Tom G. Vadaketh - Nov 27, 2023 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 27, 2023
Transactions value $: $209,997
Form type: 4
Date filed: 11/29/2023, 11:22 AM
Previous filing: Nov 9, 2023
Next filing: Mar 13, 2024

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	$210K	+8.32K	+80.12%	$25.24	18.7K	Nov 27, 2023	Common Stock	8.32K		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.

Content

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.