KILROY REALTY CORP 4
4 · KILROY REALTY CORP · Filed Jan 29, 2015
Insider Transaction Report
Form 4
KILROY REALTY CORPNYSE: KRC
Khouri Marcum David Eli
EVP and CIO
Transactions
- Award
Common stock, par value $0.01 per share
2015-01-27+1,991→ 23,802.381 total - Award
Restricted Stock Units
2015-01-27+12,201→ 17,443.298 total→ Common Stock (12,201 underlying)
Footnotes (3)
- [F1]Award of restricted stock units granted pursuant to Kilroy Realty 2006 Incentive Award Plan. Each restricted stock unit carries with it a right to receive dividend equivalents in respect of the share of stock underlying such restricted stock unit.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- [F3]The number of units reported reflects the minimum number of units eligible to vest based on the Issuer's funds from operations per share for 2014, subject to additional time-based vesting requirements. Up to approximately 143% of the number of units reported may ultimately vest after the three-year performance period ending December 31, 2016, with the actual number to be based on the Issuer's relative total shareholder return for each year in the performance period.