Tom G. Vadaketh - 18 Nov 2022 Form 4 Insider Report for Kimball Electronics, Inc. (KE)

Role: Director
Signature: Kimberly E. Cooper, Attorney in Fact and Agent
Issuer symbol: KE
Transactions as of: 18 Nov 2022
Net transactions value: +$197,514
Form type: 4
Filing time: 22 Nov 2022, 13:18:29 UTC
Previous filing: 07 Oct 2022
Next filing: 04 Jan 2023
SEC: View on sec.gov

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	KE	Phantom Stock units	Award	$197,514	+8,477	+471%	$23.30	10,277	18 Nov 2022	Common Stock	8,477		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Phantom Stock unit is the economic equivalent of one share of common stock. Such units of Phantom Stock were acquired under the Kimball Electronics, Inc. Non-Employee Directors Stock Compensation Deferral Plan. The units of Phantom Stock become payable in common stock at the date the reporting person incurs a termination, or, if earlier, the date the reporting person dies or suffers a severe financial hardship.

Content

Each Phantom Stock unit is the economic equivalent of one share of common stock. Such units of Phantom Stock were acquired under the Kimball Electronics, Inc. Non-Employee Directors Stock Compensation Deferral Plan. The units of Phantom Stock become payable in common stock at the date the reporting person incurs a termination, or, if earlier, the date the reporting person dies or suffers a severe financial hardship.