Elizabeth D. Phillips - Jul 16, 2024 Form 4 Insider Report for KEWAUNEE SCIENTIFIC CORP /DE/ (KEQU)

Signature
/s/ Donald T. Gardner, III, Attorney-in-fact
Stock symbol
KEQU
Transactions as of
Jul 16, 2024
Transactions value $
-$128,218
Form type
4
Date filed
7/16/2024, 03:01 PM
Previous filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEQU Common Stock Options Exercise $54.4K +3K +24.4% $18.14* 15.3K Jul 16, 2024 Direct F1
transaction KEQU Common Stock Options Exercise $50.9K +3K +19.61% $16.97* 18.3K Jul 16, 2024 Direct F1
transaction KEQU Common Stock Options Exercise $70.9K +3K +16.4% $23.62 21.3K Jul 16, 2024 Direct F1
transaction KEQU Common Stock Tax liability -$304K -5.85K -27.49% $52.00 15.4K Jul 16, 2024 Direct F1, 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 KEQU Option to Buy FY15 Options Exercise -3K -100% 0 Jul 16, 2024 Common Stock 3K $18.14 Direct F3
transaction KEQU Option to Buy FY16 Options Exercise -3K -100% 0 Jul 16, 2024 Common Stock 3K $16.97 Direct F3
transaction KEQU Option to Buy FY17 Options Exercise -3K -100% 0 Jul 16, 2024 Common Stock 3K $23.62 Direct F3
* 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 Also includes shares withheld by the company to discharge withholding tax obligations of the reporting person.
F3 Employee stock option granted under Employee Stock Option plan under Rule 16b-3.