Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KE | Phantom Stock units | Award | $2.49K | +107 | +1.04% | $23.30 | 10.4K | Mar 17, 2023 | Common Stock | 107 | Direct | F1, F2 |
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. |
F2 | Reflects retroactive compensation for service on the Company's Audit Committee approved by the Company's Board of Directors and Talent, Culture, and Compensation Committee. Mr. Vadaketh's compensation was made retroactively effective as of November 18, 2022. |