SEC Form 4 · accession 0000899243-18-019861
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, 2018
Accepted (ET)
Jul 13, 2018 · 7:25 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, 2018 | F | 8,501 | $65.69 | D | 176,959 | D | |
| Common Stock, par value $0.01 per shareF2,F3 | Jul 8, 2018 | A | 66,640 | $0.00 | A | 243,599 | D | |
| Common Stock, par value $0.01 per shareF4 | Jul 8, 2018 | F | 33,041 | $65.69 | D | 210,588 | D | |
| Common Stock, par value $0,01 per shareF5 | Jul 11, 2018 | S | 8,000 | $62.6708 | D | 202,558 | D | |
| Common Stock, par value $0,01 per shareF6 | Jul 12, 2018 | S | 5,849 | $61.4458 | D | 196,709 | D | |
| Common Stock, par value $0.01 per shareF7 | Jul 12, 2018 | S | 6,151 | $63.334 | D | 190,558 | D | |
| Common Stock, par value $0.01 per shareF8 | Jul 12, 2018 | F | 4,342 | $63.57 | D | 186,216 | D | |
| Common Stock, par value $0.01 per shareF9 | Jul 13, 2018 | S | 6,800 | $64.8252 | D | 179,416 | 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, 2018, of 17,145 shares of restricted stock held by the Reporting Person.
- F2Acquired upon the settlement of Relative TSR performance units granted on July 8, 2015 under the Korn/Ferry International Third Amended and Restated 2008 Stock Incentive Plan as a result of the satisfaction of the performance criteria underlying the award.
- F3Granted as compensation for services.
- F4Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the settlement, on July 8, 2018, of 66,640 Relative TSR performance units, as described in footnote (2) above.
- F5This transaction was executed in multiple trades at prices ranging from $62.12 to $63.02. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F6This transaction was executed in multiple trades at prices ranging from $62.16 to $63.15. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F7This transaction was executed in multiple trades at prices ranging from $63.16 to $63.62. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F8Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the vesting, on July 12, 2018, of 8,757 shares of restricted stock held by the Reporting Person.
- F9This transaction was executed in multiple trades at prices ranging from $64.625 to $64.97. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.