| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | KD | Common stock | Award | $0 | +113,554 | +236571% | $0.000000 | 113,602 | 04 Nov 2021 | Direct | F2, F3 |
| transaction | KD | Common stock | Award | $0 | +129,775 | +114% | $0.000000 | 243,377 | 04 Nov 2021 | Direct | F2, F4 |
| holding | KD | Common Stock | 48 | 04 Nov 2021 | Direct | F1 |
| Id | Content |
|---|---|
| F1 | On November 3, 2021, International Business Machines Corporation ("IBM") made a pro rata distribution to IBM's stockholders of record as of close of business on October 25, 2021 of one share of common stock, par value $0.01 per share, of Kyndryl Holdings, Inc. ("Kyndryl") for every five shares of IBM common stock, par value $0.20 per share, held by each holder to effect the legal and structural separation of Kyndryl from IBM. The reporting person received a distribution from IBM of 48 shares of Kyndryl common stock. |
| F2 | Award of restricted stock units ("RSUs") with respect to Kyndryl common stock granted under the Kyndryl 2021 Long-Term Performance Plan in connection with the conversion of certain equity incentive awards previously granted by IBM. |
| F3 | The RSUs will vest in three installments as follows: 1,812 RSUs on October 1, 2022, 1,813 RSUs on October 1, 2023 and 21,751 RSUs on October 1, 2024. |
| F4 | The RSUs will vest in three equal installments on each of May 3, 2022, November 3, 2022 and November 3, 2023. |