Mandar Ranade - Jun 21, 2021 Form 4 Insider Report for KEWAUNEE SCIENTIFIC CORP /DE/ (KEQU)

Signature
/s/ Donald T. Gardner, III, Attorney-in-fact
Stock symbol
KEQU
Transactions as of
Jun 21, 2021
Transactions value $
$0
Form type
4
Date filed
6/22/2021, 04:43 PM
Next filing
Jun 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEQU Common Stock Options Exercise $0 +383 +184.13% $0.00 591 Jun 21, 2021 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 KEQU Restricted Stock Units Options Exercise $0 -383 -12.6% $0.00 2.66K Jun 21, 2021 Common Stock 383 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 On December 2, 2019, the reporting person was granted restricted stock units that vest as follows: (a) 974 of the restricted stock units subject to the award consist of service-based restricted stock units, 208 of which vest on June 19, 2020, 383 of which vest on June 19, 2021, and 383 of which vest on June 19, 2022, in each case subject to the reporting person's continued employment with the Company; and (b) 2,273 of the restricted stock units subject tothe award consist of performance-based restricted stock units that will vest only if performance goals are achieved through June 19, 2022. The actual number of units (if any) received under this award will depend on continued employment and actual performance through June 19, 2022.