Michael J. Roch - Jun 30, 2022 Form 4 Insider Report for KIMBALL INTERNATIONAL INC (KBAL)

Signature
James M. Krodel, Attorney-in-Fact and Agent
Stock symbol
KBAL
Transactions as of
Jun 30, 2022
Transactions value $
-$20,730
Form type
4
Date filed
7/5/2022, 08:09 PM
Previous filing
Nov 23, 2021
Next filing
Jul 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBAL CLASS B COMMON STOCK Options Exercise $0 +3.58K +16.83% $0.00 24.9K Jun 30, 2022 Direct
transaction KBAL CLASS B COMMON STOCK Award $0 +505 +2.03% $0.00 25.4K Jun 30, 2022 Direct F1
transaction KBAL CLASS B COMMON STOCK Tax liability -$8.42K -1.11K -4.37% $7.59 24.3K Jun 30, 2022 Direct F2
transaction KBAL CLASS B COMMON STOCK Options Exercise $0 +983 +4.05% $0.00 25.3K Jun 30, 2022 Direct
transaction KBAL CLASS B COMMON STOCK Award $0 +92 +0.36% $0.00 25.4K Jun 30, 2022 Direct F1
transaction KBAL CLASS B COMMON STOCK Tax liability -$2.21K -292 -1.15% $7.59 25.1K Jun 30, 2022 Direct F2
transaction KBAL CLASS B COMMON STOCK Options Exercise $0 +4.74K +18.91% $0.00 29.8K Jun 30, 2022 Direct
transaction KBAL CLASS B COMMON STOCK Award $0 +166 +0.56% $0.00 30K Jun 30, 2022 Direct F1
transaction KBAL CLASS B COMMON STOCK Tax liability -$10.1K -1.33K -4.44% $7.59 28.6K Jun 30, 2022 Direct F2

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 -3.58K -100% $0.00* 0 Jun 30, 2022 CLASS B COMMON STOCK 3.58K Direct F3, F4
transaction KBAL RESTRICTED STOCK UNITS Options Exercise $0 -983 -13% $0.00 6.58K Jun 30, 2022 CLASS B COMMON STOCK 983 Direct F3, F4, F5
transaction KBAL RESTRICTED STOCK UNITS Options Exercise $0 -4.74K -25.01% $0.00 14.2K Jun 30, 2022 CLASS B COMMON STOCK 4.74K Direct F3, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Represents shares withheld by the Company to satisfy tax withholding obligations on the vesting of the restricted stock units.
F3 The Restricted Stock Units convert on a one-for-one basis into shares of Class B Common Stock.
F4 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.
F5 Represents Restricted Stock Units which vest on 6/30/23 (6,581 shares).
F6 Represents Restricted Stock Units which vest on 6/30/23 (7,105 shares) and 6/30/24 (7,105 shares).