SEC Form 4 · accession 0000930420-17-000220
KFORCE INC · KFRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ralph Struzziero
Director
Period of report
Sep 8, 2017
Accepted (ET)
Sep 12, 2017 · 4:22 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 StockF1 | Sep 11, 2017 | S | 1,000 | $18.257 | D | 57,264 | D | |
| Common StockF2 | 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 UnitsF3,F5 | — | Sep 8, 2017 | J | 66 | A | — | — | Common Stock | 66 | 9,917 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $18.255 to $18.275. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
- F2The 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.
- F3The Restricted Stock Units ("RSUs") were granted under the stock incentive plan approved at the time and 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.
- F4The transaction is disclosing a dividend that is exempt from reporting under Rule 16a.
- F5RSUs vest one year from the date of the 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.