David Alves - Apr 14, 2023 Form 4 Insider Report for KOHLS Corp (KSS)

Role: President & COO
Signature: By Elizabeth McCright, P.O.A.
Stock symbol: KSS
Transactions as of: Apr 14, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/18/2023, 05:07 PM
Previous filing: Mar 29, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KSS	Common Shares	Award		+68.4K	+185.55%		105K	Apr 14, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Award of restricted stock units pursuant to the Company's Long-Term Compensation Plan. These restricted stock units vest in three installments-40% on the first anniversary of the Grant Date, 40% on the second anniversary of the Grant Date and 20% on the third anniversary of the Grant Date. Consistent with past practices, the Company granted these restricted stock units effective April 14, 2023, following Mr. Alves's appointment as President & Chief Operating Officer on March 27, 2023.
F2	Includes 105,318 unvested restricted stock units.

Content

Award of restricted stock units pursuant to the Company's Long-Term Compensation Plan. These restricted stock units vest in three installments-40% on the first anniversary of the Grant Date, 40% on the second anniversary of the Grant Date and 20% on the third anniversary of the Grant Date. Consistent with past practices, the Company granted these restricted stock units effective April 14, 2023, following Mr. Alves's appointment as President & Chief Operating Officer on March 27, 2023.

Includes 105,318 unvested restricted stock units.