Home/Filings/4/0001944048-23-000040
4//SEC Filing

Lorenson Donna 4

Accession 0001944048-23-000040

CIK 0001944048other

Filed

Aug 24, 8:00 PM ET

Accepted

Aug 25, 6:03 PM ET

Size

25.8 KB

Accession

0001944048-23-000040

Insider Transaction Report

Form 4
Period: 2023-08-23
Lorenson Donna
Chief Corp. Affairs Officer
Transactions
  • Award

    Stock Options

    2023-08-23+26,90626,906 total
    Exercise: $21.97Exp: 2033-02-13Common Stock (26,906 underlying)
  • Award

    Stock Options

    2023-08-23+37,59637,596 total
    Exercise: $20.44Exp: 2030-02-10Common Stock (37,596 underlying)
  • Award

    Restricted Stock Units

    2023-08-23+2,5112,511 total
    Common Stock (2,511 underlying)
  • Award

    Restricted Stock Units

    2023-08-23+8,0238,023 total
    Common Stock (8,023 underlying)
  • Award

    Restricted Stock Units

    2023-08-23+8,3718,371 total
    Common Stock (8,371 underlying)
  • Award

    Restricted Stock Units

    2023-08-23+3,2523,252 total
    Common Stock (3,252 underlying)
  • Award

    Restricted Stock Units

    2023-08-23+2,8152,815 total
    Common Stock (2,815 underlying)
  • Award

    Restricted Stock Units

    2023-08-23+7,0387,038 total
    Common Stock (7,038 underlying)
  • Award

    Stock Options

    2023-08-23+27,61027,610 total
    Exercise: $22.23Exp: 2031-02-08Common Stock (27,610 underlying)
  • Award

    Stock Options

    2023-08-23+27,79527,795 total
    Exercise: $22.40Exp: 2032-02-14Common Stock (27,795 underlying)
Footnotes (8)
  • [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 02/14/2025, subject to the reporting person's continued service through the vesting date.
  • [F4]This award will vest in full on 02/08/2024, subject to the reporting person's continued service through the vesting date.
  • [F5]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.
  • [F6]This award will vest in full on 02/13/2026, subject to the reporting person's continued service through the vesting date.
  • [F7]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.
  • [F8]This award is fully vested

Issuer

Kenvue Inc.

CIK 0001944048

Entity typeother

Related Parties

1
  • filerCIK 0001967595

Filing Metadata

Form type
4
Filed
Aug 24, 8:00 PM ET
Accepted
Aug 25, 6:03 PM ET
Size
25.8 KB