Mdu Resources Group Inc - Nov 10, 2023 Form 4 Insider Report for Knife River Corp (KNF)

Role: 10%+ Owner
Signature: /s/ Paul R. Sanderson, Vice President, Chief Legal Officer and Secretary
Stock symbol: KNF
Transactions as of: Nov 10, 2023
Transactions value $: $0
Form type: 4
Date filed: 11/13/2023, 11:42 AM
Previous filing: Jun 2, 2023
Next filing: Oct 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KNF	Common Stock	Other	$0	-5.66M	-100%	$0.00^*	0	Nov 10, 2023	Direct	F1, F2

Showing 1 to 1 of 1 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person exchanged 5,656,621 shares of the common stock of the Issuer to extinguish $310 million aggregate principal amount of indebtedness under a short-term credit facility of the reporting person in a debt-for-equity exchange.
F2	The value of the Issuer's common stock for purposes of the debt-for-equity exchange was $54 per share.