Ring Nathan W 4
4 · Knife River Corp · Filed Jul 13, 2023
Insider Transaction Report
Form 4
Ring Nathan W
Vice President & CFO
Transactions
- Award
Common Stock
2023-07-12+10,983→ 26,863 total
Holdings
- 4,992.782(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 3,128 shares of the issuer's common stock, 3,726 RSUs that vest on December 31, 2023, 4,258 RSUs that vest on December 31, 2024, and 4,768 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.