Ryan Lisa L. 4
4 · KEWAUNEE SCIENTIFIC CORP /DE/ · Filed Jun 25, 2020
Insider Transaction Report
Form 4
Ryan Lisa L.
VP-Construction/Cust. Servs.
Transactions
- Award
Restricted Stock Units FY21
2020-06-23+6,383→ 6,383 total→ Common Stock (6,383 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- [F2]On June 23, 2020, the reporting person was granted restricted stock units that vest as follows: (a) 40% 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 on June 23, 2021, subject to the reporting person's continued employment with the Company, and (b) 60% 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.