Bernardo Tavares - 23 Aug 2023 Form 4 Insider Report for Kenvue Inc. (KVUE)

Role
Chief Tech & Data Officer
Signature
/s/ Alla Berenshteyn, as attorney-in-fact
Issuer symbol
KVUE
Transactions as of
23 Aug 2023
Net transactions value
$0
Form type
4
Filing time
25 Aug 2023, 18:27:25 UTC
Previous filing
08 May 2023
Next filing
04 Oct 2023
SEC
View on sec.gov

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 KVUE Restricted Stock Units Award $0 +4,008 $0.000000 4,008 23 Aug 2023 Common Stock 4,008 Direct F1, F2
transaction KVUE Restricted Stock Units Award $0 +2,689 $0.000000 2,689 23 Aug 2023 Common Stock 2,689 Direct F1, F3
transaction KVUE Restricted Stock Units Award $0 +2,385 $0.000000 2,385 23 Aug 2023 Common Stock 2,385 Direct F1, F4
transaction KVUE Restricted Stock Units Award $0 +10,320 $0.000000 10,320 23 Aug 2023 Common Stock 10,320 Direct F5, F6
transaction KVUE Restricted Stock Units Award $0 +6,727 $0.000000 6,727 23 Aug 2023 Common Stock 6,727 Direct F3, F5
transaction KVUE Restricted Stock Units Award $0 +7,608 $0.000000 7,608 23 Aug 2023 Common Stock 7,608 Direct F4, F5
transaction KVUE Stock Options Award $0 +33,173 $0.000000 33,173 23 Aug 2023 Common Stock 33,173 $21.97 Direct F2, F7
transaction KVUE Stock Options Award $0 +26,573 $0.000000 26,573 23 Aug 2023 Common Stock 26,573 $22.40 Direct F3, F7
transaction KVUE Stock Options Award $0 +26,173 $0.000000 26,173 23 Aug 2023 Common Stock 26,173 $22.23 Direct F4, F7
transaction KVUE Stock Options Award $0 +30,210 $0.000000 30,210 23 Aug 2023 Common Stock 30,210 $20.44 Direct F7, F8
transaction KVUE Stock Options Award $0 +22,543 $0.000000 22,543 23 Aug 2023 Common Stock 22,543 $17.82 Direct F7, F8
transaction KVUE Stock Options Award $0 +19,120 $0.000000 19,120 23 Aug 2023 Common Stock 19,120 $17.49 Direct F7, F8
transaction KVUE Stock Options Award $0 +20,268 $0.000000 20,268 23 Aug 2023 Common Stock 20,268 $15.62 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted share units ("RSUs") were originally granted by Johnson & Johnson and, in connection with the Issuer's separation from Johnson & Johnson on August 23, 20223 (the "Separation") and pursuant to the terms of the Employee Matters Agreement, dated as of May 3, 2023 between Johnson & Johnson and the Issuer (the "Employee Matters Agreement"), were converted into RSUs with respect to Issuer common stock with adjustments made to the number of shares subject to the award in order to preserve the award's value.
F2 This award vests in three equal installments on 02/13/2024, 02/13/2025, and 02/13/2026, subject to the reporting person's continued service through the vesting date.
F3 This award will vest in full on 02/14/2025, subject to the reporting person's continued service through the vesting date.
F4 This award will vest in full on 02/08/2024, subject to the reporting person's continued service through the vesting date.
F5 These RSUs were originally granted by Johnson & Johnson as performance share units and, in connection with the Separation and pursuant to the terms of the Employee Matters Agreement, were converted into time-based RSUs with respect to Issuer common stock with adjustments made to the number of shares subject to the award in order to preserve the award's value and with performance criteria deemed satisfied at the target level, unless two years have been completed in the performance period, in which case performance was deemed satisfied at the level of performance for such years.
F6 This award will vest in full on 02/13/2026, subject to the reporting person's continued service through the vesting date.
F7 These stock options were originally granted by Johnson & Johnson and, in connection with the Separation and pursuant to the terms of the Employee Matters Agreement, were converted into options with respect to Issuer common stock with adjustments made to the number of shares subject to the award and its exercise price in order to preserve the award's value.
F8 This award is fully vested.