William Byron Bright Jr. - 22 Feb 2024 Form 4 Insider Report for KBR, INC. (KBR)

Signature
/s/ Lisa Hearn, Attorney-in-Fact
Issuer symbol
KBR
Transactions as of
22 Feb 2024
Net transactions value
-$126,017
Form type
4
Filing time
26 Feb 2024, 19:50:40 UTC
Previous filing
23 Feb 2024
Next filing
04 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBR Common Stock Award $0 +5,848 +7.9% $0.000000 80,065 22 Feb 2024 Direct F1
transaction KBR Common Stock Tax liability $58,272 -983 -1.2% $59.28 79,082 22 Feb 2024 Direct F2
transaction KBR Common Stock Tax liability $67,745 -1,138 -1.4% $59.53 77,944 24 Feb 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted restricted stock units that convert to common stock on a 1-to-1 ratio where 80% vest 33 1/3% on each anniversary of the grant date and 20% vest 33 1/3% on each anniversary of the grant date subject to meeting a performance requirement. These restricted stock units represent the portion of the grant (80%) not subject to a performance requirement.
F2 Represents shares withheld to pay withholding taxes due upon vestings.