Raymond D. Cabrera - 20 Feb 2024 Form 4 Insider Report for Knowles Corp (KN)

Signature
By: Robyn B. Martin For: POA for Raymond D. Cabrera
Issuer symbol
KN
Transactions as of
20 Feb 2024
Transactions value $
-$56,284
Form type
4
Filing time
22 Feb 2024, 17:00:32 UTC
Previous filing
09 Feb 2024
Next filing
23 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KN Common Stock Award $0 +20.9K +27.05% $0.00 98.1K 20 Feb 2024 Direct F1
transaction KN Common Stock Award $211K +12.6K +12.87% $16.75 111K 20 Feb 2024 Direct F2
transaction KN Common Stock Tax liability -$93.7K -5.59K -5.05% $16.75 105K 20 Feb 2024 Direct F3
transaction KN Common Stock Sale -$174K -10.3K -9.79% $16.90 94.9K 22 Feb 2024 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units granted under the Knowles Corporation 2018 Equity and Cash Incentive Plan that vest ratably over three years commencing on the first anniversary of the award.
F2 Represents the settlement of performance share units (PSUs) that were previously granted under the Company's Equity Incentive Plan. The ultimate amount of shares to be received under the grant depended upon the achievement of performance goals during a three-year performance period from January 1, 2021 through December 31, 2023.
F3 These shares represent the payment of the tax liability by withholding securities incident to the settlement of performance share units granted on February 8, 2021 in accordance with Rule 16b-3.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.90 to $16.92, inclusive. The reporting person undertakes to provide to Knowles Corporation, any security holder of Knowles Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased/sold at each separate price within the ranges set forth in this footnote to this Form 4.