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

Role: Chief Financial Officer
Signature: /s/ Donald T. Gardner III
Issuer symbol: KEQU
Transactions as of: 20 May 2021
Net transactions value: -$6,382
Form type: 4
Filing time: 21 May 2021, 13:40:56 UTC
Next filing: 22 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KEQU	Common Stock	Options Exercise	$0	+1,817	+108%	$0.000000	3,493	20 May 2021	Direct	F1
transaction	KEQU	Common Stock	Tax liability	$6,382	-524	-15%	$12.18	2,969	20 May 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	-1,817	-100%	$0.000000^*	0	20 May 2021	Common Stock	1,817		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.