4//SEC Filing
SIGLER KATHERINE S 4
Accession 0000055772-22-000026
CIK 0000055772other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 3:13 PM ET
Size
14.6 KB
Accession
0000055772-22-000026
Insider Transaction Report
Form 4
SIGLER KATHERINE S
VICE PRESIDENT
Transactions
- Exercise/Conversion
CLASS B COMMON STOCK
2022-03-31+12,609→ 47,912 total - Exercise/Conversion
RESTRICTED STOCK UNITS
2022-03-31−12,609→ 0 total→ CLASS B COMMON STOCK (12,609 underlying) - Award
CLASS B COMMON STOCK
2022-03-31+1,135→ 49,047 total - Tax Payment
CLASS B COMMON STOCK
2022-03-31$8.56/sh−4,419$37,827→ 44,628 total
Footnotes (4)
- [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]On 7/9/19, RSUs for 7,053 shares were granted by the Company to the reporting person (the "2019 RSUs"), on 7/31/20, RSUs for 7,302 shares were granted by the Company to the reporting person (the "2020 RSUs") and on 7/12/2021, RSUs for 7,540 shares were granted by the Company to the reporting person (the "2021 RSUs"). On 3/31/2022, the effective date of the reporting person's retirement from the Company, in accordance with the terms of the Executive Employment Agreement dated 5/7/18 between the Company and the reporting person (the "Agreement"), the 2019 RSUs, 2020 RSUs and the 2021 RSUs vested on a pro-rata basis, resulting in the vesting of 6,465 of the 2019 RSUs, 4,259 of the 2020 RSUs and 1,885 of the 2021 RSUs and the forfeiture of 588 of the 2019 RSUs, 3,043 of the 2020 RSUs and 5,655 of the 2021 RSUs.
Issuer
KIMBALL INTERNATIONAL INC
CIK 0000055772
Entity typeother
Related Parties
1- filerCIK 0001729270
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 3:13 PM ET
- Size
- 14.6 KB