SEC Form 4 · accession 0001634616-16-000010
KIMBALL INTERNATIONAL INC · KBAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin D McCoy
Officer — VICE PRESIDENT
Period of report
Jun 30, 2016
Accepted (ET)
Jul 5, 2016 · 1:38 pm 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 STOCKF1 | Jun 30, 2016 | M | 9,607 | $0.00 | A | 49,079 | D | |
| CLASS B COMMON STOCKF2 | Jun 30, 2016 | A | 313 | $0.00 | A | 49,392 | D | |
| CLASS B COMMON STOCKF3 | Jun 30, 2016 | F | 3,142 | $11.1675 | D | 46,250 | 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 UNITSF4,F5 | — | Jun 30, 2016 | M | 9,607 | D | — | — | CLASS B COMMON STOCK | 9,607 | 17,363 | D |
| RESTRICTED STOCK UNITSF8,F9,F4,F6,F7 | — | Jul 1, 2016 | A | 9,332 | A | — | — | CLASS B COMMON STOCK | 9,332 | 26,695 | D |
Explanation of responses
- F1Includes 610.965266 shares acquired in October 2015, January 2016 and April 2016 under the Kimball International Inc. Dividend Reinvestment Plan.
- F2Represents shares of Class B Common Stock acquired pursuant to the Restricted Stock Unit Award Agreement between the reporting person and Kimball International Inc. (the "Company"), determined by dividing the accumulated phantom cash dividends credited to the restricted stock units by the closing sales price of one share of Class B Common Stock on the vest date.
- F3Represents shares withheld by the Company to satisfy tax withholding obligations on the vesting of the restricted stock units.
- F4The Restricted Stock Units convert on a one-for-one basis into shares of Class B Common Stock.
- F5Represents Restricted Stock Units granted in prior years and vest on 6/30/16 (9,607 shares).
- F6Represents Restricted Stock Units granted on 7/1/16 and vest on 6/30/19 (9,332 shares).
- F7The Restricted Stock Units expire if the reporting person ceases employment for any reason other than death, retirement or total permanent disability.
- F8Not Applicable.
- F9Represents Restricted Stock Units which vest on 6/30/17 (9,607 shares), 6/30/18 (7,756 shares) and 6/30/19 (9,332 shares).