SHARGHI KOOROSH 4
4 · KIMBALL INTERNATIONAL INC · Filed Jul 2, 2020
Insider Transaction Report
Form 4
SHARGHI KOOROSH
VICE PRESIDENT
Transactions
- Exercise/Conversion
RESTRICTED STOCK UNITS
2020-06-30−6,225→ 12,011 total→ CLASS B COMMON STOCK (6,225 underlying) - Tax Payment
CLASS B COMMON STOCK
2020-06-30−1,561→ 5,950 total - Exercise/Conversion
CLASS B COMMON STOCK
2020-06-30+6,225→ 7,261 total - Award
CLASS B COMMON STOCK
2020-06-30+250→ 7,511 total
Footnotes (6)
- [F1]Represents shares of Class B Common Stock acquired pursuant to the Restricted Stock Unit Award Agreement between the reporting person and Kimball International Inc. (the "Company"), determined by dividing the accumulated phantom cash dividends credited to the restricted stock units by the closing sales price of one share of Class B Common Stock on the vest date.
- [F2]Represents shares withheld by the Company to satisfy tax withholding obligations on the vesting of the restricted stock units.
- [F3]The Restricted Stock Units convert on a one-for-one basis into shares of Class B Common Stock.
- [F4]Represents Restricted Stock Units granted in prior years and vest on 6/30/20 (6,225 shares).
- [F5]Expiration of Restricted Stock Units is dependent upon the terms of the employment agreement if the reporting person ceases employment for any reason other than death, retirement or total permanent disability.
- [F6]Represents Restricted Stock Units which vest on 6/30/21 (6,225 shares) and 6/30/22 (5,786 shares).