Thomas E. Waldron - Mar 8, 2023 Form 4 Insider Report for Kontoor Brands, Inc. (KTB)

Role
EVP, Co-COO, GB Pres Wrangler
Signature
/s/ Thomas L. Doerr, Jr. for Thomas E. Waldron (Pursuant to Signing Authority on File)
Stock symbol
KTB
Transactions as of
Mar 8, 2023
Transactions value $
-$1,148,982
Form type
4
Date filed
3/10/2023, 03:15 PM
Previous filing
Feb 27, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTB Common Stock Options Exercise $701K +22.6K +23.33% $31.07 119K Mar 8, 2023 Direct F1
transaction KTB Common Stock Sale -$1.17M -22.6K -18.92% $51.70 96.7K Mar 8, 2023 Direct F1, F2
transaction KTB Common Stock Options Exercise $224K +8.86K +9.16% $25.27 106K Mar 8, 2023 Direct F1
transaction KTB Common Stock Sale -$459K -8.86K -8.39% $51.75 96.7K Mar 8, 2023 Direct F1
transaction KTB Common Stock Options Exercise $316K +14.3K +14.83% $22.04 111K Mar 9, 2023 Direct F1
transaction KTB Common Stock Sale -$505K -9.74K -8.77% $51.89 101K Mar 9, 2023 Direct F1, F3
transaction KTB Common Stock Options Exercise $663K +21.5K +21.21% $30.84 123K Mar 9, 2023 Direct F1
transaction KTB Common Stock Sale -$1.12M -21.5K -17.5% $51.95 101K Mar 9, 2023 Direct F1, F4
transaction KTB Common Stock Options Exercise $194K +6.3K +6.22% $30.84 108K Mar 9, 2023 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 -22.6K -100% $0.00* 0 Mar 8, 2023 Common Stock 22.6K $31.07 Direct F5
transaction KTB Stock Option (Right to Buy) Options Exercise $0 -8.86K -100% $0.00* 0 Mar 8, 2023 Common Stock 8.86K $25.27 Direct F6
transaction KTB Stock Option (Right to Buy) Options Exercise $0 -14.3K -100% $0.00* 0 Mar 9, 2023 Common Stock 14.3K $22.04 Direct F7
transaction KTB Stock Option (Right to Buy) Options Exercise $0 -21.5K -77.33% $0.00 6.3K Mar 9, 2023 Common Stock 21.5K $30.84 Direct F8
transaction KTB Stock Option (Right to Buy) Options Exercise $0 -6.3K -100% $0.00* 0 Mar 9, 2023 Common Stock 6.3K $30.84 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common stock includes restricted stock units.
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.
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.
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.
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.
F6 This option vested as follows: 8,860 shares vested on 2/23/2019.
F7 This option vested as follows: 14,342 shares vested on 2/22/2020.
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.