SEC Form 4 · accession 0001486753-17-000006
KIMBALL INTERNATIONAL INC · KBAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald W Van Winkle
Officer — PRESIDENT
Period of report
Jul 6, 2017
Accepted (ET)
Jul 10, 2017 · 9:56 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000055772
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CLASS B COMMON STOCK | Jul 6, 2017 | A | 11,696 | $0.00 | A | 97,030 | D | |
| CLASS B COMMON STOCK | Jul 6, 2017 | F | 3,694 | $16.72 | D | 93,336 | 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 UNITSF5,F6,F2,F3,F4 | — | Jul 6, 2017 | A | 3,571 | A | — | — | CLASS B COMMON STOCK | 3,571 | 30,879 | D |
Explanation of responses
- F1On March 1, 2015, the reporting person was granted performance units representing the right to receive 6,156 shares of common stock at the target level of performance and up to 12,312 shares of common stock at the maximum level of performance, with the number of shares earned to be determined based on the Company Total Shareholder Return during the performance cycle ending on June 30, 2017. As determined on July 6, 2017, the reporting person earned 11,696 shares of common stock pursuant to this award.
- F2The Restricted Stock Units convert on a one-for-one basis into shares of Class B Common Stock.
- F3Represents Restricted Stock Units granted on 7/6/17 and vest on 6/30/20 (3,571 shares).
- F4The Restricted Stock Units expire if the reporting person ceases employment for any reason other than death, retirement or total permanent disability.
- F5Not Applicable.
- F6Represents Restricted Stock Units which vest on 6/30/18 (12,495 shares), 6/30/19 (14,813 shares) and 6/30/20 (3,571 shares).