Scott H. Baxter - 05 Nov 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
05 Nov 2024
Net transactions value
-$6,287,593
Form type
4
Filing time
07 Nov 2024, 16:15:12 UTC
Previous filing
18 Oct 2024
Next filing
12 Nov 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 $3,674,692 +119,160 +36% $30.84 451,076 05 Nov 2024 Direct F1
transaction KTB Common Stock Sale $3,986,631 -48,069 -11% $82.94 403,007 05 Nov 2024 Direct F2
transaction KTB Common Stock Sale $4,692,175 -55,929 -14% $83.90 347,078 05 Nov 2024 Direct F3
transaction KTB Common Stock Sale $1,283,478 -15,162 -4.4% $84.65 331,916 05 Nov 2024 Direct F4
transaction KTB Common Stock Gift $0 -5,753 -1.7% $0.000000 326,163 06 Nov 2024 Direct
holding KTB Common Stock 32,300 05 Nov 2024 2022 GRAT #1
holding KTB Common Stock 380 05 Nov 2024 By Son
holding KTB Common Stock 107,127 05 Nov 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 -119,160 -100% $0.000000 0 05 Nov 2024 Common Stock 119,160 $30.84 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 $82.50 to $83.49. 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 $83.50 to $84.49. 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 $84.4950 to $84.8750. 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: 39,721 shares vested on 2/21/2019; 39,721 shares vested on 2/21/2020; and 39,718 shares vested on 2/21/2021.