Statement of Changes in Beneficial Ownership (4)

Date : 07/11/2019 @ 6:58PM
Source : Edgar (US Regulatory)
Stock : Kimball International Inc (KBAL)
Quote : 21.11  0.0 (0.00%) @ 1:42PM
Kimball share price Chart

Statement of Changes in Beneficial Ownership (4)

FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SCHROEDER MICHELLE RENE
2. Issuer Name and Ticker or Trading Symbol

KIMBALL INTERNATIONAL INC [ KBAL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
VICE PRESIDENT
(Last)          (First)          (Middle)

1600 ROYAL STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

7/9/2019
(Street)

JASPER, IN 47546-2256
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
CLASS B COMMON STOCK   7/9/2019     A (1)    9196   A $0   104071   D    
CLASS B COMMON STOCK   7/9/2019     F    2629   D $17.23   101442   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
RESTRICTED STOCK UNITS     (2) 7/9/2019     A      6025         (3)   (4) CLASS B COMMON STOCK   6025.0   $0   (5) 18563   (6) D    

Explanation of Responses:
(1)  On 7/1/16, the reporting person was granted performance units representing the right to receive 4,598 shares of common stock at the target level of performance and up to 9,196 shares of common stock at the maximum level of performance, with the number of shares earned to be determined based on the Company's total return during the performance cycle ending on 6/30/19. As determined on 7/9/19, the reporting person earned 9,196 shares of common stock pursuant to this award.
(2)  The Restricted Stock Units convert on a one-for-one basis into shares of Class B Common Stock.
(3)  Represents Restricted Stock Units granted on 7/9/19 and vest on 6/30/22 (6,025 shares).
(4)  The Restricted Stock Units expire if the reporting person ceases employment for any reason other than death, retirement or total permanent disability.
(5)  Not Applicable.
(6)  Represents Restricted Stock Units which vest on 6/30/20 (6,255 shares), 6/30/21 (6,283 shares) and 6/30/22 (6,025 shares).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SCHROEDER MICHELLE RENE
1600 ROYAL STREET
JASPER, IN 47546-2256


VICE PRESIDENT

Signatures
James M. Krodel, Attorney-in-Fact and Agent 7/11/2019
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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