Jeffrey Niew - Feb 7, 2022 Form 4 Insider Report for Knowles Corp (KN)

Role
President & CEO, Director
Signature
By: Robyn Martin For: Jeffrey Niew
Stock symbol
KN
Transactions as of
Feb 7, 2022
Transactions value $
$469,707
Form type
4
Date filed
2/9/2022, 05:53 PM
Previous filing
Jan 5, 2022
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KN Common Stock Award $0 +78.8K +18.74% $0.00 499K Feb 7, 2022 Direct F1
transaction KN Common Stock Award $1.3M +61.4K +12.31% $21.14 561K Feb 7, 2022 Direct F2
transaction KN Common Stock Tax liability -$575K -27.2K -4.85% $21.14 533K Feb 7, 2022 Direct F3
transaction KN Common Stock Tax liability -$254K -11.9K -2.24% $21.25 521K Feb 8, 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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.
F4 These shares represent the payment of the tax liability by withholding securities incident to the vesting of a restricted stock grant issued on February 8, 2021 in accordance with Rule 16b-3.