MARY RICKS - 19 Jan 2023 Form 4 Insider Report for Kennedy-Wilson Holdings, Inc. (KW)

Signature
/s/ Mary Ricks
Issuer symbol
KW
Transactions as of
19 Jan 2023
Net transactions value
-$471,038
Form type
4
Filing time
23 Jan 2023, 15:33:30 UTC
Previous 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 +92,818 +4.7% $0.000000 2,065,452 19 Jan 2023 Direct F1
transaction KW Common Stock Award $0 +123,133 +6% $0.000000 2,188,585 19 Jan 2023 Direct F2
transaction KW Common Stock Award $0 +50,714 +2.3% $0.000000 2,239,299 20 Jan 2023 Direct F3
transaction KW Common Stock Tax liability $207,950 -12,467 -0.56% $16.68 2,226,832 20 Jan 2023 Direct F4
transaction KW Common Stock Tax liability $263,088 -15,494 -0.7% $16.98 2,211,338 23 Jan 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 19, 2023, 92,818 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 stock units pursuant to the equity plan that vest if the registrant satisfies certain performance hurdles. On January 19, 2023, the performance hurdles were satisfied at levels which resulted in the vesting of a total of 244,215 shares, of which 121,082 shares were withheld by the registrant to satisfy tax withholding obligations.
F3 The reporting person was previously granted performance-based restricted stock units pursuant to the equity plan that vest if the registrant satisfies certain performance hurdles. On January 20, 2023, the performance hurdles were satisfied at levels which resulted in the vesting of a total of 100,584 shares, of which 49,870 shares were withheld by the registrant to satisfy tax withholding obligations.
F4 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.