Wells Isabel S 4
4 · Kimball Electronics, Inc. · Filed Aug 31, 2023
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2023-08-29+3,374→ 5,709 total - Tax Payment
Common Stock
2023-08-29$29.20/sh−2,472$72,170→ 3,237 total - Exercise/Conversion
Restricted Shares
2023-08-29−1,247→ 2,494 totalExercise: $0.00→ Common Stock (1,247 underlying) - Award
Restricted Shares
2023-08-29+4,125→ 6,619 totalExercise: $0.00→ Common Stock (4,125 underlying) - Exercise/Conversion
Common Stock
2023-08-29+1,247→ 2,335 total
Footnotes (7)
- [F1]Reflects performance based shares granted pursuant to the Issuer's 2014 Stock Option and Incentive Plan upon the achievement of certain performance criteria certified by the Talent, Culture, and Compensation Committee of the Board of Directors of the Issuer on August 29, 2023.
- [F2]Shares withheld to satisfy tax obligations.
- [F3]Represents Restricted Shares granted in prior years that vested on 8/29/2023 (1,247 shares).
- [F4]Represents Restricted Shares granted on 8/29/2023 that vest August 2024 (1,375 shares), August 2025 (1,375 shares), and August 2026 (1,375 shares).
- [F5]The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement.
- [F6]Not Applicable.
- [F7]Represents cumulative Restricted Shares that vest August 2024 (2,622 shares), August 2025 (2,622 shares), and August 2026 (1,375 shares).