SEC Form 4 · accession 0001357615-15-000041
KBR, INC. · KBR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Derbyshire
Officer — President, T&C
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 6:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001357615
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 25, 2015 | A | 10,325 | $0.00 | A | 22,073 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $18.16 | Feb 25, 2015 | A | 20,530 | A | Feb 25, 2016 | Feb 25, 2025 | Common Stock | 20,530 | 52,341 | D |
Explanation of responses
- F1The reporting person was granted restricted stock units that convert to common stock on a 1-to-1 ratio and vest 33 1/3% on each anniversary of the grant date.
- F2The reporting person was granted options that vest at a rate of 33 1/3% on the first anniversary, 66 2/3% on the second anniversary and 100% on the third anniversary from the original date of grant.