4//SEC Filing
SCHNEIDER ROBERT F 4
Accession 0001047390-18-000010
CIK 0000055772other
Filed
Nov 1, 8:00 PM ET
Accepted
Nov 2, 4:31 PM ET
Size
15.8 KB
Accession
0001047390-18-000010
Insider Transaction Report
Form 4
SCHNEIDER ROBERT F
EXECUTIVE VICE PRESIDENT
Transactions
- Award
CLASS B COMMON STOCK
2018-10-31+887→ 348,124 total - Exercise/Conversion
RESTRICTED STOCK UNITS
2018-10-31−26,397→ 33,265 total→ CLASS B COMMON STOCK (26,397 underlying) - Exercise/Conversion
CLASS B COMMON STOCK
2018-10-31+26,397→ 347,237 total - Tax Payment
CLASS B COMMON STOCK
2018-10-31−11,892→ 336,232 total
Holdings
- 1,000(indirect: By Spouse)
CLASS B COMMON STOCK
Footnotes (5)
- [F1]Represents shares of Class B Common Stock acquired pursuant to the Restricted Stock Unit Award Agreements between the reporting person and Kimball International Inc. (the "Company"), determined by dividing the accumulated phantom cash dividends credited to the restricted stock units ("RSUs") 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 RSUs.
- [F3]The RSUs convert on a one-for-one basis into shares of Class B Common Stock.
- [F4]On 7/1/16, RSUs for 27,297 shares were granted by the Company to the reporting person (the "2016 RSUs"), and on 7/6/17, RSUs for 11,624 shares were granted by the Company to the reporting person (the "2017 RSUs"). On the 10/31/18 effective date of the reporting person's retirement from the Company, in accordance with the terms of the Amendment to Executive's Terms of Employment dated 5/7/18 between the Company and the reporting person (the "Amendment"), the 2016 RSUs and the 2017 RSUs vested on a pro-rata basis, resulting in the vesting of 21,231 of the 2016 RSUs and 5,166 of the 2017 RSUs and the forfeiture of 6,066 of the 2016 RSUs and 6,458 of the 2017 RSUs.
- [F5]Represents RSUs which vest on 6/30/19 (17,301 shares) and on 6/30/20 (15,964 shares). These RSUs were granted on 5/7/18, subject in each case to the reporting person's fulfillment of all of his obligations pursuant to the terms of the Executive Employment Agreement dated 6/26/15 between the Company and the reporting person and the Amendment.
Issuer
KIMBALL INTERNATIONAL INC
CIK 0000055772
Entity typeother
Related Parties
1- filerCIK 0001047390
Filing Metadata
- Form type
- 4
- Filed
- Nov 1, 8:00 PM ET
- Accepted
- Nov 2, 4:31 PM ET
- Size
- 15.8 KB