Elizabeth D. Phillips - 22 Aug 2022 Form 4 Insider Report for KEWAUNEE SCIENTIFIC CORP /DE/ (KEQU)

Signature
/s/ Donald T. Gardner III, Attorney-in-fact
Issuer symbol
KEQU
Transactions as of
22 Aug 2022
Net transactions value
+$4.6
Form type
4
Filing time
23 Aug 2022, 14:27:26 UTC
Previous filing
01 Jul 2022
Next filing
27 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEQU Common Stock Options Exercise $26,505 +2,250 +25% $11.78 11,173 22 Aug 2022 Direct F1
transaction KEQU Common Stock Tax liability $26,500 -1,366 -12% $19.40 9,807 22 Aug 2022 Direct

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 KEQU Option to Buy FY13 Options Exercise $0 -2,250 -100% $0.000000* 0 22 Aug 2022 Common Stock 2,250 $11.78 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consideration for the exercise of the underlying option to buy was paid through a "net exercise" by directing the company to retain as payment for the total exercise cost a sufficient number of shares of Common Stock that would have been otherwise received upon exercise as reported below on this Form 4 report.
F2 Employee stock option granted under Employee Stock Option plan under Rule 16b-3.