SEC Form 4 · accession 0001127602-16-042409
Knowles Corp · KN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gordon A. Walker
Officer — President, Acoustics
Period of report
Feb 17, 2016
Accepted (ET)
Feb 19, 2016 · 3:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001587523
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 17, 2016 | A | 12,704 | $0.00 | A | 33,725 | D | |
| Common StockF2 | Feb 17, 2016 | F | 949 | $11.02 | D | 32,776 | D | |
| Common StockF3 | Feb 18, 2016 | P | 9,000 | $10.8689 | A | 41,776 | D | |
| Common Stock | holding | — | — | — | 237 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $11.02 | Feb 17, 2016 | A | 55,851 | A | Feb 17, 2017 | Feb 16, 2023 | Common Stock | 55,851 | 55,851 | D |
Explanation of responses
- F1Restricted stock granted under the Knowles Corporation 2014 Equity and Cash Incentive Plan that vests ratably over three years commencing on the first anniversary of the award.
- F2These shares represent the payment of the tax liability by withholding securities incident to the vesting of a restricted stock grant issued in accordance with Rule 16b-3.
- F3The price reported in Column 4 is the weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.815 to $10.9186, inclusive.
- F4Option granted under the Knowles Corporation 2014 Equity and Cash Incentive Plan that vests ratably over three years commencing on the first anniversary of the award.