SEC Form 4 · accession 0001357615-15-000056
KBR, INC. · KBR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roy Oelking
Officer — President, E&C Americas
Period of report
Feb 28, 2015
Accepted (ET)
Mar 3, 2015 · 6:15 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,F2 | Feb 28, 2015 | A | 850 | $0.00 | A | 118,746 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $35.27 | Feb 28, 2015 | A | 5,160 | A | Mar 7, 2015 | Mar 7, 2022 | Common Stock | 5,160 | 118,005 | D |
Explanation of responses
- F1On March 7, 2012, the reporting person was granted restricted stock units will convert to common stock on a 1-to-1 ratio. These restricted stock units vest over five years with 20% vesting on the first anniversary of the grant date, and 20% on each anniversary thereafter, provided that the company has positive net income for the calendar year preceding the vesting date. This portion represents the portion that has satisfied the positive net income requirement for this year.
- F2This represents the balance after withholding for taxes.
- F3On March 7, 2012, the reporting person was granted options 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, provided that the company has positive net income for the calendar year preceding the vesting date. This portion represents the portion that has satisfied the positive net income requirement for this year.