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

Signature
/s/ Gregory Barresi, as attorney-in-fact
Stock symbol
KD
Transactions as of
Nov 4, 2021
Transactions value $
$0
Form type
4
Date filed
11/8/2021, 03:55 PM
Previous filing
Nov 4, 2021
Next filing
Nov 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KD Common Stock Award $0 +14.7K $0.00 14.7K Nov 4, 2021 Direct F1, F2
transaction KD Common Stock Award $0 +134K +914.59% $0.00 149K Nov 4, 2021 Direct F1, F3
transaction KD Common Stock Award $0 +54K +36.23% $0.00 203K Nov 4, 2021 Direct F1, F4
transaction KD Common Stock Award $0 +375K +184.56% $0.00 578K Nov 4, 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.