0001562180-21-007793.txt : 20211220
0001562180-21-007793.hdr.sgml : 20211220
20211220164047
ACCESSION NUMBER: 0001562180-21-007793
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211216
FILED AS OF DATE: 20211220
DATE AS OF CHANGE: 20211220
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Schroeter Martin J
CENTRAL INDEX KEY: 0001594465
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40853
FILM NUMBER: 211505745
MAIL ADDRESS:
STREET 1: IBM CORPORATION
STREET 2: ONE NEW ORCHARD ROAD
CITY: ARMONK
STATE: NY
ZIP: 10504
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Kyndryl Holdings, Inc.
CENTRAL INDEX KEY: 0001867072
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
IRS NUMBER: 861185492
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE VANDERBILT AVENUE
STREET 2: 15TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: (212) 896-2098
MAIL ADDRESS:
STREET 1: ONE VANDERBILT AVENUE
STREET 2: 15TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
FORMER COMPANY:
FORMER CONFORMED NAME: Kyndryl Holdings, LLC
DATE OF NAME CHANGE: 20210611
4
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2021-12-16
false
0001867072
Kyndryl Holdings, Inc.
KD
0001594465
Schroeter Martin J
ONE VANDERBILT AVENUE 15TH FLOOR
NEW YORK
NY
10017
true
true
false
false
Chief Executive Officer
Common Stock
2021-12-16
4
A
false
236693.00
0.00
A
872633.00
D
Performance Share Units
2021-12-16
4
A
false
304339.00
0.00
A
Common Stock
304339.00
304339.00
D
Stock Options (Right to buy)
17.78
2021-12-16
4
A
false
642047.00
0.00
A
2031-12-16
Common Stock
642047.00
642047.00
D
Represents a grant of Restricted Stock Units that vest in four equal annual installments beginning on December 16, 2022.
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.
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.
These stock options vest in four equal annual installments beginning on December 16th, 2022.
/s/ Catherine Buckley, as attorney in fact
2021-12-20