Douglas Nick Kelly - 24 Feb 2022 Form 4 Insider Report for KBR, INC. (KBR)

Role
President, Technology
Signature
Adam M. Kramer, Attorney-in-Fact
Issuer symbol
KBR
Transactions as of
24 Feb 2022
Net transactions value
-$21,920
Form type
4
Filing time
28 Feb 2022, 19:15:40 UTC
Previous filing
22 Feb 2022
Next filing
01 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBR Common Stock Award $0 +4,162 +14% $0.000000 34,301 24 Feb 2022 Direct F1
transaction KBR Common Stock Options Exercise $58,368 +1,661 +4.8% $35.14 35,962 25 Feb 2022 Direct
transaction KBR Common Stock Sale $80,287 -1,661 -4.6% $48.34 34,301 25 Feb 2022 Direct

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 KBR Stock Options Options Exercise $0 -553 -11% $0.000000 4,564 25 Feb 2022 Common Stock 553 $35.14 Direct
transaction KBR Stock Options Options Exercise $0 -554 -12% $0.000000 4,010 25 Feb 2022 Common Stock 554 $35.14 Direct
transaction KBR Stock Options Options Exercise $0 -554 -14% $0.000000 3,456 25 Feb 2022 Common Stock 554 $35.14 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted restricted stock units that convert to common stock on a 1-to-1 ratio where 80% vest 33 1/3% on each anniversary of the grant date and 20% vest 33 1/3% on each anniversary of the grant date subject to meeting a performance requirement. These restricted stock units represent the portion of the grant (80%) not subject to a performance requirement.