SEC Form 4 · accession 0000892712-16-001444
KOHLS Corp · KSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Mansell
Officer — Chairman, President, CEO · Director
Period of report
Mar 2, 2016
Accepted (ET)
Mar 3, 2016 · 5:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000885639
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 2, 2016 | M | 50,000 | $41.63 | A | 357,789 | D | |
| Common StockF2,F3 | Mar 2, 2016 | S | 50,000 | $46.82 | D | 307,789 | D | |
| Common StockF4 | holding | — | — | — | 220,492 | I | By family trust | |
| Common StockF5 | holding | — | — | — | 40,877 | I | By Spouse |
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) | $41.63 | Mar 2, 2016 | M | 50,000 | D | Mar 30, 2009 | Mar 30, 2016 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1The options exercised were granted to the reporting person in 2009 and were scheduled to expire at the end of their 7 year term on March 30, 2016.
- F2The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.59-$47.06, inclusive.
- F3Includes 163,058 unvested shares of restricted stock.
- F4Mr. Mansell is not the trustee or beneficiary of the family trust. He disclaims ownership of the trust's shares for purposes of Section 16 of the Exchange Act and, accordingly, disclaims any obligation to report its transactions.
- F5This report should not be deemed an admission that the reporting person is the beneficial owner of his spouse's shares for purposes of Section 16 or any other purpose.