Larry J. Merlo - May 23, 2024 Form 4 Insider Report for Kenvue Inc. (KVUE)

Role
Director
Signature
/s/ Alla Berenshteyn, as attorney-in-fact
Stock symbol
KVUE
Transactions as of
May 23, 2024
Transactions value $
$279,994
Form type
4
Date filed
5/28/2024, 05:27 PM
Previous filing
Aug 25, 2023

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 Deferred Share Units Award $280K +14.4K +116.76% $19.44 26.7K May 23, 2024 Common Stock 14.4K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of Deferred Share Units ("DSUs") acquired under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in shares of the Issuer's common stock upon termination of the Reporting Person's directorship (with each DSU representing the right to receive one share of Common Stock on the settlement date).
F2 Includes DSUs acquired as dividend equivalents.