Elly Keinan - Aug 1, 2023 Form 4 Insider Report for Kyndryl Holdings, Inc. (KD)

Signature
/s/ Evan Barth, attorney-in-fact
Stock symbol
KD
Transactions as of
Aug 1, 2023
Transactions value $
$2,196,811
Form type
4
Date filed
8/2/2023, 05:31 PM
Previous filing
Jul 21, 2023
Next filing
Nov 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KD Common Stock Award $2.66M +199K +31.79% $13.37 825K Aug 1, 2023 Direct F1
transaction KD Common Stock Tax liability -$463K -34.6K -4.2% $13.37 790K Aug 1, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of Restricted Stock Units that vest in four equal annual installments beginning on August 1, 2024.
F2 Represents the withholding from delivery of shares of Common Stock from the Issuer to satisfy then Reporting Person's tax withholding obligation upon the vesting of 62,647 restricted stock units previously granted on August 1, 2022 to the Reporting Person. 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.