Scott H. Baxter - Mar 1, 2024 Form 4 Insider Report for Kontoor Brands, Inc. (KTB)

Role
Chair, President and CEO, Director
Signature
/s/ Thomas L. Doerr, Jr. for Scott H. Baxter (Pursuant to Signing Authority on File)
Stock symbol
KTB
Transactions as of
Mar 1, 2024
Transactions value $
-$3,222,382
Form type
4
Date filed
3/4/2024, 04:17 PM
Previous filing
Feb 28, 2024
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTB Common Stock Options Exercise $3.57M +115K +39.48% $31.07 406K Mar 1, 2024 Direct F1
transaction KTB Common Stock Sale -$6.79M -115K -28.31% $59.09 291K Mar 1, 2024 Direct F2
holding KTB Common Stock 1.17K Mar 1, 2024 2021 GRAT
holding KTB Common Stock 3.75K Mar 1, 2024 2021 GRAT #2
holding KTB Common Stock 3.38K Mar 1, 2024 2021 GRAT #3
holding KTB Common Stock 43.3K Mar 1, 2024 2022 GRAT #1
holding KTB Common Stock 380 Mar 1, 2024 By Son
holding KTB Common Stock 107K Mar 1, 2024 by Trust

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 -115K -100% $0.00* 0 Mar 1, 2024 Common Stock 115K $31.07 Direct F3
* 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 $58.95 to $59.69. 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.
F3 This option vested as follows: 38,323 shares vested on 2/18/2016; 38,321 shares vested on 2/18/2017; and 38,322 shares vested on 2/18/2018.