SEC Form 4 · accession 0000899243-16-024996
KORN FERRY · KFY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary D Burnison
Officer — CEO · Director
Period of report
Jul 8, 2016
Accepted (ET)
Jul 12, 2016 · 8:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000056679
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Jul 8, 2016 | F | 2,209 | $21.30 | D | 191,163 | D | |
| Common Stock, par value $0.01 per shareF2,F3 | Jul 8, 2016 | A | 45,070 | $0.00 | A | 236,233 | D | |
| Common Stock, par value $0.01 per shareF4,F3 | Jul 9, 2016 | A | 66,690 | $0.00 | A | 302,923 | D | |
| Common Stock, par value $0.01 per shareF5 | Jul 11, 2016 | F | 28,943 | $21.81 | D | 273,980 | D | |
| Common Stock, par value $0.01 per shareF6 | Jul 11, 2016 | F | 6,454 | $21.81 | D | 267,526 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the vesting, on July 8, 2016, of 5,877 shares of restricted stock held by the Reporting Person.
- F2Represents shares of restricted stock that vest in four equal annual installments commencing on July 8, 2017.
- F3Granted as compensation for services
- F4Acquired upon the settlement of TSR performance units granted on July 9, 2013 under the Korn/Ferry International Second Amended and Reatated 2008 Stock Incentive Plan a result of the satisfaction of the performance criteria underlying the award.
- F5Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the settlement, on July 9, 2016, of 66,690 TSR performance units, as described in footnote (4) above
- F6Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the vesting, on July 11, 2016, of 12,638 shares of restricted stock held by the Reporting Person.