Gary D. Burnison - Jun 28, 2021 Form 4 Insider Report for KORN FERRY (KFY)

Role
CEO, Director
Signature
/s/ Jonathan Kuai, attorney-in-fact
Stock symbol
KFY
Transactions as of
Jun 28, 2021
Transactions value $
-$4,178,315
Form type
4
Date filed
7/12/2021, 07:12 PM
Previous filing
Jun 25, 2021
Next filing
Jul 2, 2021

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 -$8.56K -118 -0.04% $72.50 318K Jun 28, 2021 Direct
transaction KFY Common Stock, par value $0.01 per share Tax liability -$1.69M -25.3K -7.96% $66.93 292K Jul 8, 2021 Direct F1
transaction KFY Common Stock, par value $0.01 per share Award $0 +48K +16.41% $0.00 340K Jul 9, 2021 Direct F2, F3
transaction KFY Common Stock, par value $0.01 per share Tax liability -$1.64M -23.8K -6.99% $69.02 316K Jul 9, 2021 Direct F4
transaction KFY Common Stock, par value $0.01 per share Tax liability -$837K -12.1K -3.83% $69.02 304K Jul 9, 2021 Direct F5
transaction KFY Common Stock, par value $0.01 per share Award $0 +26.1K +8.57% $0.00 330K Jul 9, 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.