Wade Burton - 02 Nov 2023 Form 4 Insider Report for Kennedy-Wilson Holdings, Inc. (KW)

Role
Director
Signature
/s/ Wade Burton
Issuer symbol
KW
Transactions as of
02 Nov 2023
Net transactions value
-$23,533
Form type
4
Filing time
03 Nov 2023, 16:29:40 UTC
Previous filing
23 Jan 2023
Next filing
23 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KW Common Stock Award $0 +289 +1.1% $0.000000 26,289 02 Nov 2023 Direct F1
transaction KW Common Stock Tax liability $23,533 -1,904 -7.2% $12.36 24,385 02 Nov 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was previously granted time-based restricted stock units in tandem with distribution equivalent rights ("DERs") pursuant to the registrant's Second Amended and Restated 2009 Equity Participation Plan (the "Plan") that are settled in shares of the Company's common stock. On November 2, 2023, 5,000 of such restricted stock units vested to which 289 DERs relate and vested pursuant to the Plan.
F2 Shares withheld by Registrant to satisfy certain applicable tax withholding requirements on the vesting of 5,000 time-based vesting restricted stock awards and the 289 DERs as described in footnote 1 above. No shares were sold by the reporting person.