Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KN | Common Stock | Award | $0 | +118K | +18.05% | $0.00 | 773K | Feb 20, 2024 | Direct | F1 |
transaction | KN | Common Stock | Award | $1.43M | +85.6K | +11.08% | $16.75 | 859K | Feb 20, 2024 | Direct | F2 |
transaction | KN | Common Stock | Tax liability | -$636K | -37.9K | -4.42% | $16.75 | 821K | Feb 20, 2024 | Direct | F3 |
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. |