Kimball Electronics, Inc. — Director's Dealing 2023

Aug 31, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Kimball Electronics, Inc. (KE)
CIK: 0001606757
Period of Report: 2023-08-29

Reporting Person: Thomson Kathy R (Chief Commercial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-29	Common Stock	M	861	—	Acquired	15667	Direct
2023-08-29	Common Stock	A	9084	—	Acquired	24751	Direct
2023-08-29	Common Stock	F	4669	$29.195	Disposed	20082	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-08-29	Restricted Shares	$0	M	861	Disposed		Common Stock (861)	Direct
2023-08-29	Restricted Shares	$0	A	4679	Acquired		Common Stock (4679)	Direct

Footnotes

F1: Reflects performance based shares granted pursuant to the Issuer's 2014 Stock Option and Incentive Plan upon the achievement of certain performance criteria certified by the Talent, Culture, and Compensation Committee of the Board of Directors of the Issuer on August 29, 2023.

F2: Shares withheld to satisfy tax obligations.

F3: Represents Restricted Shares granted in prior years that vested on 8/29/2023 (861 shares).

F4: Represents Restricted Shares granted on 8/29/2023 that vest August 2024 (1,560 shares), August 2025 (1,560 shares), and August 2026 (1,559 shares).

F5: The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement.

F6: Not Applicable.

F7: Represents cumulative Restricted Shares that vest August 2024 (2,421 shares), August 2025 (2,421 shares), August 2026 (1,559 shares).