Susan Denise Sumner - May 30, 2024 Form 4 Insider Report for Kontoor Brands, Inc. (KTB)

Role
VP & Chief Accounting Officer
Signature
/s/ Thomas L. Doerr, Jr. for Susan Denise Sumner (Pursuant to Signing Authority on File)
Stock symbol
KTB
Transactions as of
May 30, 2024
Transactions value $
-$617,226
Form type
4
Date filed
6/3/2024, 04:15 PM
Previous filing
Apr 3, 2024
Next filing
Sep 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTB Common Stock Options Exercise $104K +4.71K +30.65% $22.04* 20.1K May 30, 2024 Direct F1
transaction KTB Common Stock Sale -$341K -4.71K -23.46% $72.36 15.4K May 30, 2024 Direct F2
transaction KTB Common Stock Sale -$369K -5K -32.51% $73.71 10.4K May 31, 2024 Direct
transaction KTB Common Stock Sale -$11.5K -156 -1.51% $73.67 10.2K May 31, 2024 Direct
transaction KTB Common Stock Gift $0 -285 -2.79% $0.00 9.94K May 31, 2024 Direct

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 -4.71K -100% $0.00* 0 May 30, 2024 Common Stock 4.71K $22.04 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 $72.21 to $72.60. 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: 4,712 shares vested on 2/22/2018; 4,712 shares vested on 2/22/2019; and 4,714 shares vested on 2/22/2020.