UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
TEMPLIN, ROY W
1600 ROYAL STREET
JASPER, IN 47549
USA
2. Issuer Name and Ticker or Trading Symbol
KIMBALL INTERNATIONAL, INC.
KBALB
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
12/31/97
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
CORPORATE CONTROLLER
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Class B Common Stock | | |V| | | |412 (1) |D | |
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" | | |V| | | |520 (1) |D | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Employee Stock Option |$14.80 (| | |V| | |8/27/|8/26/|Class B Comm|600 (2)| |600 (2) |D | |
(Right to Buy) |2) | | | | | |95 |98 |on | | | | | |
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" |$12.22 (| | |V| | |8/25/|8/24/|" |2,588 (| |2,588 (2) |D | |
|2) | | | | | |96 |99 | |2) | | | | |
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" |$12.77 (| | |V| | |8/23/|8/22/|" |3,000 (| |3,000 (2) |D | |
|2) | | | | | |97 |00 | |2) | | | | |
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" |$13.77 (| | |V| | |7/18/|7/17/|" |3,000 (| |3,000 (2) |D | |
|2) | | | | | |98 |01 | |2) | | | | |
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" |$21.825 | | |V| | |(3) |8/24/|" |7,000 (| |7,000 (2) |D | |
|(2) | | | | | | |02 | |2) | | | | |
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| | | | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
(1) On 11/12/97, the Class B Common Stock of Kimball International split
2-for-1, resulting in the reporting person's
direct share ownership to
double.
(2) This option was previously reported as covering half the number of shares
at twice the pricer per share, but
was adjusted to reflect a 2-for-1 stock split on
11/12/97.
(3) 2,688 shares exercisable on 12/15/98; 4,312 shares exercisable on
8/15/99.
