Form 4 for KD Kyndryl Holdings, Inc.

Accepted 2021-12-20 00:00:00 ET · period of report 2021-12-16 · accession 0001562180-21-007792 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2021-12-20	2021-12-16	KD	Sebold Edward	GC, Sec	A - Grant	$0.00	+33.8K	87.9K	+62%	$0
DM	2021-12-20	2021-12-16	KD	Sebold Edward	GC, Sec	A - Grant	$0.00	+135.2K	43.5K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-12-16	A	A	33,814	$0.00	87,918	D	—	—	(F1) Represents a grant of Restricted Stock Units that vest in four equal annual installments beginning on December 16, 2022.
2	Derivative	Stock Options (Right to buy)	2021-12-16	A	A	91,721	$0.00	91,721	D	$17.78 · — to 2031-12-16	91,721 Common Stock	(F4) These stock options vest in four equal annual installments beginning on December 16th, 2022.
3	Derivative	Performance Share Units	2021-12-16	A	A	43,477	$0.00	43,477	D	— · — to —	43,477 Common Stock	(F2) Each performance share unit ("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. (F3) These PSUs vest based on the Issuer's achievement of an increase in its share price over a three-year performance period beginning on December 16, 2021 and ending on December 15, 2024. The number of PSUs reported represents the target number awarded on the grant date. The number that would be received upon vesting, if any, could be 0%, 50%, 100%, 150% or 200% of the target number shown.