Kathleen S. Barclay - 30 Dec 2022 Form 4 Insider Report for Kontoor Brands, Inc. (KTB)

Reporting relationship: Director
Issuer ticker: KTB
Reported as of: 30 Dec 2022
Net transaction value: +$27,500
SEC form: 4
Accepted by SEC: 03 Jan 2023, 15:28:58 UTC
Prior SEC filing: 06 Dec 2022
Next SEC filing: 03 Apr 2023
Source filing: View source filing
Reporting owner signature: /s/ Thomas L. Doerr, Jr. for Kathleen S. Barclay (Pursuant to Signing Authority on File)

Key filing fact

Kathleen S. Barclay filed Form 4 for Kontoor Brands, Inc. (KTB) on 03 Jan 2023.

Key facts

This page summarizes Kathleen S. Barclay's Form 4 filing for Kontoor Brands, Inc. (KTB).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 03 Jan 2023, 15:28.

Change

Previous filing in this sequence was filed on 06 Dec 2022.
Current net transaction value: +$27,500.

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: $27,500
Shares: +693
Change %: +29%
Price: $39.66
Shares after: 3,051
Date: 30 Dec 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 693
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 $39.6550 of fees per PSU.