Company: KD
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001140361-25-022676
Chunk: 57

Company: Kyndryl Holdings, Inc.
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 57
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 of shares reflected for each of the NEOs represents the maximum number of shares that would vest based on Relative TSR and Total Signings metrics (because our performance as of March 31, 2025 was between target and maximum performance with respect to these performance metrics) and the target number of shares that would vest based on Adjusted Operating Cash Flow (because our performance as of March 31, 2024 was between threshold and target performance with respect to this performance metric). The actual number of shares that will be distributed with respect to these fiscal 2025 PSU awards is not yet determinable. The fiscal 2025 PSU awards vest in proportion to actual performance over the three-year performance period ending on March 31, 2027. See the description of the PSU awards in “Compensation Discussion and Analysis — Elements of Compensation and Compensation Decisions — Long-Term Equity Incentives.” |

| (9) | The market value is based on the closing price on the NYSE of our common stock on March 31, 2025, the last trading day of fiscal 2025 ($31.40), multiplied by the relevant number of shares. |

| 62|KYNDRYL2025 PROXY STATEMENT |

TABLE OF CONTENTS

Option Exercises and Stock Vested in Fiscal 2025 The following table provides information regarding RSUs and PSUs that vested during fiscal 2025 for our NEOs. Our NEOs did not exercise any options during fiscal 2025.

| Name                                    |     |                 Stock Awards |     |            |
| Number of Shares Acquired on Vesting(1) 
 (#)                                     |     | Value Realized on Vesting(2) 
                          ($) |     |            |
| Martin Schroeter                        |     |                      366,612 |     | 11,698,550 |
| David Wyshner                           |     |                      236,995 |     |  6,657,302 |
| Elly Keinan                             |     |                      265,357 |     |  8,467,515 |
| Edward Sebold                           |     |                       53,838 |     |  1,709,543 |
| Maryjo Charbonnier                      |     |                       34,916 |     |  1,114,175 |

| (1) | The shares acquired on vesting represent RSUs that vested as follows: |

| As to Mr. Schroeter – 155,269 RSUs that vested