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KBR, INC. — Director's Dealing 2015
Mar 3, 2015
30914_dirs_2015-03-03_421c53bf-62a7-45fa-900e-d57bcd5a44ee.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KBR, INC. (KBR)
CIK: 0001357615
Period of Report: 2015-02-28
Reporting Person: Harrington Ivor (President E&C)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-28 | Common Stock | A | 1060 | — | Acquired | 119704 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-28 | Stock Options | $24.98 | A | 6434 | Acquired | 2022-07-09 | Common Stock (6434) | Direct |
Footnotes
F1: On July 9, 2012, the reporting person was granted restricted stock units that convert to common stock at a 1-to-1 ration 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 portion that has satisfied the positive net income requirement for this year.
F2: This represents the balance after withholding for taxes.
F3: On July 9, 2012, 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 anniversay 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.