Rausch David M. 4
4 · KEWAUNEE SCIENTIFIC CORP /DE/ · Filed Jun 28, 2018
Insider Transaction Report
Form 4
Rausch David M.
VP - Construction Services
Transactions
- Award
Restricted Stock Units
2018-06-27+6,694→ 6,694 total→ Common Stock (6,694 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 27, 2019, 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.