A. Hester Stephen - Dec 16, 2022 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, 2022
Transactions value $: -$23,826
Form type: 4
Date filed: 12/20/2022, 04:03 PM
Previous filing: Aug 9, 2022
Next filing: Jul 31, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KD	Common Stock	Tax liability	-$23.8K	-2.2K	-5.44%	$10.84	38.2K	Dec 16, 2022	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents the withholding from delivery of shares of Common Stock from the Issuer to satisfy Reporting Person's tax withholding obligation upon the vesting of 10,990 restricted stock units previously granted to Reporting Person. These shares of Common Stock were not sold by the Reporting Person but were instead offset from the total number of vested shares of Common Stock received by the Reporting Person from the Issuer.

Content

Represents the withholding from delivery of shares of Common Stock from the Issuer to satisfy Reporting Person's tax withholding obligation upon the vesting of 10,990 restricted stock units previously granted to Reporting Person. These shares of Common Stock were not sold by the Reporting Person but were instead offset from the total number of vested shares of Common Stock received by the Reporting Person from the Issuer.