Ryan Lisa L. 4
4 · KEWAUNEE SCIENTIFIC CORP /DE/ · Filed Jun 24, 2021
Insider Transaction Report
Form 4
Ryan Lisa L.
VP-Construction/Cust. Servs.
Transactions
- Exercise/Conversion
Restricted Stock Units FY21
2021-06-23−851→ 5,532 total→ Common Stock (851 underlying) - Award
Restricted Stock Units FY22
2021-06-23+2,912→ 2,912 total→ Common Stock (2,912 underlying) - Tax Payment
Common Stock
2021-06-23$13.74/sh−245$3,366→ 1,285 total - Exercise/Conversion
Common Stock
2021-06-23+851→ 1,530 total
Footnotes (3)
- [F1]Restricted stock units convert to common stock on a one-for-one basis.
- [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.
- [F3]On June 23, 2021, the reporting person was granted restricted stock units that vest as follows: (a) 100% 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 30, 2022, subject to the reporting person's continued employment with the Company.