Christopher J. Thyen - 19 Aug 2022 Form 4 Insider Report for Kimball Electronics, Inc. (KE)

Signature
Kimberly E. Cooper, Attorney in Fact and Agent
Issuer symbol
KE
Transactions as of
19 Aug 2022
Transactions value $
-$85,176
Form type
4
Filing time
23 Aug 2022, 17:59:59 UTC
Previous filing
26 Aug 2021
Next filing
23 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KE Common Stock Award $0 +8.31K +8% $0.00 112K 19 Aug 2022 Direct F1
transaction KE Common Stock Tax liability -$85.2K -3.63K -3.24% $23.45 109K 19 Aug 2022 Direct F2
holding KE Common Stock 39.6K 19 Aug 2022 Retirement Fund
holding KE Common Stock 1.49K 19 Aug 2022 Spouse
holding KE Common Stock 1.49K 19 Aug 2022 Child

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
holding KE Restricted Shares 2.65K 19 Aug 2022 Common Stock 2.65K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects performance based shares issued pursuant to the Issuer's 2014 Stock Option and Incentive Plan upon the achievement of certain performance criteria certified by the Compensation and Governance Committee of the Board of Directors of the Issuer for fiscal year 2022.
F2 Shares withheld to satisfy tax obligations.
F3 Represents Restricted Shares that vest in August 2023 (884 shares), August 2024 (884 shares), and August 2025 (884 shares).
F4 The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement.