Robert J. Phillippy - 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, 11:42 AM
Previous filing: Oct 18, 2023
Next filing: Dec 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KE	Common Stock	Award	$125K	+4.95K		$25.24	4.95K	Nov 27, 2023	Direct	F1

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
holding	KE	Phantom Stock units						42.9K	Nov 27, 2023	Common Stock	42.9K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Acquired pursuant to the Kimball Electronics, Inc. 2023 Equity Incentive Plan
F2	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

Acquired pursuant to the Kimball Electronics, Inc. 2023 Equity Incentive Plan

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.