Thomas E. Waldron - 08 Mar 2023 Form 4 Insider Report for Kontoor Brands, Inc. (KTB)

Reporting relationship: EVP, Co-COO, GB Pres Wrangler
Issuer ticker: KTB
Reported as of: 08 Mar 2023
Net transaction value: -$1,148,982
SEC form: 4
Accepted by SEC: 10 Mar 2023, 15:15:33 UTC
Prior SEC filing: 27 Feb 2023
Next SEC filing: 04 Apr 2023
Source filing: View source filing
Reporting owner signature: /s/ Thomas L. Doerr, Jr. for Thomas E. Waldron (Pursuant to Signing Authority on File)

Key filing fact

Thomas E. Waldron filed Form 4 for Kontoor Brands, Inc. (KTB) on 10 Mar 2023.

Key facts

This page summarizes Thomas E. Waldron's Form 4 filing for Kontoor Brands, Inc. (KTB).
14 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 10 Mar 2023, 15:15.

Change

Previous filing in this sequence was filed on 27 Feb 2023.
Current net transaction value: -$1,148,982.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KTB transaction

Common Stock

Options Exercise

Transaction value: $701,106
Shares: +22,569
Change %: +23%
Price: $31.06
Shares after: 119,311
Date: 08 Mar 2023
Ownership: Direct
Footnotes: F1

KTB transaction

Common Stock

Sale

Transaction value: $1,166,880
Shares: -22,569
Change %: -19%
Price: $51.70
Shares after: 96,742
Date: 08 Mar 2023
Ownership: Direct
Footnotes: F1, F2

KTB transaction

Common Stock

Options Exercise

Transaction value: $223,878
Shares: +8,860
Change %: +9.2%
Price: $25.27
Shares after: 105,602
Date: 08 Mar 2023
Ownership: Direct
Footnotes: F1

KTB transaction

Common Stock

Sale

Transaction value: $458,505
Shares: -8,860
Change %: -8.4%
Price: $51.75
Shares after: 96,742
Date: 08 Mar 2023
Ownership: Direct
Footnotes: F1

KTB transaction

Common Stock

Options Exercise

Transaction value: $316,161
Shares: +14,342
Change %: +15%
Price: $22.04
Shares after: 111,084
Date: 09 Mar 2023
Ownership: Direct
Footnotes: F1

KTB transaction

Common Stock

Sale

Transaction value: $505,223
Shares: -9,737
Change %: -8.8%
Price: $51.89
Shares after: 101,347
Date: 09 Mar 2023
Ownership: Direct
Footnotes: F1, F3

KTB transaction

Common Stock

Options Exercise

Transaction value: $663,023
Shares: +21,500
Change %: +21%
Price: $30.84
Shares after: 122,847
Date: 09 Mar 2023
Ownership: Direct
Footnotes: F1

KTB transaction

Common Stock

Sale

Transaction value: $1,116,946
Shares: -21,500
Change %: -18%
Price: $51.95
Shares after: 101,347
Date: 09 Mar 2023
Ownership: Direct
Footnotes: F1, F4

KTB transaction

Common Stock

Options Exercise

Transaction value: $194,405
Shares: +6,304
Change %: +6.2%
Price: $30.84
Shares after: 107,651
Date: 09 Mar 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KTB transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -22,569
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 08 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 22,569
Exercise price: $31.06
Footnotes: F5

KTB transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -8,860
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 08 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,860
Exercise price: $25.27
Footnotes: F6

KTB transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -14,342
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 09 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 14,342
Exercise price: $22.04
Footnotes: F7

KTB transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -21,500
Change %: -77%
Price: $0.000000
Shares after: 6,304
Date: 09 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 21,500
Exercise price: $30.84
Footnotes: F8

KTB transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -6,304
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 09 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,304
Exercise price: $30.84
Footnotes: F8

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Common stock includes restricted stock units.

Footnote F2

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from not less than $51.70 to not more than $51.7650. The reporting person undertakes to provide to Kontoor Brands, Inc., any security holder of Kontoor Brands, Inc., or the 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 to this Form 4.

Footnote F3

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from not less than $51.88 to not more than $52.00. The reporting person undertakes to provide to Kontoor Brands, Inc., any security holder of Kontoor Brands, Inc., or the 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 to this Form 4.

Footnote F4

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from not less than $51.95 to not more than $52.04. The reporting person undertakes to provide to Kontoor Brands, Inc., any security holder of Kontoor Brands, Inc., or the 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 to this Form 4.

Footnote F5

This option vested as follows: 7,524 shares vested on 2/18/2016; 7,524 shares vested on 2/18/2017; and 7,521 shares vested on 2/18/2018.

Footnote F6

This option vested as follows: 8,860 shares vested on 2/23/2019.

Footnote F7

This option vested as follows: 14,342 shares vested on 2/22/2020.

Footnote F8

This option vested as follows: 9,268 shares vested on 2/21/2019; 9,268 shares vested on 2/21/2020; and 9,268 shares vested on 2/21/2021.