Douglas Hass - 29 Aug 2024 Form 4 Insider Report for Kimball Electronics, Inc. (KE)

Role
CL&CO, Secretary
Signature
Kimberly E. Cooper, Attorney in Fact and Agent
Issuer symbol
KE
Transactions as of
29 Aug 2024
Net transactions value
-$64,491
Form type
4
Filing time
03 Sep 2024, 14:58:33 UTC
Previous filing
31 Aug 2023
Next filing
29 Aug 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 +2,785 +41% $0.000000 9,591 29 Aug 2024 Direct
transaction KE Common Stock Award $0 +5,223 +54% $0.000000 14,814 29 Aug 2024 Direct F1
transaction KE Common Stock Tax liability $64,491 -3,471 -23% $18.58 11,343 29 Aug 2024 Direct F2

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 -2,785 -40% $0.000000 4,161 29 Aug 2024 Common Stock 2,785 $0.000000 Direct F3
transaction KE Restricted Shares Award $0 +9,562 +230% $0.000000 13,723 29 Aug 2024 Common Stock 9,562 $0.000000 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 2023 Equity 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, 2024.
F2 Shares withheld to satisfy tax obligations.
F3 Represents Restricted Shares granted in prior years that vested on 8/29/2024 (2,785 shares).
F4 Represents Restricted Shares granted on 8/29/2024 that vest August 2025 (3,188 shares), August 2026 (3,187 shares), and August 2027 (3,187 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 2025 (5,974 shares), August 2026 (4,562 shares), and August 2027 (3,187 shares).