KEWAUNEE SCIENTIFIC CORP /DE/ — Director's Dealing 2012

Sep 28, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEWAUNEE SCIENTIFIC CORP /DE/ (KEQU)
CIK: 0000055529
Period of Report: 2012-09-26

Reporting Person: Rausch David M. (President, COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-26	Common Stock	M	2000	$10.64	Acquired	6000	Direct
2012-09-26	Common Stock	M	964	$8.59	Acquired	6964	Direct
2012-09-26	Common Stock	F	2500	$11.82	Disposed	4464	Direct
2012-09-26	Common Stock	M	36	$8.59	Acquired	4500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-26	Option to Buy	$10.64	M	2000	Disposed	2020-08-25	Common Stock (2000)	Direct
2012-09-26	Option to Buy	$8.59	M	1000	Disposed	2021-08-24	Common Stock (1000)	Direct

Footnotes

F1: Consideration for the exercise of the underlying option to buy was paid through a "net exercise" by directing the company to retain as payment for the total exercise cost a sufficient number of shares of Common Stock that would have been otherwise received upon this exercise as reported two lines down on this Form 4 report.

F2: Consideration for the exercise of the underlying option to buy was paid through a "net exercise" by directing the company to retain as payment for the total exercise cost a sufficient number of shares of Common Stock that would have been otherwise received upon this exercise as reported on the next line of this Form 4 report.

F3: Employee stock option granted under Employee Stock Option Plan under Rule 16b-3.