Christopher M. Robison - 31 Dec 2022 Form 4 Insider Report for KIMBALL INTERNATIONAL INC

Signature
Mark W. Johnson, Attorney-in-Fact and Agent
Issuer symbol
N/A
Transactions as of
31 Dec 2022
Net transactions value
-$26,538
Form type
4
Filing time
04 Jan 2023, 14:28:01 UTC
Previous filing
04 Nov 2022
Next filing
01 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBAL CLASS B COMMON STOCK Options Exercise $0 +8,819 +116% $0.000000 16,393 31 Dec 2022 Direct
transaction KBAL CLASS B COMMON STOCK Award $0 +1,098 +6.7% $0.000000 17,491 31 Dec 2022 Direct F1
transaction KBAL CLASS B COMMON STOCK Tax liability $26,538 -4,105 -23% $6.46 13,386 31 Dec 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 +8,819 $0.000000* 0 31 Dec 2022 CLASS B COMMON STOCK 8,819 Direct F3, F4
* 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.