4//SEC Filing
Zimmerman David Lee 4
Accession 0001357615-11-000022
CIK 0001357615other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 7:01 PM ET
Size
12.5 KB
Accession
0001357615-11-000022
Insider Transaction Report
Form 4
KBR, INC.KBR
Zimmerman David Lee
President, Services
Transactions
- Award
Common Stock
2011-02-24+563→ 30,666 total - Award
Common Stock
2011-02-24+885→ 31,551 total - Award
Stock Options
2011-02-24+3,020→ 15,101 totalExercise: $12.49From: 2011-03-04Exp: 2020-03-04→ Common Stock (3,020 underlying) - Award
Stock Options
2011-02-24+3,904→ 19,005 totalExercise: $21.19From: 2011-03-10Exp: 2020-03-10→ Common Stock (3,904 underlying)
Footnotes (4)
- [F1]On March 4, 2009, the reporting person was granted restricted stock units that convert to common stock at a 1-to-1 ratio and vest 20% on each anniversary of the grant date, with each vesting subject to the Company having positive net income in the prior year. This portion represents the 20% that has satisfied the positive net income requirement for this year.
- [F2]On March 10, 2010, the reporting person was granted restricted stock units that 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.
- [F3]On March 4, 2009, the reporting person was granted options that 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 with each vesting subject to the Company having positive net income in the prior year. This represents the portion that has satisfied the positive net income requirement for this year.
- [F4]On March 10, 2010, the reporting person was granted options that 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 0001396416
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 7:01 PM ET
- Size
- 12.5 KB