Gary H. Pilnick - Oct 2, 2023 Form 4 Insider Report for WK Kellogg Co (KLG)

Role: Chief Executive Officer, Director
Signature: /s/ Gordon Paulson, Attorney-in-Fact
Stock symbol: KLG
Transactions as of: Oct 2, 2023
Transactions value $: $0
Form type: 4
Date filed: 10/4/2023, 08:03 PM
Previous filing: Sep 12, 2023
Next filing: Nov 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KLG	Common Stock	Other	$0	+5.87K		$0.00	5.87K	Oct 2, 2023	Direct	F1
transaction	KLG	Common Stock	Other	$0	+76		$0.00	76	Oct 2, 2023	By 401(k) Plan	F1
transaction	KLG	Common Stock	Other	$0	+318		$0.00	318	Oct 2, 2023	Held in Trust by Spouse	F1
transaction	KLG	Common Stock	Other	$0	+12.9K		$0.00	12.9K	Oct 2, 2023	Held in Trusts by Spouse and Children	F1
transaction	KLG	Common Stock	Other	$0	+1.94K		$0.00	1.94K	Oct 2, 2023	Held in Trust for Self	F1

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	KLG	Restricted Stock Units	Award	$0	+140K		$0.00	140K	Oct 2, 2023	Common Stock	140K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares received by the Reporting Person as a result of the pro rata distribution by Kellogg Company of all outstanding shares of the Issuer's common stock to Kellogg Company's shareowners on October 2, 2023. These transactions are voluntarily reported herein by the Reporting Person notwithstanding the exemption provided by Rule 16a-9 under the Securities Exchange Act of 1934.
F2	Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F3	The RSUs were granted upon conversion of certain outstanding time-based RSUs and performance-based RSU awards granted by Kellogg Company (including dividend equivalents from automatic reinvestment of dividends accrued thereon) and are subject to the same terms and conditions (including with respect to vesting and settlement) as were applicable to the corresponding Kellogg Company RSU award. The RSUs vest on February 16, 2026, which is the third anniversary of the grant date of the corresponding Kellogg Company RSU award.