Hastings Trevor J 4
4 · Knife River Corp · Filed Jul 13, 2023
Insider Transaction Report
Form 4
Hastings Trevor J
Vice President & COO
Transactions
- Award
Common Stock
2023-07-12+7,236→ 47,485 total
Holdings
- 3,084.496(indirect: By Trust)
Common Stock - 401(k)
Footnotes (3)
- [F1]Represents restricted stock units (RSUs) that vest on December 31, 2025, provided that the reporting person remains employed by the issuer as of the vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock.
- [F2]Includes 10,017 shares of the issuer's common stock, 8,506 RSUs that vest on December 31, 2023, 10,223 RSUs that vest on December 31, 2024, and 11,503 RSUs that vest on December 31, 2025, provided, in each case, that the reporting person remains employed by the issuer as of the applicable vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock. Such RSUs were converted from certain previously granted equity-based awards of MDU Resources Group, Inc., the issuer's former parent company, in connection with approximately 90% of the issuer's outstanding common stock being distributed to shareholders of MDU Resources Group, Inc. on May 31, 2023.
- [F3]As of the most recent quarter end, the number of shares may fluctuate daily depending on plan activity in the fund.