Peter Quigley - Feb 15, 2022 Form 4 Insider Report for KELLY SERVICES INC (KELYA)

Signature
/s/ Cynthia D. Mull, attorney-in-fact for Mr. Quigley
Stock symbol
KELYA
Transactions as of
Feb 15, 2022
Transactions value $
$385,830
Form type
4
Date filed
2/17/2022, 07:59 PM
Previous filing
Feb 15, 2022
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KELYA Class A Common Stock, Par Value $1 Tax liability -$57.7K -2.65K -1.78% $21.77 146K Feb 15, 2022 Direct
transaction KELYA Class A Common Stock, Par Value $1 Award $462K +21.2K +14.5% $21.77 168K Feb 15, 2022 Direct F1
transaction KELYA Class A Common Stock, Par Value $1 Award $0 +37.2K +22.19% $0.00 205K Feb 15, 2022 Direct F2, F3
transaction KELYA Class A Common Stock, Par Value $1 Award $0 +5.93K +2.9% $0.00 211K Feb 15, 2022 Direct F3, F4
transaction KELYA Class A Common Stock, Par Value $1 Tax liability -$18.5K -849 -0.4% $21.77 210K Feb 15, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award granted under the Kelly Services Equity Incentive Plan. Shares vest in equal increments over four (4) years on the anniversary date of the grant.
F2 Restricted stock units granted following satisfaction of specified performance criteria for 2021. Shares vest in four (4) equal increments beginning with date they were certified as earned by the Compensation and Talent Management Committee, February 15, 2022 and on the next three (3) anniversaries of that date.
F3 Each restricted stock unit represents a contingent right to receive one share of Kelly Services Class A common stock.
F4 Restricted stock units granted following satisfaction of specified performance criteria for 2021. One half (50%) of the shares vested on February 15, 2022 and one half (50%) of shares will vest in an additional two (2) years following certification by the Compensation and Talent Management Committee.