Richard D. Phillips - 29 Aug 2024 Form 4 Insider Report for Kimball Electronics, Inc. (KE)

Role
CEO and Director, Director
Signature
Kimberly E. Cooper, Attorney in Fact and Agent
Issuer symbol
KE
Transactions as of
29 Aug 2024
Net transactions value
-$49,218
Form type
4
Filing time
03 Sep 2024, 14:49:45 UTC
Previous filing
22 Jan 2024
Next filing
06 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KE Common Stock Options Exercise $0 +6,246 +148% $0.000000 10,460 29 Aug 2024 Direct
transaction KE Common Stock Tax liability $49,218 -2,649 -25% $18.58 7,811 29 Aug 2024 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
transaction KE Restricted Shares Options Exercise $0 -6,246 -18% $0.000000 27,837 29 Aug 2024 Common Stock 6,246 $0.000000 Direct F2
transaction KE Restricted Shares Award $0 +54,183 +195% $0.000000 82,020 29 Aug 2024 Common Stock 54,183 $0.000000 Direct F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy tax obligations.
F2 Represents Restricted Shares granted in prior years that vested on 8/29/2024 (6,246 shares).
F3 Represents Restricted Shares granted on 8/29/2024 that vest August 2025 (18,061 shares), August 2026 (18,061 shares), and August 2027 (18,061 shares).
F4 The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement.
F5 Not Applicable.
F6 Represents cumulative Restricted Shares that vest January 2025 (7,672 shares), August 2025 (24,307 shares), January 2026 (7,673 shares), August 2026 (24,307 shares), and August 2027 (18,061 shares).