0001606757-23-000035.txt : 20230831 0001606757-23-000035.hdr.sgml : 20230831 20230831152127 ACCESSION NUMBER: 0001606757-23-000035 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230829 FILED AS OF DATE: 20230831 DATE AS OF CHANGE: 20230831 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Wells Isabel S CENTRAL INDEX KEY: 0001925192 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36454 FILM NUMBER: 231228609 MAIL ADDRESS: STREET 1: 1205 KIMBALL BLVD. CITY: JASPER STATE: IN ZIP: 47546 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Kimball Electronics, Inc. CENTRAL INDEX KEY: 0001606757 STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672] IRS NUMBER: 352047713 STATE OF INCORPORATION: IN FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 1205 KIMBALL BLVD. CITY: JASPER STATE: IN ZIP: 47546 BUSINESS PHONE: 812-634-4000 MAIL ADDRESS: STREET 1: 1205 KIMBALL BLVD. CITY: JASPER STATE: IN ZIP: 47546 4 1 wk-form4_1693509668.xml FORM 4 X0508 4 2023-08-29 0 0001606757 Kimball Electronics, Inc. KE 0001925192 Wells Isabel S 1205 KIMBALL BLVD. JASPER IN 47546 0 1 0 0 CIO 0 Common Stock 2023-08-29 4 M 0 1247 0 A 2335 D Common Stock 2023-08-29 4 A 0 3374 0 A 5709 D Common Stock 2023-08-29 4 F 0 2472 29.195 D 3237 D Restricted Shares 0 2023-08-29 4 M 0 1247 0 D Common Stock 1247 2494 D Restricted Shares 0 2023-08-29 4 A 0 4125 0 A Common Stock 4125 6619 D Reflects performance based shares granted pursuant to the Issuer's 2014 Stock Option and Incentive Plan upon the achievement of certain performance criteria certified by the Talent, Culture, and Compensation Committee of the Board of Directors of the Issuer on August 29, 2023. Shares withheld to satisfy tax obligations. Represents Restricted Shares granted in prior years that vested on 8/29/2023 (1,247 shares). Represents Restricted Shares granted on 8/29/2023 that vest August 2024 (1,375 shares), August 2025 (1,375 shares), and August 2026 (1,375 shares). The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement. Not Applicable. Represents cumulative Restricted Shares that vest August 2024 (2,622 shares), August 2025 (2,622 shares), and August 2026 (1,375 shares). Kimberly E. Cooper, Attorney in Fact and Agent 2023-08-31 EX-24 2 apr22_poa-wells.htm EX-24 Document

LIMITED POWER OF ATTORNEY FOR SECTION 16 REPORTING OBLIGATIONS

Know all by these present that the undersigned hereby constitutes and appoints each of Kimberly E. Cooper and Douglas A. Hass, or either of them signing singly, and with full power of substitution, the undersigned's true and lawful attorney–in–fact to:

(1)prepare, execute in the undersigned’s name and on the undersigned’s behalf, and submit to the U.S. Securities and Exchange Commission (the “SEC”) a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934 or any rule or regulation of the SEC;
(2)execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or director of Kimball Electronics, Inc. (the “Company”), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;
(3)do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the SEC and any stock exchange or similar authority; and
(4)take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney–in–fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney–in–fact on behalf of the undersigned pursuant to this Limited Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney–in–fact may approve in such attorney–in–fact's discretion.

The undersigned hereby grants to each such attorney–in–fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney–in–fact, or such attorney–in–fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this Limited Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys–in–fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.

This Limited Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys–in–fact.

IN WITNESS WHEREOF, the undersigned has caused this Limited Power of Attorney to be executed as of this nineteenth day of April, 2022.

    / s / Isabel S. Wells
    Signature