Michele Holcomb - 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 $
$125,014
Form type
4
Date filed
11/29/2023, 11:27 AM
Previous filing
Nov 22, 2022

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 $125K +4.95K +26.94% $25.24 23.3K Nov 27, 2023 Common Stock 4.95K 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.