Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MDU | Common Stock | Award | $0 | +8.99K | +14.86% | $0.00 | 69.5K | May 31, 2023 | Direct | F1 |
transaction | MDU | Common Stock | Award | $0 | +6.85K | +9.85% | $0.00 | 76.4K | May 31, 2023 | Direct | F2 |
holding | MDU | Common Stock - 401(k) | 5.9K | May 31, 2023 | By Trustee | F3 |
Trevor J. Hastings is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
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F1 | Represents restricted stock units (RSUs) that vest on December 31, 2024, provided that the reporting person remains employed by the issuer as of the vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock. On May 31, 2023, such RSUs were converted from a previously granted performance-based share award in connection with the issuer's distribution to its shareholders of approximately 90% of the outstanding shares of its wholly owned subsidiary, Knife River Corporation (formerly known as Knife River Holding Company), on May 31, 2023 (the "Spin-off"). |
F2 | Represents RSUs that vest on December 31, 2023, provided that the reporting person remains employed by the issuer as of the vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock. On May 31, 2023, such RSUs were converted from a previously granted performance-based share award in connection with the Spin-Off. |
F3 | As of the most recent quarter end, the number of shares may fluctuate daily depending on plan activity in the fund. |