Martin J. Schroeter - 04 Nov 2021 Form 4 Insider Report for Kyndryl Holdings, Inc. (KD)

Role
Chief Executive Officer, Director
Signature
/s/ Gregory Barresi, as attorney-in-fact
Issuer symbol
KD
Transactions as of
04 Nov 2021
Net transactions value
$0
Form type
4
Filing time
08 Nov 2021, 15:55:12 UTC
Previous filing
04 Nov 2021
Next filing
30 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KD Common Stock Award $0 +14,687 $0.000000 14,687 04 Nov 2021 Direct F1, F2
transaction KD Common Stock Award $0 +134,326 +915% $0.000000 149,013 04 Nov 2021 Direct F1, F3
transaction KD Common Stock Award $0 +53,980 +36% $0.000000 202,993 04 Nov 2021 Direct F1, F4
transaction KD Common Stock Award $0 +374,647 +185% $0.000000 577,640 04 Nov 2021 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted stock units ("RSUs") with respect to shares of common stock, par value $0.01 per share, of Kyndryl Holdings, Inc. granted under the Kyndryl 2021 Long-Term Performance Plan in connection with the conversion of certain equity incentive awards previously granted by International Business Machines Corporation.
F2 The RSUs will vest in one installment on June 8, 2022.
F3 The RSUs will vest in one installment on December 31, 2021.
F4 The RSUs will vest in two equal installments on each of June 7, 2022 and June 7, 2023.
F5 The RSUs will vest in three equal installments on each of May 3, 2022, November 3, 2022 and November 3, 2023.