SEC Form 4 · accession 0001025996-17-000149
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
Jul 20, 2017
Accepted (ET)
Jul 20, 2017 · 5:57 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 | Jul 20, 2017 | M | 13,781 | $0.00 | A | 97,232 | D | |
| Common stock, par value $0.01 per share | Jul 20, 2017 | M | 3,813 | $0.00 | A | 101,045 | D | |
| Common stock, par value $0.01 per shareF1 | Jul 20, 2017 | F | 8,769 | $73.50 | D | 92,276 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Jul 20, 2017 | M | 13,781 | D | — | — | Common Stock | 13,781 | 40,267 | D |
| Restricted Stock UnitsF2,F4 | — | Jul 20, 2017 | M | 3,813 | D | — | — | Common Stock | 3,813 | 36,454 | D |
Explanation of responses
- F1Common stock tendered to pay tax withholding.
- F2Each restricted stock unit represents a contingent right to receive one share of Issuer common stock and may be settled in cash under certain circumstances.
- F3The reporting person was awarded performance units in 2014 covering a three-year performance period ending December 31, 2016. The total number of units subject to the award that actually vested were paid in an equivalent number of shares of Issuer common stock with the fractional share amount settled in cash.
- F4The restricted stock units vest over a four-year period starting on January 5, 2015, subject to continued employment with the Issuer on the applicable vesting date. Fractional share amount settled in cash.
Remarks
Executive Vice President, Development and Construction Services