Justin Enbody - 20 Jan 2022 Form 4 Insider Report for Kennedy-Wilson Holdings, Inc. (KW)

Signature
/s/ Justin Enbody
Issuer symbol
KW
Transactions as of
20 Jan 2022
Transactions value $
-$489,191
Form type
4
Filing time
24 Jan 2022, 18:04:57
Previous filing
18 Jan 2022
Next filing
18 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KW Common Stock Award $0 +30.5K +6.4% $0.00 508K 20 Jan 2022 Direct F1
transaction KW Common Stock Award $0 +66.8K +13.16% $0.00 574K 20 Jan 2022 Direct F2
transaction KW Common Stock Tax liability -$139K -6.27K -1.09% $22.22 568K 21 Jan 2022 Direct F3
transaction KW Common Stock Tax liability -$350K -15.9K -2.79% $22.06 552K 24 Jan 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 20, 2022, 30,535 shares of time-based restricted stock units were granted to the reporting person pursuant to the registrant's Second Amended and Restated 2009 Equity Participation Plan (the "equity plan"). These awards will vest in three equal annual installments beginning on the first anniversary of the grant date. Performance-based restricted stock units that were awarded on the same date will be reported by the reporting person as such units vest.
F2 The reporting person was previously granted performance-based restricted shares pursuant to the equity plan that vest if the registrant satisfies certain performance hurdles. The performance hurdles were satisfied at levels which resulted in the vesting of a total of 132,521 shares, of which 65,704 shares were withheld by the registrant to satisfy tax withholding obligations.
F3 Shares held by Registrant to satisfy applicable tax withholding requirements on vesting of time-based vesting restricted stock awards. No shares were sold by the reporting person.