Kontoor Brands, Inc. Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION	6 Months Ended
STOCK-BASED COMPENSATION	Jun. 27, 2020
Share-based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION During the three months ended June 2020, the Company granted equity awards under the Kontoor Brands, Inc. 2019 Stock Compensation Plan, including performance-based restricted stock units ("PRSUs”) and time-based restricted stock units ("RSUs") for approximately 530,000 shares to employees and RSUs for approximately 30,000 shares to nonemployee members of the Board of Directors. The fair market value of Kontoor Common Stock at the date all of the awards were granted was $15.51 per share. Each PRSU entitles the employee to receive a potential final payout ranging from zero to two shares of Kontoor Common Stock at the end of a three-year performance period. The number of shares earned by participants, if any, is based on achievement of annually established performance goals set by the Talent and Compensation Committee of the Board of Directors. Shares earned related to the 2020 grants will be issued to participants following the conclusion of the three-year performance period. Each RSU entitles the employee to one share of Kontoor Common Stock and generally vests over a three-year period. Each RSU granted to nonemployee members of the Board of Directors vests upon grant and will be settled in one share of Kontoor Common Stock one year from the date of grant.