Kathy Widmer - 23 Aug 2023 Form 4 Insider Report for Kenvue Inc. (KVUE)

Role
Group President LATAM
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, 18:32:07 UTC
Previous filing
04 Aug 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 +8,468 $0.000000 8,468 23 Aug 2023 Common Stock 8,468 Direct F1, F2
transaction KVUE Restricted Stock Units Award $0 +13,142 $0.000000 13,142 23 Aug 2023 Common Stock 13,142 Direct F1, F3
transaction KVUE Restricted Stock Units Award $0 +12,031 $0.000000 12,031 23 Aug 2023 Common Stock 12,031 Direct F1, F4
transaction KVUE Restricted Stock Units Award $0 +21,802 $0.000000 21,802 23 Aug 2023 Common Stock 21,802 Direct F5, F6
transaction KVUE Restricted Stock Units Award $0 +32,863 $0.000000 32,863 23 Aug 2023 Common Stock 32,863 Direct F3, F5
transaction KVUE Restricted Stock Units Award $0 +38,411 $0.000000 38,411 23 Aug 2023 Common Stock 38,411 Direct F4, F5
transaction KVUE Stock Options Award $0 +70,088 $0.000000 70,088 23 Aug 2023 Common Stock 70,088 $21.97 Direct F2, F7
transaction KVUE Stock Options Award $0 +129,813 $0.000000 129,813 23 Aug 2023 Common Stock 129,813 $22.40 Direct F3, F7
transaction KVUE Stock Options Award $0 +132,117 $0.000000 132,117 23 Aug 2023 Common Stock 132,117 $22.23 Direct F4, F7
transaction KVUE Stock Options Award $0 +152,186 $0.000000 152,186 23 Aug 2023 Common Stock 152,186 $20.44 Direct F7, F8
transaction KVUE Stock Options Award $0 +73,229 $0.000000 73,229 23 Aug 2023 Common Stock 73,229 $17.82 Direct F7, F8
transaction KVUE Stock Options Award $0 +59,176 $0.000000 59,176 23 Aug 2023 Common Stock 59,176 $17.49 Direct F7, F8
transaction KVUE Stock Options Award $0 +41,271 $0.000000 41,271 23 Aug 2023 Common Stock 41,271 $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.