SEC Form 4 · accession 0000930420-15-000154
KFORCE INC · KFRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sara R. Nichols
Officer — Chief Accounting Officer
Period of report
Nov 30, 2014
Accepted (ET)
Jun 15, 2015 · 4:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000930420
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Nov 30, 2014 | F | 310 | $23.34 | D | 16,667 | D | |
| Common StockF4,F5 | Jun 12, 2015 | J | 73 | $0.00 | A | 16,740 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transaction is disclosing shares withheld by the issuer solely to cover the minimum income tax withholding requirements associated with the vesting of 1,133 shares of restricted stock on November 30, 2014. Due to administrative oversight the withholding was not timely reported.
- F2Includes 14,866 shares of restricted stock.
- F3The transaction is disclosing a dividend that is exempt from reporting under Rule 16a.
- F4On April 24, 2015, the issuer declared a cash dividend of $0.11 per share of common stock, payable June 26, 2015 to all shareholders of record on June 12, 2015 (the "Dividend"). In accordance with the terms of the Restricted Stock Agreements dated October 14, 2013, October 14, 2013, as amended, January 2, 2014 and January 2, 2015, 28, 23, 8 and 14 additional shares of restricted stock were received by the reporting person in connection with the Dividend, respectively. The additional shares of restricted stock will vest as follows: 28 shares in even increments over 5 years beginning October 14, 2019, 23 shares in even increments over 4 years beginning November 30, 2015, 8 shares in even increments over 4 years beginning January 2, 2016 and 14 shares in even increments over 5 years beginning January 2, 2016.
- F5Includes 14,939 shares of restricted stock.