Tom G. Vadaketh - Nov 18, 2022 Form 4 Insider Report for Kimball Electronics, Inc. (KE)

Role
Director
Signature
Kimberly E. Cooper, Attorney in Fact and Agent
Stock symbol
KE
Transactions as of
Nov 18, 2022
Transactions value $
$197,514
Form type
4
Date filed
11/22/2022, 01:18 PM
Previous filing
Oct 7, 2022
Next filing
Jan 4, 2023

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 KE Phantom Stock units Award $198K +8.48K +470.94% $23.30 10.3K Nov 18, 2022 Common Stock 8.48K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Phantom Stock unit is the economic equivalent of one share of common stock. Such units of Phantom Stock were acquired under the Kimball Electronics, Inc. Non-Employee Directors Stock Compensation Deferral Plan. The units of Phantom Stock become payable in common stock at the date the reporting person incurs a termination, or, if earlier, the date the reporting person dies or suffers a severe financial hardship.