Wells Isabel S 4
4 · Kimball Electronics, Inc. · Filed Sep 3, 2024
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2024-08-29+2,622→ 5,859 total - Award
Common Stock
[F1]2024-08-29+5,218→ 11,077 total - Tax Payment
Common Stock
[F2]2024-08-29$18.58/sh−4,281$79,541→ 6,796 total - Exercise/Conversion
Restricted Shares
[F3]2024-08-29−2,622→ 3,997 totalExercise: $0.00→ Common Stock (2,622 underlying) - Award
Restricted Shares
[F6][F4][F5][F7]2024-08-29+7,171→ 11,168 totalExercise: $0.00→ Common Stock (7,171 underlying)
Footnotes (7)
- [F1]Reflects performance based shares granted pursuant to the Issuer's 2023 Equity 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, 2024.
- [F2]Shares withheld to satisfy tax obligations.
- [F3]Represents Restricted Shares granted in a prior year that vested on 8/29/2024 (2,622 shares).
- [F4]Represents Restricted Shares granted on 8/29/2024 that vest August 2025 (2,391 shares), August 2026 (2,390 shares), and August 2027 (2,390 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 2025 (5,013 shares), August 2026 (3,765 shares), and August 2027 (2,390 shares).
Signature
Kimberly E. Cooper, Attorney in Fact and Agent|2024-09-03