Form 4 for KN Knowles Corp
Accepted 2024-02-22 00:00:00 ET · period of report 2024-02-20 · accession 0001587523-24-000021 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-02-22 | 2024-02-20 | KN | Giesecke Daniel J. | SVP, COO | A - Grant | $6.45 | +43.7K | 135.6K | +48% | +$282.0K |
| 2024-02-22 | 2024-02-20 | KN | Giesecke Daniel J. | SVP, COO | F - Tax | $16.75 | -7,458 | 145.0K | -5% | -$124.9K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-20 | A | A | 16,835 | $16.75 | 152,432 | D | — | — | (F2) Represents the settlement of performance share units (PSUs) that were previously granted under the Company's Equity Incentive Plan. The ultimate amount of shares to be received under the grant depended upon the achievement of performance goals during a three-year performance period from January 1, 2021 through December 31, 2023. |
| 2 | Common | Common Stock | 2024-02-20 | A | A | 26,866 | $0.00 | 135,597 | D | — | — | (F1) Restricted Stock Units granted under the Knowles Corporation 2018 Equity and Cash Incentive Plan that vest ratably over three years commencing on the first anniversary of the award. |
| 3 | Common | Common Stock | 2024-02-20 | F | D | 7,458 | $16.75 | 144,974 | D | — | — | (F3) These shares represent the payment of the tax liability by withholding securities incident to the settlement of performance share units granted on February 8, 2021 in accordance with Rule 16b-3. |