Kenneth C. Kimball - Apr 25, 2024 Form 4 Insider Report for KROGER CO (KR)

Signature
/s/ Kenneth C. Kimball, by Dorothy D. Roberts, Attorney-in-Fact
Stock symbol
KR
Transactions as of
Apr 25, 2024
Transactions value $
-$844,910
Form type
4
Date filed
4/26/2024, 10:58 AM
Previous filing
Mar 18, 2024
Next filing
Jul 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KR Common Stock Options Exercise $849K +30.3K +28.73% $28.05 136K Apr 25, 2024 Direct
transaction KR Common Stock Sale -$1.69M -30.3K -22.32% $55.98 105K Apr 25, 2024 Direct F1, F2

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 KR Non-Qualified Stock Options Options Exercise $0 -30.3K -100% $0.00* 0 Apr 25, 2024 Common Stock 30.3K $28.05 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.97 to $56.00, inclusive. The reporting person undertakes to provide to The Kroger Co., any security holder of The Kroger Co., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F2 Between January 1, 2024 and March 31, 2024, the reporting person acquired 211.9492 shares of Kroger common stock in the Company's employee benefit plans, based on information from plan trustees. The total amount of securities directly owned by the reporting person includes shares in the Company's employee benefit plans that are deemed to be "tax-conditioned plans" pursuant to Rule 16b-3, to the extent disclosed on reports received from plan trustees.
F3 These options were granted under a long-term incentive plan of The Kroger Co. and vested in equal annual installments over a four-year period at the rate of 25% per year commencing one year from the date of the grant.