Darren Simons - 14 Feb 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
Issuer symbol
KELYA
Transactions as of
14 Feb 2023
Net transactions value
+$177,525
Form type
4
Filing time
16 Feb 2023, 17:16:45 UTC
Previous filing
18 Jul 2022
Next filing
17 Feb 2023
SEC
View on sec.gov

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 $199,991 +11,154 +61% $17.93 29,378 14 Feb 2023 Direct F1
transaction KELYA Class A Common Stock, Par Valule $1 Tax liability $22,466 -1,253 -4.3% $17.93 28,125 14 Feb 2023 Direct
transaction KELYA Class A Common Stock, Par Valule $1 Award $0 +7,795 +28% $0.000000 35,920 14 Feb 2023 Direct F2, F3
transaction KELYA Class A Common Stock, Par Valule $1 Award $0 +2,177 +6.1% $0.000000 38,097 14 Feb 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.