Adam M. Baumann - Aug 29, 2023 Form 4 Insider Report for Kimball Electronics, Inc. (KE)

Role
Chief Accounting Officer
Signature
Kimberly E. Cooper, Attorney in Fact and Agent
Stock symbol
KE
Transactions as of
Aug 29, 2023
Transactions value $
-$30,567
Form type
4
Date filed
8/31/2023, 04:28 PM
Previous filing
Aug 23, 2022
Next filing
Sep 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KE Common Stock Options Exercise $0 +374 +20.17% $0.00 2.23K Aug 29, 2023 Direct
transaction KE Common Stock Award $0 +2.12K +95.15% $0.00 4.35K Aug 29, 2023 Direct F1
transaction KE Common Stock Tax liability -$30.6K -1.05K -24.08% $29.20 3.3K Aug 29, 2023 Direct F2
holding KE Common Stock 788 Aug 29, 2023 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
transaction KE Restricted Shares Options Exercise $0 -374 -33.33% $0.00 748 Aug 29, 2023 Common Stock 374 $0.00 Direct F3
transaction KE Restricted Shares Award $0 +1.02K +136.23% $0.00 1.77K Aug 29, 2023 Common Stock 1.02K $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 (374 shares).
F4 Represents Restricted Shares granted on 8/29/2023 that vest August 2024 (340 shares), August 2025 (340 shares), and August 2026 (339 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 (714 shares), August 2025 (714 shares), and August 2026 (339 shares).