Kent Mouton - Jan 19, 2023 Form 4 Insider Report for Kennedy-Wilson Holdings, Inc. (KW)

Signature
/s/ Kent Mouton
Stock symbol
KW
Transactions as of
Jan 19, 2023
Transactions value $
-$148,601
Form type
4
Date filed
1/23/2023, 03:34 PM
Previous filing
Jan 18, 2023
Next filing
Jan 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KW Common Stock Award $0 +29.3K +4.76% $0.00 645K Jan 19, 2023 Direct F1
transaction KW Common Stock Award $0 +36.9K +5.72% $0.00 682K Jan 19, 2023 Direct F2
transaction KW Common Stock Award $0 +16K +2.35% $0.00 698K Jan 20, 2023 Direct F3
transaction KW Common Stock Tax liability -$65.6K -3.93K -0.56% $16.68 694K Jan 20, 2023 Direct F4
transaction KW Common Stock Tax liability -$83K -4.89K -0.7% $16.98 689K Jan 23, 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 19, 2023, 29,282 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.
F2 The reporting person was previously granted performance-based restricted stock units pursuant to the equity plan that vest if the registrant satisfies certain performance hurdles. On January 19, 2023, the performance hurdles were satisfied at levels which resulted in the vesting of a total of 73,128 shares, of which 36,257 shares were withheld by the registrant to satisfy tax withholding obligations.
F3 The reporting person was previously granted performance-based restricted stock units pursuant to the equity plan that vest if the registrant satisfies certain performance hurdles. On January 20, 2023, the performance hurdles were satisfied at levels which resulted in the vesting of a total of 31,732 shares, of which 15,733 shares were withheld by the registrant to satisfy tax withholding obligations.
F4 Shares held by Registrant to satisfy applicable tax withholding requirements on vesting of time-based vesting restricted stock awards. No shares were sold by the reporting person.