Michael Distefano - Jul 8, 2022 Form 4 Insider Report for KORN FERRY (KFY)

Role
Chief Executive Officer of Professional Search
Signature
/s/ Jonathan Kuai, attorney-in-fact
Stock symbol
KFY
Transactions as of
Jul 8, 2022
Transactions value $
-$839,414
Form type
4
Date filed
7/12/2022, 08:57 PM
Previous filing
Jun 24, 2022
Next filing
Jul 12, 2023

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 Tax liability -$221K -3.61K -12.51% $61.16 25.3K Jul 8, 2022 Direct F1
transaction KFY Common Stock, par value $0.01 per share Tax liability -$90.8K -1.53K -6.07% $59.21 23.7K Jul 11, 2022 Direct F2
transaction KFY Common Stock, par value $0.01 per share Award $0 +18K +75.79% $0.00 41.7K Jul 11, 2022 Direct F3, F4
transaction KFY Common Stock, par value $0.01 per share Tax liability -$528K -8.92K -21.38% $59.21 32.8K Jul 11, 2022 Direct F5
transaction KFY Common Stock, par value $0.01 per share Award $0 +5.07K +15.46% $0.00 37.9K Jul 11, 2022 Direct F4, 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, 2022, of 7,280 shares of restricted stock held by the Reporting Person.
F2 Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the vesting, on July 9, 2022, of 3,090 shares of restricted stock held by the Reporting Person.
F3 Acquired upon the settlement of Relative TSR performance units granted on July 9, 2019 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.
F4 Granted as compensation for services.
F5 Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the settlement, on July 9, 2022, of 17,980 Relative TSR performance units described in footnote (3) above.
F6 Represents restricted stock that vests in four equal annual installments commencing on July 11, 2023.

Remarks:

Chief Executive Officer of Professional Search