Filing Details
- Accession Number:
- 0001127602-23-009746
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-10 16:15:33
- Reporting Period:
- 2023-03-08
- Accepted Time:
- 2023-03-10 16:15:33
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1760965 | Kontoor Brands Inc. | KTB | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1759648 | E. Thomas Waldron | 400 N. Elm Street Greensboro NC 27401 | Evp, Co-Coo, Gb Pres Wrangler | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2023-03-08 | 22,569 | $31.07 | 119,311 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-03-08 | 22,569 | $51.70 | 96,742 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2023-03-08 | 8,860 | $25.27 | 105,602 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-03-08 | 8,860 | $51.75 | 96,742 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2023-03-09 | 14,342 | $22.04 | 111,084 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-03-09 | 9,737 | $51.89 | 101,347 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2023-03-09 | 21,500 | $30.84 | 122,847 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-03-09 | 21,500 | $51.95 | 101,347 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2023-03-09 | 6,304 | $30.84 | 107,651 | No | 4 | M | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | Disposition | 2023-03-08 | 22,569 | $0.00 | 22,569 | $31.07 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2023-03-08 | 8,860 | $0.00 | 8,860 | $25.27 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2023-03-09 | 14,342 | $0.00 | 14,342 | $22.04 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2023-03-09 | 21,500 | $0.00 | 21,500 | $30.84 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2023-03-09 | 6,304 | $0.00 | 6,304 | $30.84 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2025-02-17 | No | 4 | M | Direct | |
| 0 | 2026-02-22 | No | 4 | M | Direct | |
| 0 | 2027-02-21 | No | 4 | M | Direct | |
| 6,304 | 2028-02-20 | No | 4 | M | Direct | |
| 0 | 2028-02-20 | No | 4 | M | Direct |
Footnotes
- Common stock includes restricted stock units.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from not less than $51.70 to not more than $51.7650. The reporting person undertakes to provide to Kontoor Brands, Inc., any security holder of Kontoor Brands, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from not less than $51.88 to not more than $52.00. The reporting person undertakes to provide to Kontoor Brands, Inc., any security holder of Kontoor Brands, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from not less than $51.95 to not more than $52.04. The reporting person undertakes to provide to Kontoor Brands, Inc., any security holder of Kontoor Brands, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- This option vested as follows: 7,524 shares vested on 2/18/2016; 7,524 shares vested on 2/18/2017; and 7,521 shares vested on 2/18/2018.
- This option vested as follows: 8,860 shares vested on 2/23/2019.
- This option vested as follows: 14,342 shares vested on 2/22/2020.
- This option vested as follows: 9,268 shares vested on 2/21/2019; 9,268 shares vested on 2/21/2020; and 9,268 shares vested on 2/21/2021.
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