NICHOLSON LONNIE P 4
4 · KIMBALL INTERNATIONAL INC · Filed Jul 2, 2021
Insider Transaction Report
Form 4
NICHOLSON LONNIE P
VICE PRESIDENT
Transactions
- Award
CLASS B COMMON STOCK
2021-06-30+652→ 95,755 total - Tax Payment
CLASS B COMMON STOCK
2021-06-30$13.04/sh−2,526$32,939→ 93,229 total - Exercise/Conversion
RESTRICTED STOCK UNITS
2021-06-30−8,251→ 16,846 total→ CLASS B COMMON STOCK (8,251 underlying) - Exercise/Conversion
CLASS B COMMON STOCK
2021-06-30+8,251→ 95,103 total
Holdings
- 2,004(indirect: By Spouse)
CLASS B COMMON STOCK
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 year and vest on 6/30/21 (8,251 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 6/30/22 (7,567 shares) and 6/30/23 (9,279 shares).