Kristine L. Juster - Jun 30, 2022 Form 4 Insider Report for KIMBALL INTERNATIONAL INC (KBAL)

Signature
James Krodel, Attorney-in-Fact and Agent
Stock symbol
KBAL
Transactions as of
Jun 30, 2022
Transactions value $
-$36,378
Form type
4
Date filed
7/5/2022, 08:10 PM
Previous filing
Apr 4, 2022
Next filing
Jul 6, 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 +14.6K +8.44% $0.00 187K Jun 30, 2022 Direct F1
transaction KBAL CLASS B COMMON STOCK Award $0 +2.05K +1.1% $0.00 189K Jun 30, 2022 Direct F2
transaction KBAL CLASS B COMMON STOCK Tax liability -$36.4K -4.8K -2.53% $7.59 185K Jun 30, 2022 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 -14.6K -100% $0.00* 0 Jun 30, 2022 CLASS B COMMON STOCK 14.6K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 5,334.0692 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 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.