Heidi R. Roth - Jul 10, 2024 Form 4 Insider Report for KILROY REALTY CORP (NYSE: KRC)

Signature
/s/ Heidi R. Roth
Stock symbol
NYSE: KRC
Transactions as of
Jul 10, 2024
Transactions value $
$0
Form type
4
Date filed
7/12/2024, 05:12 PM
Previous filing
Apr 12, 2024
Next filing
Sep 18, 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 +756 +1.04% $0.00 73.5K Jul 10, 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 +169 +0.65% $0.00 26K Jul 10, 2024 Common Stock 169 Direct F2, F3, F4
transaction NYSE: KRC Restricted Stock Units Award $0 +257 +1% $0.00 25.9K Jul 10, 2024 Common Stock 257 Direct F2, F3, F5, 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 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 2022 covering a three-year performance period ending December 31, 2024. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2022 and 2023 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 2023 covering a three-year performance period ending December 31, 2025. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2023 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 A prior filing inadvertently overstated the reporting person's holdings in column 9 by 384.6220 shares. The amount reported herein has been updated to correct this overstatement.

Remarks:

Executive Vice President, Chief Administrative Officer