John D. Harris - Dec 16, 2021 Form 4 Insider Report for Kyndryl Holdings, Inc. (KD)

Role
Director
Signature
/s/ Catherine Buckley, as attorney in fact
Stock symbol
KD
Transactions as of
Dec 16, 2021
Transactions value $
$0
Form type
4
Date filed
12/20/2021, 03:33 PM
Previous filing
Dec 15, 2021
Next filing
Aug 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KD Common Stock Award $0 +11K +19625% $0.00 11K Dec 16, 2021 Direct F2
holding KD Common Stock 56 Dec 16, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 3, 2021, International Business Machines Corporation ("IBM") made a pro rata distribution to IBM's stockholders of record as of close of business on October 25, 2021 of one share of common stock, par value $0.01 per share, of Kyndryl Holdings, Inc. ("Kyndryl") for every five shares of IBM common stock, par value $0.20 per share, held by each holder to effect the legal and structural separation of Kyndryl from IBM. The reporting person received a distribution from IBM of 56 shares of Kyndryl common stock.
F2 Represents a grant of restricted stock units which will vest in full on the anniversary of the grant date.