Edward Sebold - Jun 7, 2023 Form 4 Insider Report for Kyndryl Holdings, Inc. (KD)

Signature
/s/ Evan Barth, attorney-in-fact
Stock symbol
KD
Transactions as of
Jun 7, 2023
Transactions value $
-$12,413
Form type
4
Date filed
6/9/2023, 04:27 PM
Previous filing
Jun 6, 2023
Next filing
Aug 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KD Common Stock Tax liability -$5.98K -472 -0.39% $12.68 120K Jun 7, 2023 Direct F1
transaction KD Common Stock Tax liability -$6.43K -513 -0.43% $12.53 119K Jun 8, 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.