SEC Form 4 · accession 0001357615-19-000038
KBR, INC. · KBR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond L. Carney Jr.
Officer — VP & Chief Accounting Officer
Period of report
Feb 27, 2019
Accepted (ET)
Mar 1, 2019 · 7:54 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 27, 2019 | F | 520 | $19.76 | D | 12,507 | D | |
| Common StockF2 | Feb 28, 2019 | A | 4,049 | $0.00 | A | 16,556 | D | |
| Common StockF3 | Feb 28, 2019 | A | 6,401 | $0.00 | A | 22,957 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld to pay withholding taxes due upon vestings.
- F2The reporting person was granted restricted stock units that convert to common stock on a 1-to-1 ratio where 80% vest 33 1/3% on each anniversary of the grant date and 20% vest 33 1/3% on each anniversary of the grant date subject to meeting a performance requirement. These restricted stock units represent the portion of the grant (80%) not subject to a performance requirement.
- F3The reporting person was granted restricted stock units that convert to common stock on a 1-to-1 ratio. 100% of the restricted stock units will vest 3 years after the grant date.