Teresa Taylor - May 28, 2021 Form 4 Insider Report for BLACK HILLS CORP /SD/ (BKH)

Role
Director
Signature
/s/Lorna J. Gunderman
Stock symbol
BKH
Transactions as of
May 28, 2021
Transactions value $
$31,919
Form type
4
Date filed
6/1/2021, 05:16 PM
Next filing
Jun 4, 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 $1.3K +19.7 +0.86% $65.90 2.32K Jun 1, 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 $26.2K +399 +5.44% $65.79 7.73K May 28, 2021 Common Stock 399 By Trust F1, F2, F3
transaction BKH Phantom Stock Unit Award $4.37K +66.3 +0.86% $65.90 7.8K Jun 1, 2021 Common Stock 66.3 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.