Kristine L. Juster - 30 Jun 2021 Form 4 Insider Report for KIMBALL INTERNATIONAL INC

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: James M. Krodel, Attorney-in-Fact and Agent
Issuer symbol: N/A
Transactions as of: 30 Jun 2021
Net transactions value: -$501,649
Form type: 4
Filing time: 02 Jul 2021, 14:22:59 UTC
Next filing: 02 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KBAL	CLASS B COMMON STOCK	Options Exercise	$0	+106,318	+116%	$0.000000	198,211	30 Jun 2021	Direct	F1
transaction	KBAL	CLASS B COMMON STOCK	Award	$0	+7,761	+3.9%	$0.000000	205,972	30 Jun 2021	Direct	F2
transaction	KBAL	CLASS B COMMON STOCK	Tax liability	$501,649	-38,470	-19%	$13.04	167,502	30 Jun 2021	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KBAL	RESTRICTED STOCK UNITS	Options Exercise	$0	-106,318	-70%	$0.000000	44,567	30 Jun 2021	CLASS B COMMON STOCK	106,318		Direct	F4, F5, F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 1,941.257 shares acquired under the Kimball International Dividend Reinvestment Plan.
F2	Represents shares of Class B Common Stock acquired pursuant to the Restricted Stock Unit Award Agreement between the reporting person and Kimball International Inc. (the "Company"), determined by dividing the accumulated phantom cash dividends credited to the restricted stock units by the closing sales price of one share of Class B Common Stock on the vest date.
F3	Represents shares withheld by the Company to satisfy tax withholding obligations on the vesting of the restricted stock units.
F4	The Restricted Stock Units convert on a one-for-one basis into shares of Class B Common Stock.
F5	Represents Restricted Stock Units granted in prior years and vest on 6/30/21 (106,318 shares).
F6	Expiration of Restricted Stock Units is dependent upon the terms of the employment agreement if the reporting person ceases employment for any reason other than death, retirement or total permanent disability.
F7	Represents Restricted Stock Units which vest on 6/30/22 (14,585 shares) and 6/30/23 (29,982 shares).