Donald D. Charron - Aug 19, 2022 Form 4 Insider Report for Kimball Electronics, Inc. (KE)

Role
CHAIRMAN AND CEO, Director
Signature
Kimberly E. Cooper, Attorney in Fact and Agent
Stock symbol
KE
Transactions as of
Aug 19, 2022
Transactions value $
-$559,562
Form type
4
Date filed
8/23/2022, 06:06 PM
Previous filing
Aug 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KE Common Stock Award $0 +54.5K +13.24% $0.00 466K Aug 19, 2022 Direct F1
transaction KE Common Stock Tax liability -$560K -23.9K -5.12% $23.45 443K Aug 19, 2022 Direct F2
holding KE Common Stock 85.4K Aug 19, 2022 Retirement Fund

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
holding KE Restricted Shares 15.9K Aug 19, 2022 Common Stock 15.9K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects performance based shares issued pursuant to the Issuer's 2014 Stock Option and Incentive Plan upon the achievement of certain performance criteria certified by the Compensation and Governance Committee of the Board of Directors of the Issuer for fiscal year 2022.
F2 Shares withheld to satisfy tax obligations.
F3 Represents Restricted Shares that vest in August 2023 (5,294 shares), August 2024 (5,294 shares), and August 2025 (5,295 shares).
F4 The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement.