DeLorenzo Jessica L 4
4 · Kimball Electronics, Inc. · Filed Aug 31, 2023
Insider Transaction Report
Form 4
DeLorenzo Jessica L
Chief Human Resources Officer
Transactions
- Award
Common Stock
2023-08-29+6,895→ 21,064 total - Tax Payment
Common Stock
2023-08-29$29.20/sh−3,494$102,007→ 17,570 total - Award
Restricted Shares
2023-08-29+4,125→ 6,328 totalExercise: $0.00→ Common Stock (4,125 underlying) - Exercise/Conversion
Common Stock
2023-08-29+1,101→ 14,169 total - Exercise/Conversion
Restricted Shares
2023-08-29−1,101→ 2,203 totalExercise: $0.00→ Common Stock (1,101 underlying)
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 (1,101 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 (2,476 shares), August 2025 (2,477 shares), and August 2026 (1,375 shares).