MARK A. SCHOBER - 28 May 2021 Form 4 Insider Report for BLACK HILLS CORP /SD/ (BKH)

Role
Director
Signature
/s/Lorna J. Gunderman
Issuer symbol
BKH
Transactions as of
28 May 2021
Net transactions value
+$38,755
Form type
4
Filing time
01 Jun 2021, 17:11:14 UTC
Previous filing
07 May 2021
Next filing
09 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKH Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $2,562 +39 +0.86% $65.90 4,573 01 Jun 2021 Direct
transaction BKH Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $4,583 +70 +1.5% $65.90 4,643 01 Jun 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BKH Phantom Stock Unit Award $26,250 +399 +4.4% $65.79 9,487 28 May 2021 Common Stock 399 By Trust F1, F2, F3
transaction BKH Phantom Stock Unit Award $5,360 +81 +0.86% $65.90 9,568 01 Jun 2021 Common Stock 81 By Trust F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1 for 1 conversion ratio
F2 Derivative security is exercisable upon retirement under terms of the agreement.
F3 Derivative security expires upon retirement under terms of the agreement.