MDU RESOURCES GROUP INC - 10 Nov 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
Issuer symbol
KNF
Transactions as of
10 Nov 2023
Net transactions value
$0
Form type
4
Filing time
13 Nov 2023, 11:42:35 UTC
Previous filing
02 Jun 2023
Next filing
17 Oct 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNF Common Stock Other $0 -5,656,621 -100% $0.000000* 0 10 Nov 2023 Direct F1, F2
* 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.