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KFORCE INC — Director's Dealing 2016
Dec 13, 2016
32735_dirs_2016-12-13_bbecb2cf-c2fd-4883-900c-6223f4106908.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KFORCE INC (KFRC)
CIK: 0000930420
Period of Report: 2016-12-12
Reporting Person: STRUZZIERO RALPH (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-12-12 | Common Stock | S | 3584 | $23.90 | Disposed | 55803 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-12-09 | Restricted Stock Units | $ | J | 27 | Acquired | Common Stock (27.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1987 | Indirect |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $23.90 to $23.905. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F2: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
F3: The Restricted Stock Units ("RSUs") were granted under the Company's 2016 Stock Incentive Plan ("Plan") in consideration of the reporting person's service as a director. Each RSU represents a contingent right to receive one share of Kforce Inc. common stock.
F4: The transaction is disclosing a dividend that is exempt from reporting under Rule 16a.
F5: As previously reported, on April 29, 2016 the reporting person was granted 5,260 RSUs, which vest one year from the date of grant subject to the reporting person's continued service with Kforce Inc. as of the vesting date. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Kforce Inc. common stock. The 27 dividend equivalent rights being reported were credited to the reporting person's account on December 9, 2016.