0001944048-23-000024.txt : 20230825
0001944048-23-000024.hdr.sgml : 20230825
20230825174017
ACCESSION NUMBER: 0001944048-23-000024
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230823
FILED AS OF DATE: 20230825
DATE AS OF CHANGE: 20230825
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Alvarado Luani
CENTRAL INDEX KEY: 0001967089
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41697
FILM NUMBER: 231209502
MAIL ADDRESS:
STREET 1: 199 GRANDVIEW ROAD
CITY: SKILLMAN
STATE: NJ
ZIP: 08558
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Kenvue Inc.
CENTRAL INDEX KEY: 0001944048
STANDARD INDUSTRIAL CLASSIFICATION: PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
IRS NUMBER: 881032011
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 199 GRANDVIEW ROAD
CITY: SKILLMAN
STATE: NJ
ZIP: 08558
BUSINESS PHONE: 908-874-1200
MAIL ADDRESS:
STREET 1: 199 GRANDVIEW ROAD
CITY: SKILLMAN
STATE: NJ
ZIP: 08558
FORMER COMPANY:
FORMER CONFORMED NAME: JNTL, Inc.
DATE OF NAME CHANGE: 20220825
4
1
wk-form4_1692999605.xml
FORM 4
X0508
4
2023-08-23
0
0001944048
Kenvue Inc.
KVUE
0001967089
Alvarado Luani
199 GRANDVIEW ROAD
SKILLMAN
NJ
08558
0
1
0
0
Chief People Officer
0
Restricted Stock Units
2023-08-23
4
A
0
5482
0
A
Common Stock
5482
5482
D
Restricted Stock Units
2023-08-23
4
A
0
4860
0
A
Common Stock
4860
4860
D
Restricted Stock Units
2023-08-23
4
A
0
4793
0
A
Common Stock
4793
4793
D
Restricted Stock Units
2023-08-23
4
A
0
14120
0
A
Common Stock
14120
14120
D
Restricted Stock Units
2023-08-23
4
A
0
12149
0
A
Common Stock
12149
12149
D
Restricted Stock Units
2023-08-23
4
A
0
15298
0
A
Common Stock
15298
15298
D
Stock Options
21.97
2023-08-23
4
A
0
45375
0
A
2033-02-13
Common Stock
45375
45375
D
Stock Options
22.40
2023-08-23
4
A
0
48005
0
A
2032-02-14
Common Stock
48005
48005
D
Stock Options
22.23
2023-08-23
4
A
0
52627
0
A
2031-02-08
Common Stock
52627
52627
D
Stock Options
20.44
2023-08-23
4
A
0
89372
0
A
2030-02-10
Common Stock
89372
89372
D
Stock Options
17.82
2023-08-23
4
A
0
48056
0
A
2029-02-11
Common Stock
48056
48056
D
Stock Options
17.49
2023-08-23
4
A
0
48523
0
A
2028-02-11
Common Stock
48523
48523
D
Stock Options
15.62
2023-08-23
4
A
0
60650
0
A
2027-02-13
Common Stock
60650
60650
D
Stock Options
13.76
2023-08-23
4
A
0
85534
0
A
2026-02-08
Common Stock
85534
85534
D
These restricted share units ("RSUs") were originally granted by Johnson & Johnson and, in connection with the Issuer's separation from Johnson & Johnson on August 23, 20223 ("the Separation") and pursuant to the terms of the Employee Matters Agreement, dated as of May 3, 2023 between Johnson & Johnson and the Issuer (the "Employee Matters Agreement"), were converted into RSUs with respect to Issuer common stock with adjustments made to the number of shares subject to the award in order to preserve the award's value.
This award vests in three equal installments on 02/13/2024, 02/13/2025, and 02/13/2026, subject to the reporting person's continued service through the vesting date.
This award will vest in full on 02/14/2025, subject to the reporting person's continued service through the vesting date.
This award will vest in full on 02/08/2024, subject to the reporting person's continued service through the vesting date.
These RSUs were originally granted by Johnson & Johnson as performance share units and, in connection with the Separation and pursuant to the terms of the Employee Matters Agreement, were converted into time-based RSUs with respect to Issuer common stock with adjustments made to the number of shares subject to the award in order to preserve the award's value and with performance criteria deemed satisfied at the target level, unless two years have been completed in the performance period, in which case performance was deemed satisfied at the level of performance for such years.
This award will vest in full on 02/13/2026, subject to the reporting person's continued service through the vesting date.
These stock options were originally granted by Johnson & Johnson and, in connection with the Separation and pursuant to the terms of the Employee Matters Agreement, were converted into options with respect to Issuer common stock with adjustments made to the number of shares subject to the award and its exercise price in order to preserve the award's value.
This award is fully vested.
/s/ Alla Berenshteyn, as attorney-in-fact
2023-08-25