GARY D. BURNISON - 28 Jun 2021 Form 4 Insider Report for KORN FERRY (KFY)

Role
CEO, Director
Signature
/s/ Jonathan Kuai, attorney-in-fact
Issuer symbol
KFY
Transactions as of
28 Jun 2021
Net transactions value
-$4,178,315
Form type
4
Filing time
12 Jul 2021, 19:12:28 UTC
Previous filing
25 Jun 2021
Next filing
02 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFY Common Stock, par value $0.01 per share Sale $8,555 -118 -0.04% $72.50 317,978 28 Jun 2021 Direct
transaction KFY Common Stock, par value $0.01 per share Tax liability $1,691,321 -25,270 -8% $66.93 292,258 08 Jul 2021 Direct F1
transaction KFY Common Stock, par value $0.01 per share Award $0 +47,960 +16% $0.000000 340,218 09 Jul 2021 Direct F2, F3
transaction KFY Common Stock, par value $0.01 per share Tax liability $1,641,227 -23,779 -7% $69.02 316,439 09 Jul 2021 Direct F4
transaction KFY Common Stock, par value $0.01 per share Tax liability $837,213 -12,130 -3.8% $69.02 304,309 09 Jul 2021 Direct F5
transaction KFY Common Stock, par value $0.01 per share Award $0 +26,080 +8.6% $0.000000 330,369 09 Jul 2021 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the vesting, on July 8, 2021, of 51,875 shares of restricted stock held by the Reporting Person.
F2 Acquired upon the settlement of Relative TSR performance units granted on July 9, 2018 under the Korn Ferry Third Amended and Restated 2008 Stock Incentive Plan as a result of the satisfaction of the performance criteria underlying the award.
F3 Granted as compensation for services.
F4 Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the settlement, on July 9, 2021, of 47,960 Relative TSR performance units described in footnote (2) above.
F5 Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the vesting, on July 9, 2021, of 24,462 shares of restricted stock held by the Reporting Person.
F6 Represents restricted stock that vests in four equal annual installments commencing on July 9, 2022.