W. Rodney Mcmullen - Jun 26, 2024 Form 4 Insider Report for KROGER CO (KR)

Signature
/s/ W. Rodney McMullen, by Stacey M. Heiser, Attorney-in-Fact
Stock symbol
KR
Transactions as of
Jun 26, 2024
Transactions value $
-$3,177,331
Form type
4
Date filed
6/27/2024, 01:35 PM
Previous filing
May 30, 2024
Next filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KR Common Stock Options Exercise $7.4M +300K +8% $24.67 4.05M Jun 26, 2024 Direct
transaction KR Common Stock Tax liability -$10.6M -214K -5.29% $49.37 3.83M Jun 26, 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 -300K -100% $0.00* 0 Jun 26, 2024 Common Stock 300K $24.67 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Delivery of mature shares to pay exercise price and tax liability related to stock option exercise.
F2 Between January 1, 2024 and March 31, 2024, the reporting person acquired 1,192.5961 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 at the rate of 20% per year over a five-year period that commenced one year after the date of the grant.