SEC Form 4 · accession 0000930420-16-000528
KFORCE INC · KFRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ralph Struzziero
Director
Period of report
Sep 9, 2016
Accepted (ET)
Sep 13, 2016 · 4:26 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 Stock | holding | — | — | — | 59,387 | D | ||
| Common StockF1 | holding | — | — | — | 1,987 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F4 | — | Sep 9, 2016 | J | 34 | A | — | — | Common Stock | 34 | 5,328 | D |
Explanation of responses
- F1The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
- F2The Restricted Stock Units ("RSUs") were granted under the Company's 2016 Stock Incentive Plan ("Plan") in consideration of the Reporting Person's service as a director. Each RSU represents a contingent right to receive one share of Kforce Inc. common stock.
- F3The transaction is disclosing a dividend that is exempt from reporting under Rule 16a.
- F4As previously reported, on April 29, 2016 the Reporting Person was granted 5,260 RSUs, which vest one year from the date of grant subject to the Reporting Person's continued service with Kforce Inc. as of the vesting date. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Kforce Inc. common stock. The 34 dividend equivalent rights being reported were credited to the reporting person's account on September 9, 2016.