Robert Lynch - 31 Mar 2023 Form 4 Insider Report for Kontoor Brands, Inc. (KTB)

Role: Director
Signature: /s/ Thomas L. Doerr, Jr. for Robert Lynch (Pursuant to Signing Authority on File)
Issuer symbol: KTB
Transactions as of: 31 Mar 2023
Net transactions value: +$21,250
Form type: 4
Filing time: 04 Apr 2023, 16:18:25 UTC
Previous filing: 03 Mar 2023
Next filing: 03 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KTB	Common Stock	Award	$0	+3,282	+46%	$0.000000	10,483	01 Apr 2023	Direct	F1

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	KTB	Phantom Stock-d	Award	$21,250	+443	+12%	$47.98	4,097	31 Mar 2023	Common Stock	443		Direct	F2, F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Common stock includes restricted stock units.
F2	Represents phantom stock units ("PSUs") accrued under the Kontoor Brands Deferred Savings Plan For Non-Employee Directors Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (average of the high and low selling prices) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends.
F3	1 for 1.
F4	There is no date that should appear in these columns. These columns are not applicable to this particular filing.
F5	Each PSU was acquired at the election of the Director by deferring $47.98 of fees per PSU.