Calvin J. Kaufman - Mar 8, 2022 Form 4 Insider Report for KROGER CO (KR)

Role
Senior Vice President
Signature
/s/ Calvin J. Kaufman, by Dorothy D. Roberts, Attorney-in-Fact
Stock symbol
KR
Transactions as of
Mar 8, 2022
Transactions value $
-$1,367,849
Form type
4
Date filed
3/9/2022, 03:30 PM
Previous filing
Jan 3, 2022
Next filing
Mar 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KR Common Stock Options Exercise $803K +32.6K +21.66% $24.67 183K Mar 8, 2022 Direct
transaction KR Common Stock Options Exercise $536K +14K +7.65% $38.33 197K Mar 8, 2022 Direct
transaction KR Common Stock Sale -$2.71M -46.6K -23.64% $58.14 150K Mar 8, 2022 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 Option Options Exercise $0 -32.6K -100% $0.00* 0 Mar 8, 2022 Common Stock 32.6K $24.67 Direct F3
transaction KR Non-Qualified Stock Option Options Exercise $0 -14K -100% $0.00* 0 Mar 8, 2022 Common Stock 14K $38.33 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 $58.10 to $58.21, 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 October 1, 2021 and December 31, 2021, the reporting person acquired 12.3737 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 five-year period, at the rate of 20% per year commencing one year from the date of the grant.