

Performance Units ⁽¹⁾	Quarter Awarded	Units	Grant Date Fair Value ⁽⁴⁾
Relative Total Shareholder Return Awards	3rd Quarter	30,198		$11.48

Unrestricted Shares ⁽²⁾	Quarter Awarded	Shares	Grant Date Fair Value ⁽⁴⁾
Unrestricted Shares (Director Compensation)	1st Quarter	17,335		$16.01
Unrestricted Shares	2nd Quarter	17,529		$9.10

Restricted Share Units ⁽³⁾	Quarter Awarded	Shares	Grant Date Fair Value ⁽⁴⁾
Restricted Share Units	2nd Quarter	159,416		$9.10
Restricted Share Units	3rd Quarter	29,533	$9.06 - $10.08

(1) Performance units were awarded to key officers under the Company's Relative Total Shareholder Return (“RTSR”) program. Vesting occurs at June 30, 2017. Participants will earn from 0% to 200% of the target award depending upon how the compound annual growth rate of Kimball International common stock ranks within the peer group at the end of the performance period.

(2) Unrestricted shares were awarded to non-employee members of the Board of Directors as compensation for director's fees as a result of directors' elections to receive unrestricted shares in lieu of cash payment. Director's fees are expensed over the period that directors earn the compensation. Other unrestricted shares were awarded to key employees as consideration for service to the Company. Unrestricted shares do not have vesting periods, holding periods, restrictions on sale, or other restrictions.

(3) Restricted share units (“RSU”) were awarded to officers and key employees. Vesting occurs at June 30, 2015, June 30, 2016, and June 30, 2017. Upon vesting, the outstanding number of RSUs and the value of dividends accumulated over the vesting period are converted to shares of common stock.

(4) The grant date fair value of RTSR awards was calculated using a Monte Carlo simulation. This valuation technique includes estimating the movement of stock prices and the effects of volatility, interest rates, and dividends. The grant date fair value of the unrestricted shares and restricted share units was based on the stock price at the date of the award.