Scott H. Baxter - May 30, 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
May 30, 2024
Transactions value $
-$1,184,995
Form type
4
Date filed
5/31/2024, 04:18 PM
Previous filing
May 30, 2024
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTB Common Stock Options Exercise $640K +25.3K +7.96% $25.27 344K May 30, 2024 Direct F1
transaction KTB Common Stock Sale -$1.83M -25.3K -7.37% $72.05 318K May 30, 2024 Direct F2
holding KTB Common Stock 1.17K May 30, 2024 2021 GRAT
holding KTB Common Stock 3.75K May 30, 2024 2021 GRAT #2
holding KTB Common Stock 3.38K May 30, 2024 2021 GRAT #3
holding KTB Common Stock 43.3K May 30, 2024 2022 GRAT #1
holding KTB Common Stock 380 May 30, 2024 By Son
holding KTB Common Stock 107K May 30, 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 -25.3K -100% $0.00* 0 May 30, 2024 Common Stock 25.3K $25.27 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 $72.00 to $72.50. 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: 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.