4 Insider Report for KILROY REALTY CORP (NYSE: KRC)

Role
Director
Signature
/s/ Heidi R. Roth, as attorney-in-fact for John B. Kilroy, Jr.
Stock symbol
NYSE: KRC
Transactions as of
Feb 1, 2024
Transactions value $
-$2,184,406
Form type
4
Date filed
2/5/2024, 09:39 PM
Previous filing
Jan 12, 2024
Next filing
Apr 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NYSE: KRC Common stock, par value $0.01 per share Options Exercise $0 +273K +35.67% $0.00 1.04M Feb 1, 2024 Direct
transaction NYSE: KRC Common stock, par value $0.01 per share Options Exercise $0 +217K +20.89% $0.00 1.26M Feb 1, 2024 Direct
transaction NYSE: KRC Common stock, par value $0.01 per share Options Exercise $0 +417K +33.17% $0.00 1.67M Feb 1, 2024 Direct
transaction NYSE: KRC Common stock, par value $0.01 per share Tax liability -$2.18M -62.1K -3.71% $35.20 1.61M Feb 2, 2024 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 NYSE: KRC Restricted Stock Units Award $0 +228K +264.42% $0.00 314K Feb 1, 2024 Common Stock 228K Direct F2, F3
transaction NYSE: KRC Restricted Stock Units Award $0 +177K +56.24% $0.00 491K Feb 1, 2024 Common Stock 177K Direct F2, F4
transaction NYSE: KRC Restricted Stock Units Award $0 +417K +85.01% $0.00 908K Feb 1, 2024 Common Stock 417K Direct F2, F5
transaction NYSE: KRC Restricted Stock Units Options Exercise $0 -273K -30.12% $0.00 634K Feb 1, 2024 Common Stock 273K Direct F2, F6
transaction NYSE: KRC Restricted Stock Units Options Exercise $0 -217K -34.25% $0.00 417K Feb 1, 2024 Common Stock 217K Direct F2, F7
transaction NYSE: KRC Restricted Stock Units Options Exercise $0 -417K -100% $0.00* 0 Feb 1, 2024 Common Stock 417K Direct F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units tendered to pay tax withholding.
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F3 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 number of units that vested based on 2022 and 2023 performance.
F4 The reporting person was awarded performance units in 2022. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2022 performance. The number of units reported reflects the additional number of units that vested based on performance through the reporting person's January 21, 2024 retirement date.
F5 The reporting person was awarded performance units in 2023. The number of units reported reflects the number of units that vested based on performance through the reporting person's January 21, 2024 retirement date.
F6 The performance units were awarded in 2021 and the final number of units subject to the award (as adjusted for dividend equivalents through January 31, 2024) was determined based on a three-year performance period ending December 31, 2023. The units are payable in shares of the Issuer's common stock.
F7 The performance units were awarded in 2022 and the final number of units subject to the award (as adjusted for dividend equivalents through January 31, 2024) was determined based on a performance period ending on the reporting person's January 21, 2024 retirement date. The units are payable in shares of the Issuer's common stock.
F8 The performance units were awarded in 2023 and the final number of units subject to the award (as adjusted for dividend equivalents through January 31, 2024) was determined based on a performance period ending on the reporting person's January 21, 2024 retirement date. The units are payable in shares of the Issuer's common stock.