Edward Sebold - 07 Jun 2023 Form 4 Insider Report for Kyndryl Holdings, Inc. (KD)

Role: General Counsel and Secretary
Signature: /s/ Evan Barth, attorney-in-fact
Issuer symbol: KD
Transactions as of: 07 Jun 2023
Net transactions value: -$12,413
Form type: 4
Filing time: 09 Jun 2023, 16:27:19 UTC
Previous filing: 06 Jun 2023
Next filing: 02 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KD	Common Stock	Tax liability	$5,985	-472	-0.39%	$12.68	119,811	07 Jun 2023	Direct	F1
transaction	KD	Common Stock	Tax liability	$6,428	-513	-0.43%	$12.53	119,298	08 Jun 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the withholding from delivery of shares of Common Stock from the Issuer to satisfy Reporting Person's tax withholding obligation upon the settlement on June 7, 2023 of 1,334 restricted stock units previously granted to Reporting Person which vested on June 7, 2023. These shares of Common Stock were not sold by the Reporting Person but were instead offset from the total number of vested shares of Common Stock received by the Reporting Person from the Issuer.
F2	Represents the withholding from delivery of shares of Common Stock from the Issuer to satisfy Reporting Person's tax withholding obligation upon the settlement on June 8, 2023 of 1,450 restricted stock units previously granted to Reporting Person which vested on June 8, 2023. These shares of Common Stock were not sold by the Reporting Person but were instead offset from the total number of vested shares of Common Stock received by the Reporting Person from the Issuer.

Content

Represents the withholding from delivery of shares of Common Stock from the Issuer to satisfy Reporting Person's tax withholding obligation upon the settlement on June 7, 2023 of 1,334 restricted stock units previously granted to Reporting Person which vested on June 7, 2023. These shares of Common Stock were not sold by the Reporting Person but were instead offset from the total number of vested shares of Common Stock received by the Reporting Person from the Issuer.

Represents the withholding from delivery of shares of Common Stock from the Issuer to satisfy Reporting Person's tax withholding obligation upon the settlement on June 8, 2023 of 1,450 restricted stock units previously granted to Reporting Person which vested on June 8, 2023. These shares of Common Stock were not sold by the Reporting Person but were instead offset from the total number of vested shares of Common Stock received by the Reporting Person from the Issuer.