4//SEC Filing
Williams Mark S 4
Accession 0001357615-11-000021
CIK 0001357615other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 6:59 PM ET
Size
8.0 KB
Accession
0001357615-11-000021
Insider Transaction Report
Form 4
KBR, INC.KBR
Williams Mark S
Group President, G&D
Transactions
- Award
Common Stock
2011-02-24+849→ 3,089 total - Award
Stock Options
2011-02-24+3,748→ 3,748 totalExercise: $21.19From: 2011-03-10Exp: 2020-03-10→ Common Stock (3,748 underlying)
Footnotes (2)
- [F1]On March 10, 2010, the reporting person was granted restricted stock units will convert to common stock on a 1-to-1 ratio. These restricted stock units vest over five years with 20% vesting on the first anniversary of the grant date, and 20% on each anniversary thereafter, provided that the company has positive net income for the calendar year preceding the vesting date. This portion represents the initial 20% that has satisfied the positive net income requirement.
- [F2]On March 10, 2010, the reporting person was granted options vest at a rate of 33 1/3% on the first anniversary, 66 2/3% on the second anniversary and 100% on the third anniversary from the original date of grant, provided that the company has positive net income for the calendar year preceding the vesting date. This portion represents the initial 33 1/3% that has satisfied the positive net income requirement.
Documents
Issuer
KBR, INC.
CIK 0001357615
Entity typeother
Related Parties
1- filerCIK 0001349106
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 6:59 PM ET
- Size
- 8.0 KB