Ryan Lisa L. 4
4 · KEWAUNEE SCIENTIFIC CORP /DE/ · Filed Jun 22, 2020
Insider Transaction Report
Form 4
Ryan Lisa L.
VP-Construction/Cust. Servs.
Transactions
- Tax Payment
Common Stock
2020-06-19$9.67/sh−90$870→ 362 total - Exercise/Conversion
Common Stock
2020-06-19+291→ 452 total - Exercise/Conversion
Restricted Stock Units
2020-06-19−291→ 2,619 total→ Common Stock (291 underlying)
Footnotes (2)
- [F1]Restricted stock units convert to common stock on a one-for-one basis.
- [F2]On June 19, 2019, the reporting person was granted restricted stock units that vest as follows: (a) 30% of the number of restricted stock units subject to the award consist of service-based restricted stock units that vest in three equal annual installments beginning June 19, 2020, subject to the reporting person's continued employment with the Company; and (b) 70% of the number of restricted stock units subject to the award consist of performance-based restricted stock units that will vest only if performance goals are achieved over a three-year period. The actual number of units (if any) received under this award will depend on continued employment and actual performance over the three-year performance period.