Daniel Giesecke - Feb 6, 2023 Form 4 Insider Report for Knowles Corp (KN)

Role
Senior Vice President & COO
Signature
By: Robyn B. Martin For: POA for Daniel J. Giesecke
Stock symbol
KN
Transactions as of
Feb 6, 2023
Transactions value $
$60,562
Form type
4
Date filed
2/8/2023, 05:47 PM
Previous filing
Jan 20, 2023
Next filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KN Common Stock Award $204K +10.7K +10.9% $19.09 109K Feb 6, 2023 Direct F1
transaction KN Common Stock Award $0 +21K +19.23% $0.00 130K Feb 6, 2023 Direct F2
transaction KN Common Stock Tax liability -$90.6K -4.75K -3.65% $19.09 125K Feb 6, 2023 Direct F3
transaction KN Common Stock Tax liability -$53.3K -2.8K -2.23% $19.08 122K Feb 7, 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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, 2020 through December 31, 2022.
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 These shares represent the payment of the tax liability by withholding securities incident to the settlement of performance share units granted on February 10, 2020 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 7, 2022 in accordance with Rule 16b-3.