Daniel H. Malan - Feb 14, 2023 Form 4 Insider Report for KELLY SERVICES INC (KELYA)

Role
Senior Vice President
Signature
/s/ Cynthia D. Mull, attorney-in-fact for Ms. Lockhart
Stock symbol
KELYA
Transactions as of
Feb 14, 2023
Transactions value $
$219,911
Form type
4
Date filed
2/16/2023, 05:42 PM
Previous filing
Mar 17, 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 Value $1 Award $250K +13.9K +28.03% $17.93 63.7K Feb 14, 2023 Direct F1
transaction KELYA Class A Common Stock, Par Value $1 Award $0 +7.31K +11.47% $0.00 71K Feb 14, 2023 Direct F2, F3
transaction KELYA Class A Common Stock, Par Value $1 Award $0 +2.39K +3.36% $0.00 73.4K Feb 14, 2023 Direct F3, F4
transaction KELYA Class A Common Stock, Par Value $1 Award $0 +2.48K +3.38% $0.00 75.9K Feb 14, 2023 Direct F3, F5
transaction KELYA Class A Common Stock, Par Value $1 Tax liability -$7.42K -414 -0.55% $17.93 75.5K Feb 14, 2023 Direct
transaction KELYA Class A Common Stock, Par Value $1 Tax liability -$22.7K -1.26K -1.68% $17.93 74.2K Feb 14, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Award of13,943 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. One half (50%) of the shares vested on February 14, 2023 and one half (50%) of shares will vest on February 14, 2024.
F5 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.