Byrne K. Mulrooney - 08 Jul 2022 Form 4 Insider Report for KORN FERRY (KFY)

Signature
/s/ Jonathan Kuai, attorney-in-fact
Issuer symbol
KFY
Transactions as of
08 Jul 2022
Net transactions value
-$1,836,844
Form type
4
Filing time
12 Jul 2022, 20:59:34 UTC
Previous filing
14 Jul 2021
Next filing
12 Jul 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 $689,946 -11,281 -10% $61.16 99,334 08 Jul 2022 Direct F1, F2
transaction KFY Common Stock, par value $0.01 per share Tax liability $185,150 -3,127 -3.1% $59.21 96,207 11 Jul 2022 Direct F3
transaction KFY Common Stock, par value $0.01 per share Award $0 +32,760 +34% $0.000000 128,967 11 Jul 2022 Direct F4, F5
transaction KFY Common Stock, par value $0.01 per share Tax liability $961,748 -16,243 -13% $59.21 112,724 11 Jul 2022 Direct F6
transaction KFY Common Stock, par value $0.01 per share Award $0 +15,540 +14% $0.000000 128,264 11 Jul 2022 Direct F5, F7
* 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 22,753 shares of restricted stock held by the Reporting Person.
F2 The number of shares reported as beneficially owned following the transaction reported herein has been updated to correct for an error in the Form 4 filed by the reporting person on July 12, 2021, which inadvertently showed 120,644 shares (instead of 120,664) as being owned following all of the transactions reported in that Form 4.
F3 Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the vesting, on July 9, 2022, of 6,303 shares of restricted stock held by the Reporting Person.
F4 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.
F5 Granted as compensation for services.
F6 Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the settlement, on July 9, 2022, of 32,760 Relative TSR performance units described in footnote (4) above.
F7 Represents restricted stock that vests in four equal annual installments commencing on July 11, 2023.