PERNA ROBERT J - 31 Dec 2021 Form 4 Insider Report for Knowles Corp (KN)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KN	Common Stock	Gift	$0	-1,868	-5.7%	$0.000000	30,780	31 Dec 2021	Direct	F1
transaction	KN	Common Stock	Award	$0	+16,556	+54%	$0.000000	47,336	07 Feb 2022	Direct	F2
transaction	KN	Common Stock	Award	$247,127	+11,690	+25%	$21.14	59,026	07 Feb 2022	Direct	F3
transaction	KN	Common Stock	Tax liability	$114,219	-5,403	-9.2%	$21.14	53,623	07 Feb 2022	Direct	F4
transaction	KN	Common Stock	Gift	$0	+1,868	+100%	$0.000000	3,736	31 Dec 2021	by Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Reporting person transferred shares of Knowles common stock to a family trust of which reporting person is a trustee. The reporting person and members of his immediate family are the sole beneficiaries of the trust.
F2	Restricted Stock Units granted under the Knowles Corporation 2018 Equity and Cash Incentive Plan that vest ratably over three years commencing on the first anniversary of the award.
F3	Represents the settlement of performance share units (PSUs) that were previously granted under the Company's Equity Incentive Plan. The ultimate amount of shares to be received under the grant depended upon the achievement of performance goals during a three-year performance period from January 1, 2019 through December 31, 2021.
F4	These shares represent the payment of the tax liability by withholding securities incident to the settlement of performance share units granted on February 19, 2019 in accordance with Rule 16b-3.