Vineet Khurana - 03 Jun 2024 Form 4 Insider Report for Kyndryl Holdings, Inc. (KD)

Role
SVP & Global Controller
Signature
/s/ Evan Barth, attorney-in-fact
Issuer symbol
KD
Transactions as of
03 Jun 2024
Net transactions value
-$394,549
Form type
4
Filing time
05 Jun 2024, 16:56:32 UTC
Previous filing
19 Dec 2023
Next filing
11 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KD Common Stock Sale $198,000 -7,500 -8.7% $26.40 78,722 03 Jun 2024 Direct
transaction KD Common Stock Options Exercise $407,695 +22,930 +29% $17.78 101,652 03 Jun 2024 Direct
transaction KD Common Stock Sale $604,244 -22,930 -23% $26.35 78,722 03 Jun 2024 Direct F1
transaction KD Common Stock Award $0 +9,917 +13% $0.000000 88,652 03 Jun 2024 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KD Employee Stock Option (Right to Buy) Options Exercise $0 -22,930 -50% $0.000000 22,931 03 Jun 2024 Common Stock 22,930 $17.78 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.35 to $26.385, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Represents a grant of Restricted Stock Units that vest in four equal annual installments beginning on June 3, 2025.
F3 The amount reported includes an additional 13 shares previously omitted from prior Section 16 filings due to a clerical error.
F4 The option, representing a right to purchase a total of 45,861 shares, became exercisable in four equal installments beginning on December 16, 2022, which was the first anniversary of the date on which the option was granted.