Jennifer Myles - 22 Feb 2023 Form 4 Insider Report for KBR, INC. (KBR)

Signature
Lisa Hearn, Attorney-in-Fact
Issuer symbol
KBR
Transactions as of
22 Feb 2023
Net transactions value
-$589,344
Form type
4
Filing time
24 Feb 2023, 19:46:08 UTC
Previous filing
22 Feb 2023
Next filing
28 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBR Common Stock Tax liability $589,344 -11,275 -16% $52.27 58,627 22 Feb 2023 Direct F1
transaction KBR Common Stock Award $0 +4,070 +6.9% $0.000000 62,697 22 Feb 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to pay withholding taxes due upon settlement of stock acquired as a result of the achievement of the TSR performance metric of the KBR Long-Term Performance Cash and Stock Awards granted in 2020.
F2 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.