SEC Form 4 · accession 0001025996-17-000044
KILROY REALTY CORP · KRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Heidi Rena Roth
Officer — EVP, CAO and Controller
Period of report
Feb 3, 2017
Accepted (ET)
Feb 7, 2017 · 8:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001025996
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 3, 2017 | A | 407 | A | — | — | Common Stock | 407 | 4,958 | D |
| Restricted Stock UnitsF1,F3 | — | Feb 3, 2017 | A | 3,570 | A | — | — | Common Stock | 3,570 | 8,529 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- F2The reporting person was awarded performance units in 2015 covering a three-year performance period ending December 31, 2017. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2015 performance. The number of units reported reflects the additional minimum number of units eligible to vest based on 2016 performance. The units remain subject to additional time-based vesting requirements. Up to an additional 1,013.6867 units may vest following 2017 based on the Issuer's relative total shareholder return for 2017.
- F3The reporting person was awarded performance units in 2016 covering a three-year performance period ending December 31, 2018. The number of units reported reflects the minimum number of units eligible to vest based on the Issuer's funds from operations per share and relative total shareholder return for 2016. The units remain subject to additional time-based vesting requirements. Up to an additional 3,570.2705 units may ultimately vest after the three-year performance period based on the Issuer's relative total shareholder return for 2017 and 2018.