Michael Distefano - 08 Jul 2022 Form 4 Insider Report for KORN FERRY (KFY)

Role
Chief Executive Officer of Professional Search
Signature
/s/ Jonathan Kuai, attorney-in-fact
Issuer symbol
KFY
Transactions as of
08 Jul 2022
Net transactions value
-$839,414
Form type
4
Filing time
12 Jul 2022, 20:57:52 UTC
Previous filing
24 Jun 2022
Next filing
12 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KFY Common Stock, par value $0.01 per share Tax liability $220,788 -3,610 -13% $61.16 25,256 08 Jul 2022 Direct F1
transaction KFY Common Stock, par value $0.01 per share Tax liability $90,769 -1,533 -6.1% $59.21 23,723 11 Jul 2022 Direct F2
transaction KFY Common Stock, par value $0.01 per share Award $0 +17,980 +76% $0.000000 41,703 11 Jul 2022 Direct F3, F4
transaction KFY Common Stock, par value $0.01 per share Tax liability $527,857 -8,915 -21% $59.21 32,788 11 Jul 2022 Direct F5
transaction KFY Common Stock, par value $0.01 per share Award $0 +5,070 +15% $0.000000 37,858 11 Jul 2022 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the vesting, on July 8, 2022, of 7,280 shares of restricted stock held by the Reporting Person.
F2 Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the vesting, on July 9, 2022, of 3,090 shares of restricted stock held by the Reporting Person.
F3 Acquired upon the settlement of Relative TSR performance units granted on July 9, 2019 under the Korn Ferry Third Amended and Restated 2008 Stock Incentive Plan as a result of the satisfaction of the performance criteria underlying the award.
F4 Granted as compensation for services.
F5 Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the settlement, on July 9, 2022, of 17,980 Relative TSR performance units described in footnote (3) above.
F6 Represents restricted stock that vests in four equal annual installments commencing on July 11, 2023.

Remarks:

Chief Executive Officer of Professional Search