SEC Form 4 · accession 0001025996-17-000121
KILROY REALTY CORP · KRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Justin William Smart
Officer — See Remarks
Period of report
Jun 13, 2017
Accepted (ET)
Jun 14, 2017 · 6:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001025996
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock, par value $0.01 per share | Jun 13, 2017 | M | 10,000 | $42.61 | A | 93,017 | D | |
| Common stock, par value $0.01 per shareF1 | Jun 13, 2017 | S | 10,000 | $76.6565 | D | 83,017 | D | |
| Common stock, par value $0.01 per share | Jun 14, 2017 | M | 10,000 | $42.61 | A | 93,017 | D | |
| Common stock, par value $0.01 per shareF2 | Jun 14, 2017 | S | 10,000 | $76.8587 | D | 83,017 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $42.61 | Jun 13, 2017 | M | 10,000 | D | — | Feb 22, 2022 | Common Stock | 10,000 | 10,000 | D |
| Employee Stock Option (right to buy)F3 | $42.61 | Jun 14, 2017 | M | 10,000 | D | — | Feb 22, 2022 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.61 to $76.69 inclusive. The reporting person undertakes to provide to Kilroy Realty Corporation, any security holder of Kilroy Realty Corporation, or staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.65 to $76.94 inclusive. The reporting person undertakes to provide to Kilroy Realty Corporation, any security holder of Kilroy Realty Corporation, or staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3The option vests in five equal annual installments beginning on February 22, 2013.
Remarks
Executive Vice President, Development & Construction Services