Karen B. Fagg - May 15, 2024 Form 4 Insider Report for Knife River Corp (KNF)

Role
Director
Signature
/s/ Karl A. Liepitz, Power of Attorney
Stock symbol
KNF
Transactions as of
May 15, 2024
Transactions value $
$64,917
Form type
4
Date filed
5/16/2024, 06:20 PM
Previous filing
Apr 1, 2024
Next filing
Jun 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNF Common Stock Award $0 +2.22K +8.53% $0.00 28.3K May 15, 2024 Direct F1
transaction KNF Common Stock Award $64.9K +841 +2.97% $77.19 29.1K May 15, 2024 Direct F2

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
holding KNF Phantom Stock 219 May 15, 2024 Common Stock 219 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units (RSUs) that vest on the day immediately prior to the date of the next Knife River Corporation (the "issuer") annual meeting of stockholders occurring after the date of grant and subject to the reporting person continuing in service on the board of directors of the issuer through such vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock.
F2 Represents shares of common stock of the issuer granted to the reporting person for service on the board of directors from January 1, 2024 through May 14, 2024.
F3 Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of service as a director.