John B. Vering - 01 Mar 2022 Form 4 Insider Report for BLACK HILLS CORP /SD/ (BKH)

Role
Director
Signature
/s/Lorna J. Gunderman
Issuer symbol
BKH
Transactions as of
01 Mar 2022
Net transactions value
+$40,015
Form type
4
Filing time
03 Jun 2022, 14:26:08 UTC
Previous filing
05 Jan 2022
Next filing
03 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKH Common Stock Conversion of derivative security +34,035 +294% 45,631 01 Jun 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 $19,920 +293 +0.88% $67.98 33,772 01 Mar 2022 Common Stock 293 By Trust F2, F3, F4
transaction BKH Phantom Stock Unit Award $20,094 +263 +0.78% $76.43 34,035 01 Jun 2022 Common Stock 263 By Trust F2, F3, F4
transaction BKH Phantom Stock Unit Conversion of derivative security -34,035 -100% 0 01 Jun 2022 Common Stock 34,035 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