Lonnie P. Nicholson - Jul 12, 2021 Form 4 Insider Report for KIMBALL INTERNATIONAL INC (KBAL)

Role
EVP, CHIEF HUMAN RESOURCE OFCR
Signature
Michelle R. Schroeder, Attorney-in-Fact and Agent
Stock symbol
KBAL
Transactions as of
Jul 12, 2021
Transactions value $
-$2,756
Form type
4
Date filed
7/14/2021, 02:21 PM
Previous filing
Jul 2, 2021
Next filing
Jul 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBAL CLASS B COMMON STOCK Award $0 +754 +0.81% $0.00 94K Jul 12, 2021 Direct F1
transaction KBAL CLASS B COMMON STOCK Tax liability -$2.76K -211 -0.22% $13.06 93.8K Jul 12, 2021 Direct F2
holding KBAL CLASS B COMMON STOCK 2K Jul 12, 2021 SPOUSE

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 Award $0 +9.78K +58.03% $0.00 26.6K Jul 12, 2021 CLASS B COMMON STOCK 9.78K Direct F3, F4, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 0n 7/2/18, the reporting person was granted performance units representing the right to receive 1,480 shares of common stock at the target level of performance and up to 2,960 shares of common stock at the maximum level of performance, with the number of shares earned to be determined based on the Company's total return during the performance cycle ending on 6/30/21. As determined on 7/12/21, the reporting person earned 754 shares of common stock pursuant to this award.
F2 Represents shares withheld by the Company to satisfy tax withholding obligations.
F3 The Restricted Stock Units convert on a one-for-one basis into shares of Class B Common Stock.
F4 Represents Restricted Stock Units granted on 7/12/21 and vest on 6/30/24 (9,775 shares).
F5 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.
F6 Not Applicable.
F7 Represents Restricted Stock Units which vest on 6/30/22 (7,567 shares), 6/30/23 (9,279 shares) and 6/30/24 (9,775 shares).