Vineet Khurana - Jun 3, 2024 Form 4 Insider Report for Kyndryl Holdings, Inc. (KD)

Role
SVP & Global Controller
Signature
/s/ Evan Barth, attorney-in-fact
Stock symbol
KD
Transactions as of
Jun 3, 2024
Transactions value $
-$394,549
Form type
4
Date filed
6/5/2024, 04:56 PM
Previous filing
Dec 19, 2023
Next filing
Jun 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KD Common Stock Sale -$198K -7.5K -8.7% $26.40 78.7K Jun 3, 2024 Direct
transaction KD Common Stock Options Exercise $408K +22.9K +29.13% $17.78 102K Jun 3, 2024 Direct
transaction KD Common Stock Sale -$604K -22.9K -22.56% $26.35 78.7K Jun 3, 2024 Direct F1
transaction KD Common Stock Award $0 +9.92K +12.6% $0.00 88.7K Jun 3, 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 -22.9K -50% $0.00 22.9K Jun 3, 2024 Common Stock 22.9K $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.