4//SEC Filing
Howlett Heather 4
Accession 0001944048-23-000036
CIK 0001944048other
Filed
Aug 24, 8:00 PM ET
Accepted
Aug 25, 5:56 PM ET
Size
13.4 KB
Accession
0001944048-23-000036
Insider Transaction Report
Form 4
Kenvue Inc.KVUE
Howlett Heather
VP & Chief Accounting Officer
Transactions
- Award
Restricted Stock Units
2023-08-23+4,667→ 4,667 total→ Common Stock (4,667 underlying) - Award
Restricted Stock Units
2023-08-23+27,181→ 27,181 total→ Common Stock (27,181 underlying) - Award
Restricted Stock Units
2023-08-23+12,016→ 12,016 total→ Common Stock (12,016 underlying) - Award
Stock Options
2023-08-23+38,626→ 38,626 totalExercise: $21.97Exp: 2033-02-13→ Common Stock (38,626 underlying)
Footnotes (6)
- [F1]These restricted share units ("RSUs") were originally granted by Johnson & Johnson and, in connection with the Issuer's separation from Johnson & Johnson on August 23, 20223 (the "Separation") and pursuant to the terms of the Employee Matters Agreement, dated as of May 3, 2023 between Johnson & Johnson and the Issuer (the "Employee Matters Agreement"), were converted into RSUs with respect to Issuer common stock with adjustments made to the number of shares subject to the award in order to preserve the award's value.
- [F2]This award vests in three equal installments on 02/13/2024, 02/13/2025, and 02/13/2026, subject to the reporting person's continued service through the vesting date.
- [F3]This award will vest in full on 10/03/2025, subject to the reporting person's continued service through the vesting date.
- [F4]These RSUs were originally granted by Johnson & Johnson as performance share units and, in connection with the Separation and pursuant to the terms of the Employee Matters Agreement, were converted into time-based RSUs with respect to Issuer common stock with adjustments made to the number of shares subject to the award in order to preserve the award's value and with performance criteria deemed satisfied at the target level, unless two years have been completed in the performance period, in which case performance was deemed satisfied at the level of performance for such years.
- [F5]This award will vest in full on 02/13/2026, subject to the reporting person's continued service through the vesting date.
- [F6]These stock options were originally granted by Johnson & Johnson and, in connection with the Separation and pursuant to the terms of the Employee Matters Agreement, were converted into options with respect to Issuer common stock with adjustments made to the number of shares subject to the award and its exercise price in order to preserve the award's value.
Documents
Issuer
Kenvue Inc.
CIK 0001944048
Entity typeother
Related Parties
1- filerCIK 0001805274
Filing Metadata
- Form type
- 4
- Filed
- Aug 24, 8:00 PM ET
- Accepted
- Aug 25, 5:56 PM ET
- Size
- 13.4 KB