KBR, INC. — Director's Dealing 2014

Mar 10, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KBR, INC. (KBR)
CIK: 0001357615
Period of Report: 2014-03-06

Reporting Person: Utt William P (Director, CEO and President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-06	Common Stock	F	2081	$28.45	Disposed	60968	Direct
2014-03-06	Common Stock	M	69037	$12.49	Acquired	130005	Direct
2014-03-06	Common Stock	M	93704	$21.19	Acquired	223709	Direct
2014-03-06	Common Stock	S	162741	$28.16	Disposed	60968	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-06	Stock Options	$12.49	M	69037	Disposed	2019-03-04	Common Stock (69037)	Direct
2014-03-06	Stock Options	$21.19	M	93704	Disposed	2020-03-10	Common Stock (93704)	Direct

Footnotes

F1: Represents shares withheld to pay withholding taxes due upon vesting.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.92 to $28.42 inclusive.