Juliana L. Chugg - 01 Oct 2021 Form 4 Insider Report for Kontoor Brands, Inc. (KTB)

Reporting relationship: Director
Issuer ticker: KTB
Reported as of: 01 Oct 2021
Net transaction value: +$26,250
SEC form: 4
Accepted by SEC: 05 Oct 2021, 17:34:44 UTC
Prior SEC filing: 06 Jul 2021
Next SEC filing: 29 Oct 2021
Source filing: View source filing
Reporting owner signature: /s/ Miranda Stephani for Juliana L. Chugg (Pursuant to Signing Authority on File)

Key filing fact

Juliana L. Chugg filed Form 4 for Kontoor Brands, Inc. (KTB) on 05 Oct 2021.

Key facts

This page summarizes Juliana L. Chugg's Form 4 filing for Kontoor Brands, Inc. (KTB).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 05 Oct 2021, 17:34.

Change

Previous filing in this sequence was filed on 06 Jul 2021.
Current net transaction value: +$26,250.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KTB transaction Derivative

Phantom Stock-d

Award

Transaction value: $26,250
Shares: +520
Change %: +13%
Price: $50.46
Shares after: 4,658
Date: 01 Oct 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 520
Exercise price
Footnotes: F1, F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents phantom stock units ("PSUs") accrued under the Kontoor Brands Deferred Savings Plan For Non-Employee Directors Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (average of the high and low selling prices) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends.

Footnote F2

1 for 1.

Footnote F3

There is no date that should appear in these columns. These columns are not applicable to this particular filing.

Footnote F4

Each PSU was acquired at the election of the Director by deferring $50.4650 of fees per PSU.