Poa Daniel Giesecke - 20 Feb 2024 Form 4 Insider Report for Knowles Corp (KN)

Signature
By: Robyn B. Martin For: POA for Daniel Giesecke
Issuer symbol
KN
Transactions as of
20 Feb 2024
Net transactions value
+$157,065
Form type
4
Filing time
22 Feb 2024, 17:01:18 UTC
Previous filing
09 Feb 2024
Next filing
07 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KN Common Stock Award $0 +26,866 +25% $0.000000 135,597 20 Feb 2024 Direct F1
transaction KN Common Stock Award $281,986 +16,835 +12% $16.75 152,432 20 Feb 2024 Direct F2
transaction KN Common Stock Tax liability $124,922 -7,458 -4.9% $16.75 144,974 20 Feb 2024 Direct F3
* 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, 2021 through December 31, 2023.
F3 These shares represent the payment of the tax liability by withholding securities incident to the settlement of performance share units granted on February 8, 2021 in accordance with Rule 16b-3.