John B. Vering - Mar 1, 2022 Form 4 Insider Report for BLACK HILLS CORP /SD/ (BKH)

Role
Director
Signature
/s/Lorna J. Gunderman
Stock symbol
BKH
Transactions as of
Mar 1, 2022
Transactions value $
$40,015
Form type
4
Date filed
6/3/2022, 02:26 PM
Previous filing
Jan 5, 2022
Next filing
May 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKH Common Stock Conversion of derivative security +34K +293.51% 45.6K Jun 1, 2022 Direct F1

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 $19.9K +293 +0.88% $67.98 33.8K Mar 1, 2022 Common Stock 293 By Trust F2, F3, F4
transaction BKH Phantom Stock Unit Award $20.1K +263 +0.78% $76.43 34K Jun 1, 2022 Common Stock 263 By Trust F2, F3, F4
transaction BKH Phantom Stock Unit Conversion of derivative security -34K -100% 0 Jun 1, 2022 Common Stock 34K By Trust F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John B. Vering is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The reporting person converted phantom stock units to common stock on a one-for-one basis upon retirement
F2 1 for 1 conversion ratio
F3 Derivative security is exercisable upon retirement under terms of the agreement.
F4 Derivative security expires upon retirement under terms of the agreement.
F5 Derivative shares converted to common stock upon retirement