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

Signature
/s/ Donald T. Gardner, III, Attorney-in-fact
Issuer symbol
KEQU
Transactions as of
21 Jun 2021
Transactions value $
$0
Form type
4
Filing time
22 Jun 2021, 16:43:19 UTC
Next filing
24 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEQU Common Stock Options Exercise $0 +383 +1.84% $0 591 21 Jun 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 2,656 21 Jun 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.