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

Role
President, Technology
Signature
Adam M. Kramer, Attorney-in-Fact
Stock symbol
KBR
Transactions as of
Feb 24, 2022
Transactions value $
-$21,920
Form type
4
Date filed
2/28/2022, 07:15 PM
Previous filing
Feb 22, 2022
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBR Common Stock Award $0 +4.16K +13.81% $0.00 34.3K Feb 24, 2022 Direct F1
transaction KBR Common Stock Options Exercise $58.4K +1.66K +4.84% $35.14 36K Feb 25, 2022 Direct
transaction KBR Common Stock Sale -$80.3K -1.66K -4.62% $48.34 34.3K Feb 25, 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 -10.81% $0.00 4.56K Feb 25, 2022 Common Stock 553 $35.14 Direct
transaction KBR Stock Options Options Exercise $0 -554 -12.14% $0.00 4.01K Feb 25, 2022 Common Stock 554 $35.14 Direct
transaction KBR Stock Options Options Exercise $0 -554 -13.82% $0.00 3.46K Feb 25, 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.