Lynch Robert 4
4 · Kontoor Brands, Inc. · Filed Apr 2, 2024
Insider Transaction Report
Form 4
Lynch Robert
Director
Transactions
- Award
Phantom Stock-d
2024-03-29$59.90/sh+354.758$21,250→ 5,948.555 total→ Common Stock (354.758 underlying)
Footnotes (4)
- [F1]Represents phantom stock units ("PSUs") accrued under the Kontoor Brands Deferred Savings Plan For Non-Employee Directors Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (average of the high and low selling prices) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends.
- [F2]1 for 1.
- [F3]There is no date that should appear in these columns. These columns are not applicable to this particular filing.
- [F4]Each PSU was acquired at the election of the Director by deferring $59.90 of fees per PSU.