Rok Michael G. 4
4 · KEWAUNEE SCIENTIFIC CORP /DE/ · Filed Aug 31, 2017
Insider Transaction Report
Form 4
Rok Michael G.
VP of Manufacturing Operations
Transactions
- Award
Restricted Stock Units
2017-08-30+2,674→ 2,674 total→ Common Stock (2,674 underlying)
Footnotes (2)
- [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) 30% 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 on June 21, 2018, subject to the reporting person's continued employment with the Company; and (b) 70% 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.