Jeffrey Niew - Feb 20, 2024 Form 4 Insider Report for Knowles Corp (KN)

Role
President & CEO, Director
Signature
By: Robyn B. Martin For: POA for Jeffrey S. Niew
Stock symbol
KN
Transactions as of
Feb 20, 2024
Transactions value $
$799,059
Form type
4
Date filed
2/22/2024, 05:02 PM
Previous filing
Feb 9, 2024
Next filing
Nov 7, 2024

Transactions Table

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
* 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.