Donald T. Gardner III - May 20, 2021 Form 4 Insider Report for KEWAUNEE SCIENTIFIC CORP /DE/ (KEQU)

Role: Chief Financial Officer
Signature: /s/ Donald T. Gardner III
Stock symbol: KEQU
Transactions as of: May 20, 2021
Transactions value $: -$6,382
Form type: 4
Date filed: 5/21/2021, 01:40 PM
Next filing: Jun 22, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KEQU	Common Stock	Options Exercise	$0	+1.82K	+108.41%	$0.00	3.49K	May 20, 2021	Direct	F1
transaction	KEQU	Common Stock	Tax liability	-$6.38K	-524	-15%	$12.18	2.97K	May 20, 2021	Direct

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	Restricted Stock Units Retention Plan	Options Exercise	$0	-1.82K	-100%	$0.00^*	0	May 20, 2021	Common Stock	1.82K		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Restricted stock units convert to common stock on a one-for-one basis.
F2	The restricted stock units subject to the award consist of service-based restricted stock units, 50% of which vest on November 20, 2020 and 50% of which vest on May 20, 2021, in each case subject to the reporting person's continued employment with the Company.