Scott H. Baxter - 28 May 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)
Issuer symbol
KTB
Transactions as of
28 May 2024
Net transactions value
-$5,118,154
Form type
4
Filing time
30 May 2024, 16:15:15 UTC
Previous filing
03 Apr 2024
Next filing
31 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTB Common Stock Options Exercise $2,043,676 +80,880 +25% $25.27 399,068 28 May 2024 Direct F1
transaction KTB Common Stock Sale $5,351,439 -74,571 -19% $71.76 324,497 28 May 2024 Direct F2
transaction KTB Common Stock Sale $459,219 -6,309 -1.9% $72.79 318,188 28 May 2024 Direct F3
transaction KTB Common Stock Options Exercise $738,129 +29,212 +9.2% $25.27 347,400 29 May 2024 Direct
transaction KTB Common Stock Sale $2,089,301 -29,212 -8.4% $71.52 318,188 29 May 2024 Direct F4
holding KTB Common Stock 1,165 28 May 2024 2021 GRAT
holding KTB Common Stock 3,750 28 May 2024 2021 GRAT #2
holding KTB Common Stock 3,376 28 May 2024 2021 GRAT #3
holding KTB Common Stock 43,271 28 May 2024 2022 GRAT #1
holding KTB Common Stock 380 28 May 2024 By Son
holding KTB Common Stock 107,127 28 May 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 -80,880 -60% $0.000000 54,544 28 May 2024 Common Stock 80,880 $25.27 Direct F5
transaction KTB Stock Option (Right to Buy) Options Exercise $0 -29,212 -54% $0.000000 25,332 29 May 2024 Common Stock 29,212 $25.27 Direct F5
* 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 $71.50 to $72.47. 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 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.50 to $73.0650. 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.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.50 to $71.605. 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.
F5 This option vested as follows: 45,142 shares vested on 2/23/2017; 45,142 shares vested on 2/23/2018; and 45,140 shares vested on 2/23/2019.