STRUZZIERO RALPH 4
4 · KFORCE INC · Filed Mar 16, 2021
Insider Transaction Report
Form 4
KFORCE INCKFRC
STRUZZIERO RALPH
Director
Transactions
- Other
Common Stock
2021-03-12+15→ 9,805 total - Other
Restricted Stock Units
2021-03-12+62→ 14,586 total→ Common Stock (62 underlying)
Footnotes (5)
- [F1]The transaction is disclosing a dividend that is exempt from reporting under Rule 16a.
- [F2]On February 5, 2021, the issuer declared a cash dividend of $0.23 per share of common stock, payable March 26, 2021 to all shareholders of record on March 12, 2021 (the "Dividend"). The additional shares of restricted stock were received by the reporting person in connection with the Dividend and will vest in accordance with the terms of the reporting person's outstanding restricted stock agreement(s).
- [F3]Includes 3,655 shares of restricted stock.
- [F4]The 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.
- [F5]RSUs 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.