Perna Robert J - Dec 31, 2021 Form 4 Insider Report for Knowles Corp (KN)

Role
SVP, General Counsel & Sec
Signature
By: Robyn Martin For: Robert Perna
Stock symbol
KN
Transactions as of
Dec 31, 2021
Transactions value $
$132,907
Form type
4
Date filed
2/9/2022, 04:50 PM
Previous filing
May 14, 2021
Next filing
May 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KN Common Stock Gift $0 -1.87K -5.72% $0.00 30.8K Dec 31, 2021 Direct F1
transaction KN Common Stock Award $0 +16.6K +53.79% $0.00 47.3K Feb 7, 2022 Direct F2
transaction KN Common Stock Award $247K +11.7K +24.7% $21.14 59K Feb 7, 2022 Direct F3
transaction KN Common Stock Tax liability -$114K -5.4K -9.15% $21.14 53.6K Feb 7, 2022 Direct F4
transaction KN Common Stock Gift $0 +1.87K +100% $0.00 3.74K Dec 31, 2021 by Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting person transferred shares of Knowles common stock to a family trust of which reporting person is a trustee. The reporting person and members of his immediate family are the sole beneficiaries of the trust.
F2 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.
F3 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, 2019 through December 31, 2021.
F4 These shares represent the payment of the tax liability by withholding securities incident to the settlement of performance share units granted on February 19, 2019 in accordance with Rule 16b-3.