Darren Simons - Feb 14, 2023 Form 4 Insider Report for KELLY SERVICES INC (KELYA)

Role
SVP and Chief Digital Officer
Signature
/s/ Cynthia D. Mull, attorney-in-fact for Mr. Simons
Stock symbol
KELYA
Transactions as of
Feb 14, 2023
Transactions value $
$177,525
Form type
4
Date filed
2/16/2023, 05:16 PM
Previous filing
Jul 18, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KELYA Class A Common Stock, Par Valule $1 Award $200K +11.2K +61.21% $17.93 29.4K Feb 14, 2023 Direct F1
transaction KELYA Class A Common Stock, Par Valule $1 Tax liability -$22.5K -1.25K -4.27% $17.93 28.1K Feb 14, 2023 Direct
transaction KELYA Class A Common Stock, Par Valule $1 Award $0 +7.8K +27.72% $0.00 35.9K Feb 14, 2023 Direct F2, F3
transaction KELYA Class A Common Stock, Par Valule $1 Award $0 +2.18K +6.06% $0.00 38.1K Feb 14, 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Award of 11,154 shares granted at a price of $17.93 per share. These shares cliff vest on February 14, 2025.
F2 Restricted stock units granted following satisfaction of specified performance criteria for 2022. One half (50%) of the shares vested on February 14, 2023 and one half (50%) of shares will vest on August 14, 2023.
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 2022 and certification as earned by the Compensation and Talent Management Committee. 100% of the shares will vest on February 14, 2025.