Laurel Krueger - 28 May 2021 Form 4 Insider Report for Kontoor Brands, Inc. (KTB)

Role
EVP, Gen Counsel & Corp. Sec.
Signature
/s/ Laurel Krueger
Issuer symbol
KTB
Transactions as of
28 May 2021
Net transactions value
-$287,901
Form type
4
Filing time
01 Jun 2021, 16:21:52 UTC
Next filing
16 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTB Common Stock Sale $160,375 -2,500 -7.9% $64.15 29,058 28 May 2021 Direct
transaction KTB Common Stock Options Exercise $144,752 +4,262 +15% $33.96 33,320 28 May 2021 Direct
transaction KTB Common Stock Sale $272,278 -4,262 -13% $63.88 29,058 28 May 2021 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 KTB Stock Option (Right to Buy) Options Exercise $0 -4,262 -67% $0.000000 2,134 28 May 2021 Common Stock 4,262 $33.96 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.83 to $63.90. The reporting person undertakes to provide to Kontoor Brands, Inc., any security holder of Kontoor Brands, Inc., or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 This option vests as follows: 2,132 shares vested on 1/23/2020; 2,132 shares vested on 1/23/2021; and 2,132 shares vest on 1/23/2022.