Ryan Lisa L. 4
4 · KEWAUNEE SCIENTIFIC CORP /DE/ · Filed Jun 29, 2021
Insider Transaction Report
Form 4
Ryan Lisa L.
VP-Construction/Cust. Servs.
Transactions
- Tax Payment
Common Stock
2021-06-28$14.70/sh−47$691→ 1,398 total - Exercise/Conversion
Restricted Stock Units
2021-06-28−160→ 0 total→ Common Stock (160 underlying) - Exercise/Conversion
Common Stock
2021-06-28+160→ 1,445 total
Footnotes (3)
- [F1]Restricted stock units convert to common stock on a one-for-one basis.
- [F2]On June 27, 2018 and on August 29, 2018, 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 on June 27, 2019, 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.
- [F3]The performance-based restricted stock units subject to the award expired on June 28, 2021 as a result of the Company's failure to achieve the applicable performance goals over the three-year period.