4//SEC Filing
CONNOLLY PATRICK E 4
Accession 0000055772-23-000126
CIK 0000055772other
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 2:09 PM ET
Size
16.4 KB
Accession
0000055772-23-000126
Insider Transaction Report
Form 4
CONNOLLY PATRICK E
Director
Transactions
- Disposition to Issuer
CLASS B COMMON STOCK
2023-06-01−65,160→ 0 total
Footnotes (2)
- [F1]On June 1, 2023, pursuant to the Agreement and Plan of Merger, dated as of March 7, 2023 (the "Merger Agreement"), by and among Kimball International, Inc. ("Kimball"), HNI Corporation ("HNI") and Ozark Merger Sub, Inc. ("Merger Sub"), Merger Sub merged with and into Kimball (the "Merger"), with Kimball surviving the Merger as a wholly-owned subsidiary of HNI.
- [F2]Pursuant to the Merger Agreement, each share of Kimball common stock issued and outstanding immediately prior to the effective time of the Merger was converted into the right to receive (A) $9.00 in cash, without interest (the "Cash Consideration"), and (B) 0.1301 (the "Exchange Ratio") of a share of HNI common stock, par value $1.00. On May 31, 2023 (the last full trading day prior to the Merger), the closing price of one share of HNI common stock was $25.50.
Issuer
KIMBALL INTERNATIONAL INC
CIK 0000055772
Entity typeother
Related Parties
1- filerCIK 0001616695
Filing Metadata
- Form type
- 4
- Filed
- May 31, 8:00 PM ET
- Accepted
- Jun 1, 2:09 PM ET
- Size
- 16.4 KB