A. Robert Paratte - 08 Jan 2025 Form 4 Insider Report for KILROY REALTY CORP (KRC)

Signature
/s/ Heidi R. Roth, as attorney-in-fact for A. Robert Paratte
Issuer symbol
KRC
Transactions as of
08 Jan 2025
Net transactions value
-$154,953
Form type
4
Filing time
10 Jan 2025, 17:19:09 UTC
Previous filing
03 Dec 2024
Next filing
06 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NYSE: KRC Common stock, par value $0.01 per share Award $0 +339 +0.56% $0.000000 60,686 08 Jan 2025 Direct F1
transaction NYSE: KRC Common stock, par value $0.01 per share Tax liability $154,953 -4,180 -6.9% $37.07 56,506 10 Jan 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NYSE: KRC Restricted Stock Units Award $0 +258 +0.58% $0.000000 44,927 08 Jan 2025 Common Stock 258 Direct F3, F4, F5
transaction NYSE: KRC Restricted Stock Units Award $0 +393 +0.87% $0.000000 45,320 08 Jan 2025 Common Stock 393 Direct F3, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units in respect of dividend equivalent rights with respect to underlying restricted stock unit awards previously reported on Table I, which were granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms of the applicable award agreement.
F2 Common stock tendered to pay tax withholding.
F3 Crediting of restricted stock units in respect of dividend equivalent rights with respect to underlying restricted stock unit awards previously reported on Table II, which were granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms of the applicable award agreement.
F4 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F5 The reporting person was awarded performance units in 2022 covering a three-year performance period ending December 31, 2024. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2022 and 2023 performance. The number of units reported reflects the additional minimum number of units eligible to vest as a result of the crediting of restricted stock units in respect of dividend equivalent rights. The units remain subject to additional time-based vesting requirements.
F6 The reporting person was awarded performance units in 2023 covering a three-year performance period ending December 31, 2025. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2023 performance. The number of units reported reflects the additional minimum number of units eligible to vest as a result of the crediting of restricted stock units in respect of dividend equivalent rights. The units remain subject to additional time-based vesting requirements.

Remarks:

Executive Vice President, Chief Leasing Officer