Steven T. Korn - Aug 19, 2022 Form 4 Insider Report for Kimball Electronics, Inc. (KE)

Role
President, Global EMS Ops.
Signature
Kimberly E. Cooper, Attorney in Fact and Agent
Stock symbol
KE
Transactions as of
Aug 19, 2022
Transactions value $
-$135,559
Form type
4
Date filed
8/23/2022, 06:52 PM
Previous filing
Sep 16, 2021
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KE Common Stock Award $0 +13.2K +17.07% $0.00 90.6K Aug 19, 2022 Direct F1
transaction KE Common Stock Tax liability -$136K -5.78K -6.38% $23.45 84.9K Aug 19, 2022 Direct F2
holding KE Common Stock 17K 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 5.09K Aug 19, 2022 Common Stock 5.09K $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 (1,696 shares), August 2024 (1,696 shares), and August 2025 (1,696 shares).
F4 The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement.