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

Role
EVP, Gen Counsel & Corp. Sec.
Signature
/s/ Laurel Krueger
Stock symbol
KTB
Transactions as of
May 28, 2021
Transactions value $
-$287,901
Form type
4
Date filed
6/1/2021, 04:21 PM
Next filing
Aug 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTB Common Stock Sale -$160K -2.5K -7.92% $64.15 29.1K May 28, 2021 Direct
transaction KTB Common Stock Options Exercise $145K +4.26K +14.67% $33.96 33.3K May 28, 2021 Direct
transaction KTB Common Stock Sale -$272K -4.26K -12.79% $63.89 29.1K May 28, 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 -4.26K -66.64% $0.00 2.13K May 28, 2021 Common Stock 4.26K $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.