Jennifer Myles - 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
-$573,974
Form type
4
Filing time
26 Feb 2024, 19:58:05 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 Sale $471,603 -8,000 -17% $58.95 38,524 22 Feb 2024 Direct F1
transaction KBR Common Stock Award $0 +4,049 +11% $0.000000 42,573 22 Feb 2024 Direct F2
transaction KBR Common Stock Tax liability $47,305 -798 -1.9% $59.28 41,775 22 Feb 2024 Direct F3
transaction KBR Common Stock Tax liability $55,065 -925 -2.2% $59.53 40,850 24 Feb 2024 Direct F3
holding KBR Common Stock 14,520 22 Feb 2024 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in two transactions at $58.95 and $58.96. The reporting person undertakes to provide KBR, Inc., any security holder of KBR, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price set forth in this footnote.
F2 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.
F3 Represents shares withheld to pay withholding taxes due upon vestings.