Thomas David Hull III - 16 Jul 2024 Form 4 Insider Report for KEWAUNEE SCIENTIFIC CORP /DE/ (KEQU)

Signature
/s/ Donald T. Gardner III, Attorney-in-fact
Issuer symbol
KEQU
Transactions as of
16 Jul 2024
Net transactions value
-$168,044
Form type
4
Filing time
16 Jul 2024, 15:05:01 UTC
Previous filing
02 Jul 2024
Next filing
16 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEQU Common Stock Options Exercise $99,840 +6,000 +14% $16.64* 48,374 16 Jul 2024 Direct F1
transaction KEQU Common Stock Options Exercise $141,720 +6,000 +12% $23.62 54,374 16 Jul 2024 Direct F1
transaction KEQU Common Stock Tax liability $409,604 -7,877 -14% $52.00 46,497 16 Jul 2024 Direct F1, 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 KEQU Option to Buy Options Exercise -6,000 -100% 0 16 Jul 2024 Common Stock 6,000 $16.64 Direct F3
transaction KEQU Option to Buy FY17 Options Exercise -6,000 -100% 0 16 Jul 2024 Common Stock 6,000 $23.62 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consideration for the exercise of the underlying option to buy was paid through a "net exercise" by directing the company to retain as payment for the total exercise cost a sufficient number of shares of Common Stock that would have been otherwise received upon exercise as reported below on this Form 4 report.
F2 Also includes shares withheld by the company to discharge withholding tax obligations of the reporting person.
F3 Employee stock option granted under Employee Stock Option plan under Rule 16b-3.