Jeffrey Niew - Dec 10, 2024 Form 4 Insider Report for Knowles Corp (KN)

Signature
By: Robyn B. Martin For: POA for Jeffrey Niew
Stock symbol
KN
Transactions as of
Dec 10, 2024
Transactions value $
$897,106
Form type
4
Date filed
2/20/2025, 02:23 PM
Previous filing
Nov 7, 2024
Next filing
Dec 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KN Common Stock Award $1.77M +96.3K +12.1% $18.34 892K Feb 18, 2025 Direct F1
transaction KN Common Stock Tax liability -$782K -42.6K -4.78% $18.34 849K Feb 18, 2025 Direct F2
transaction KN Common Stock Award $0 +108K +12.72% $0.00 957K Feb 18, 2025 Direct F3
transaction KN Common Stock Sale -$86.2K -4.42K -100% $19.50 0 Dec 10, 2024 by 401(k) Plan F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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, 2022 through December 31, 2024.
F2 These shares represent the payment of the tax liability by withholding securities incident to the settlement of performance share units granted on February 7, 2022 in accordance with Rule 16b-3.
F3 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.
F4 Effective December 10, 2024, Knowles Corporation eliminated the Knowles Stock Fund as an investment alternative available under Knowles Corporation?s 401(k) plan. As a result, the 4423 shares of Knowles common stock the reporting person previously reported as beneficially owned under the plan were liquidated.