SEC Form 4 · accession 0000930420-16-000558
KFORCE INC · KFRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Blackman
Officer — Chief Corporate Dev. Officer
Period of report
Dec 9, 2016
Accepted (ET)
Dec 13, 2016 · 4:18 pm EST
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,F3 | Dec 9, 2016 | J | 214 | $0.00 | A | 59,066 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transaction is disclosing a dividend that is exempt from reporting under Rule 16a.
- F2On October 28, 2016, the issuer declared a cash dividend of $0.12 per share of common stock, payable December 23, 2016 to all shareholders of record on December 9, 2016 (the "Dividend"). In accordance with the terms of the Restricted Stock Agreements dated January 2, 2013, October 14, 2013, October 14, 2013, as amended, January 2, 2014, January 2, 2015 and January 4, 2016, 24, 15, 6, 26, 64 and 79 additional shares of restricted stock were received by the reporting person in connection with the Dividend. The additional shares of restricted stock will vest as follows: 24 shares in even increments over 2 years beginning January 2, 2017, 15 shares in even increments over 5 years beginning October 14, 2019, 6 shares in even increments over 2 years beginning November 30, 2017, 26 shares in even increments over 3 years beginning January 2, 2017, 64 shares in even increments over 4 years beginning January 2, 2017 and 79 shares in even increments over 5 years beginning January 4, 2017.
- F3Includes 42,381 shares of restricted stock.