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

Role
VP - Human Resources
Signature
/s/ Donald T. Gardner III, Attorney-in-fact
Stock symbol
KEQU
Transactions as of
Aug 22, 2022
Transactions value $
$5
Form type
4
Date filed
8/23/2022, 02:27 PM
Previous filing
Jul 1, 2022
Next filing
Jun 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEQU Common Stock Options Exercise $26.5K +2.25K +25.22% $11.78 11.2K Aug 22, 2022 Direct F1
transaction KEQU Common Stock Tax liability -$26.5K -1.37K -12.23% $19.40 9.81K Aug 22, 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 -2.25K -100% $0.00* 0 Aug 22, 2022 Common Stock 2.25K $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.