SEC Form 3 · accession 0001657070-18-000020
KEWAUNEE SCIENTIFIC CORP /DE/ · KEQU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa L. Ryan
Officer — VP-Construction/Cust. Servs.
Period of report
Aug 29, 2018
Accepted (ET)
Aug 30, 2018 · 6:39 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 Stock | holding | — | — | — | 1 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Buy (08/28/2013 grant) | $15.85 | holding | — | — | — | Aug 28, 2017 | Aug 28, 2023 | Common Stock | 100 | — | D |
| Option to Buy (08/27/2014 grant) | $18.14 | holding | — | — | — | Aug 27, 2018 | Aug 27, 2024 | Common Stock | 400 | — | D |
| Option to Buy (08/26/2015 grant)F1 | $16.97 | holding | — | — | — | — | Aug 26, 2025 | Common Stock | 600 | — | D |
| Option to Buy (08/31/2016 grant)F2 | $23.62 | holding | — | — | — | — | Aug 31, 2026 | Common Stock | 800 | — | D |
| Restricted Stock Units (06/27/2018 grant)F4,F3 | — | holding | — | — | — | — | — | Common Stock | 902 | — | D |
Explanation of responses
- F1The options vest in four equal annual installments beginning with the first installment on August 26, 2016.
- F2The options vest in four equal annual installments beginning with the first installment on August 31, 2017.
- F3The award of restricted stock units shall 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 27, 2019, 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.
- F4Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.