Edward Sebold - Feb 1, 2023 Form 4 Insider Report for Kyndryl Holdings, Inc. (KD)

Signature
Catherine Buckley, as attorney -in-fact
Stock symbol
KD
Transactions as of
Feb 1, 2023
Transactions value $
-$25,796
Form type
4
Date filed
2/2/2023, 03:41 PM
Previous filing
Dec 20, 2022
Next filing
Jun 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KD Common Stock Tax liability -$25.8K -1.91K -1.54% $13.48 122K Feb 1, 2023 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 settlement on February 1, 2023 of 4,708 restricted stock units previously granted to Reporting Person which vested on December 31, 2022. 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.