SMITH KOURTNEY L 4
4 · KIMBALL INTERNATIONAL INC · Filed Jul 5, 2022
Insider Transaction Report
Form 4
SMITH KOURTNEY L
SUBSIDIARY PRESIDENT
Transactions
- Exercise/Conversion
CLASS B COMMON STOCK
2022-06-30+9,318→ 83,923 total - Tax Payment
CLASS B COMMON STOCK
2022-06-30$7.58/sh−3,063$23,233→ 82,172 total - Exercise/Conversion
RESTRICTED STOCK UNITS
2022-06-30−9,318→ 0 totalFrom: 2022-06-30→ CLASS B COMMON STOCK (9,318 underlying) - Tax Payment
CLASS B COMMON STOCK
2022-06-30$7.58/sh−882$6,690→ 84,352 total - Award
CLASS B COMMON STOCK
2022-06-30+1,312→ 85,235 total - Exercise/Conversion
CLASS B COMMON STOCK
2022-06-30+2,958→ 85,130 total - Award
CLASS B COMMON STOCK
2022-06-30+104→ 85,234 total - Exercise/Conversion
RESTRICTED STOCK UNITS
2022-06-30−2,958→ 8,868 totalFrom: 2022-06-30→ CLASS B COMMON STOCK (2,958 underlying)
Footnotes (5)
- [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]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.
- [F5]Represents Restricted Stock Units which vest on 6/30/23 (4,434 shares) and 6/30/24 (4,434 shares).