Kontoor Brands, Inc. — Director's Dealing 2021

Mar 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Kontoor Brands, Inc. (KTB)
CIK: 0001760965
Period of Report: 2021-03-18

Reporting Person: Sumner Susan Denise (VP & Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-18	Common Stock	M	11082	$23.4132	Acquired	19879.306	Direct
2021-03-18	Common Stock	S	11082	$54.7216	Disposed	8797.306	Direct
2021-03-18	Common Stock	M	9794	$31.065	Acquired	18591.306	Direct
2021-03-18	Common Stock	S	9794	$55.00	Disposed	8797.306	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-18	Stock Option (Right to Buy)	$23.4132	M	11082	Disposed	2024-02-18	Common Stock (11082)	Direct
2021-03-18	Stock Option (Right to Buy)	$31.065	M	9794	Disposed	2025-02-17	Common Stock (9794)	Direct

Footnotes

F1: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.72 to $55.00. The reporting person undertakes to provide to Kontoor Brands, Inc., any security holder of Kontoor Brands, Inc., or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2: This option vested as follows: 3,694 shares vested on 2/19/2015; 3,694 shares vested on 2/19/2016; and 3,694 shares vested on 2/19/2017.

F3: This option vested as follows: 3,265 shares vested on 2/18/2016; 3,265 shares vested on 2/18/2017; and 3,264 shares vested on 2/18/2018.