Eliott Trencher - Feb 1, 2024 Form 4 Insider Report for KILROY REALTY CORP (NYSE: KRC)

Role
EVP, CFO & CIO
Signature
/s/ Heidi R. Roth, as attorney-in-fact for Eliott Trencher
Stock symbol
NYSE: KRC
Transactions as of
Feb 1, 2024
Transactions value $
$0
Form type
4
Date filed
2/5/2024, 09:40 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 Award $0 +9.38K +42.08% $0.00 31.7K Feb 1, 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 +18.2K +365.23% $0.00 23.1K Feb 1, 2024 Common Stock 18.2K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.
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 2023 covering a three-year performance period ending December 31, 2025. The number of units reported reflects the minimum number of units eligible to vest based on 2023 performance. The units remain subject to additional time-based vesting requirements. Up to an additional 36,308.9322 units may vest for the three-year performance period based on the Issuer's performance for that three-year period.