4//SEC Filing
Sebold Edward 4
Accession 0001127602-25-003011
CIK 0001867072other
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 5:36 PM ET
Size
9.0 KB
Accession
0001127602-25-003011
Insider Transaction Report
Form 4
Sebold Edward
General Counsel and Secretary
Transactions
- Exercise/Conversion
Common Stock
2025-02-01+21,739→ 168,157 total - Tax Payment
Common Stock
2025-02-01$37.70/sh−7,839$295,530→ 160,318 total - Exercise/Conversion
Performance Share Units
2025-02-01−43,477→ 0 total→ Common Stock (43,477 underlying)
Footnotes (3)
- [F1]Reflects the settlement of performance share units ("PSUs") previously granted on December 16, 2021 into shares of the Issuer's common stock. These PSUs vested based on the Issuer's achievement of an increase in its share price based on pre-established targets over a three-year performance period beginning on December 16, 2021 and ending on December 15, 2024.
- [F2]Represents the withholding from delivery of shares of common stock from the Issuer to satisfy the Reporting Person's tax withholding obligation upon the vesting of the PSUs described herein. 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.
- [F3]Each PSU represents a contingent right to receive one share of the Issuer's common stock payable in common stock or cash at the discretion of the Issuer.
Documents
Issuer
Kyndryl Holdings, Inc.
CIK 0001867072
Entity typeother
Related Parties
1- filerCIK 0001885187
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 5:36 PM ET
- Size
- 9.0 KB