Christopher J. Thyen - Aug 29, 2023 Form 4 Insider Report for Kimball Electronics, Inc. (KE)

Role
Vice President
Signature
Kimberly E. Cooper, Attorney in Fact and Agent
Stock symbol
KE
Transactions as of
Aug 29, 2023
Transactions value $
-$140,224
Form type
4
Date filed
8/31/2023, 03:30 PM
Previous filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KE Common Stock Options Exercise $0 +884 +0.8% $0.00 111K Aug 29, 2023 Direct
transaction KE Common Stock Award $0 +10.1K +9.14% $0.00 121K Aug 29, 2023 Direct F1
transaction KE Common Stock Tax liability -$140K -4.8K -3.97% $29.20 116K Aug 29, 2023 Direct F2
holding KE Common Stock 42K Aug 29, 2023 Retirement Fund
holding KE Common Stock 1.49K Aug 29, 2023 Spouse
holding KE Common Stock 1.49K Aug 29, 2023 Child

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 Restricted Shares Options Exercise $0 -884 -33.33% $0.00 1.77K Aug 29, 2023 Common Stock 884 $0.00 Direct F3
transaction KE Restricted Shares Award $0 +4.06K +229.36% $0.00 5.82K Aug 29, 2023 Common Stock 4.06K $0.00 Direct F4, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects performance based shares granted pursuant to the Issuer's 2014 Stock Option and Incentive Plan upon the achievement of certain performance criteria certified by the Talent, Culture, and Compensation Committee of the Board of Directors of the Issuer on August 29, 2023.
F2 Shares withheld to satisfy tax obligations.
F3 Represents Restricted Shares granted in prior years that vested on 8/29/2023 (884 shares).
F4 Represents Restricted Shares granted on 8/29/2023 that vest August 2024 (1,352 shares), August 2025 (1,352 shares), and August 2026 (1,351 shares).
F5 The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement.
F6 Not Applicable.
F7 Represents cumulative Restricted Shares that vest August 2024 (2,236 shares), August 2025 (2,236 shares), and August 2026 (1,351 shares).