Batdorff Douglas J. 4
4 · KEWAUNEE SCIENTIFIC CORP /DE/ · Filed Jul 2, 2024
Insider Transaction Report
Form 4
Batdorff Douglas J.
VP of Manufacturing Operations
Transactions
- Exercise/Conversion
Common Stock
2024-06-30+4,195→ 10,362 total - Exercise/Conversion
Restricted Stock Units FY22
2024-06-30−1,689→ 0 total→ Common Stock (1,689 underlying) - Exercise/Conversion
Restricted Stock Units FY23
2024-06-30−1,972→ 1,972 total→ Common Stock (1,972 underlying) - Exercise/Conversion
Restricted Stock Units FY24
2024-06-30−534→ 4,808 total→ Common Stock (534 underlying) - Tax Payment
Common Stock
2024-07-01$44.86/sh−1,892$84,875→ 8,470 total
Footnotes (4)
- [F1]Restricted stock units convert to common stock on a one-for-one basis.
- [F2]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.
- [F3]On June 29, 2022, 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, 2023, subject to the reporting person's continued employment with the Company.
- [F4]On June 28, 2023, 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 30, 2024, 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 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.