Jeffrey L. Harmening - Jan 24, 2024 Form 4 Insider Report for GENERAL MILLS INC (GIS)

Signature
By: Christopher A. Rauschl For: Jeffrey L Harmening
Stock symbol
GIS
Transactions as of
Jan 24, 2024
Transactions value $
-$645,212
Form type
4
Date filed
1/26/2024, 11:44 AM
Previous filing
Nov 3, 2023
Next filing
Jun 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIS Common Stock Options Exercise $3.23M +60.1K +18.86% $53.70 379K Jan 24, 2024 Direct
transaction GIS Common Stock Sale -$3.87M -60.1K -15.87% $64.44 318K Jan 24, 2024 Direct F1, F2
holding GIS Common Stock 237K Jan 24, 2024 by Trust
holding GIS Common Stock 7.55K Jan 24, 2024 by Trust 2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GIS Non-Qualified Stock Option (right to buy) Options Exercise $0 -60.1K -100% $0.00* 0 Jan 24, 2024 Common Stock 60.1K $53.70 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares were sold pursuant to a 10b5-1 trading plan dated April 21, 2023
F2 Represents the weighted average of actual sale prices that range from $64.140000 to $64.650000. Full information regarding the number of shares sold at each separate price is available upon request of the Securities and Exchange Commission or any security holder of the company.