SEC Form 4 · accession 0001657070-18-000007
KEWAUNEE SCIENTIFIC CORP /DE/ · KEQU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dana L Dahlgren
Officer — VP-Sales & Marketing-Americas
Period of report
Jun 21, 2018
Accepted (ET)
Jun 22, 2018 · 5:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000055529
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 21, 2018 | M | 341 | — | A | 12,862 | D | |
| Common Stock | Jun 21, 2018 | F | 150 | $34.16 | D | 12,712 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jun 21, 2018 | M | 341 | D | — | — | Common Stock | 341 | 3,073 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On August 30, 2017, the reporting person was granted restricted stock units that vest as follows: (a) 30% of the number of restricted stock units subject to the award consist of service-based restricted stock units that vest in three equal annual installments beginning on June 21, 2018, subject to the reporting person's continued employment with the Company; and (b) 70% of the number of restricted stock units subject to the award consist of performance-based restricted stock units that will vest only if performance goals are achieved over a three-year period. The actual number of units (if any) received under this award will depend on continued employment and actual performance over the three-year performance period.