In Ku Lee - Jan 20, 2022 Form 4 Insider Report for Kennedy-Wilson Holdings, Inc. (KW)

Role: SVP, Deputy GC
Signature: /s/In Ku Lee
Stock symbol: KW
Transactions as of: Jan 20, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/24/2022, 06:07 PM
Next filing: Jan 23, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KW	Common Stock	Award	$0	+19.3K	+16.69%	$0.00	135K	Jan 20, 2022	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On January 20, 2022, 19,318 shares of time-based restricted stock units were granted to the reporting person pursuant to the registrant's Second Amended and Restated 2009 Equity Participation Plan (the "equity plan"). These awards will vest in three equal annual installments beginning on the first anniversary of the grant date. Performance-based restricted stock units that were awarded on the same date will be reported by the reporting person as such units vest. The registrant, at its sole discretion, may settle the time-based and performance-based restricted stock unit awards in cash or shares of the registrant's common stock.

Content

On January 20, 2022, 19,318 shares of time-based restricted stock units were granted to the reporting person pursuant to the registrant's Second Amended and Restated 2009 Equity Participation Plan (the "equity plan"). These awards will vest in three equal annual installments beginning on the first anniversary of the grant date. Performance-based restricted stock units that were awarded on the same date will be reported by the reporting person as such units vest. The registrant, at its sole discretion, may settle the time-based and performance-based restricted stock unit awards in cash or shares of the registrant's common stock.