SCHROEDER MICHELLE RENE 4
4 · KIMBALL INTERNATIONAL INC · Filed Jul 11, 2019
Insider Transaction Report
Form 4
SCHROEDER MICHELLE RENE
VP, CORPORATE CONTROLLER
Transactions
- Award
RESTRICTED STOCK UNITS
2019-07-09+6,025→ 18,563 total→ CLASS B COMMON STOCK (6,025 underlying) - Award
CLASS B COMMON STOCK
2019-07-09+9,196→ 104,071 total - Tax Payment
CLASS B COMMON STOCK
2019-07-09$17.23/sh−2,629$45,298→ 101,442 total
Footnotes (6)
- [F1]On 7/1/16, the reporting person was granted performance units representing the right to receive 4,598 shares of common stock at the target level of performance and up to 9,196 shares of common stock at the maximum level of performance, with the number of shares earned to be determined based on the Company's total return during the performance cycle ending on 6/30/19. As determined on 7/9/19, the reporting person earned 9,196 shares of common stock pursuant to this award.
- [F2]The Restricted Stock Units convert on a one-for-one basis into shares of Class B Common Stock.
- [F3]Represents Restricted Stock Units granted on 7/9/19 and vest on 6/30/22 (6,025 shares).
- [F4]The Restricted Stock Units expire if the reporting person ceases employment for any reason other than death, retirement or total permanent disability.
- [F5]Not Applicable.
- [F6]Represents Restricted Stock Units which vest on 6/30/20 (6,255 shares), 6/30/21 (6,283 shares) and 6/30/22 (6,025 shares).