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KFORCE INC — Director's Dealing 2017
Mar 14, 2017
32735_dirs_2017-03-14_6fb832e0-0456-4ce8-aefb-2512bfe090e4.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: 2017-03-10
Reporting Person: ROSEN ELAINE (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-10 | Restricted Stock Units | $ | J | 27 | Acquired | Common Stock (27.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 23886 | Direct |
Footnotes
F1: 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.
F2: The transaction is disclosing a dividend that is exempt from reporting under Rule 16a.
F3: 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. On February 3, 2017, the issuer declared a cash dividend of $0.12 per share of common stock, payable March 24, 2017 to all shareholders of record on March 10, 2017. The 27 dividend equivalent rights being reported were credited to the reporting person's account on March 10, 2017.