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KEWAUNEE SCIENTIFIC CORP /DE/ — Director's Dealing 2024
Jun 27, 2024
34045_dirs_2024-06-27_a8aee83c-b509-4405-9bfe-020201882736.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KEWAUNEE SCIENTIFIC CORP /DE/ (KEQU)
CIK: 0000055529
Period of Report: 2024-06-26
Reporting Person: Ranade Mandar (VP-Information Technology)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-26 | Restricted Stock Units FY25 | $ | A | 4017 | Acquired | Common Stock (4017) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F2: The award of restricted stock units shall vest as follows: (a) 40% 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 June 30, 2025, subject to the reporting person's continued employment with the Company; and (b) 60% 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.