W. Rodney Mcmullen - May 12, 2022 Form 4 Insider Report for KROGER CO (KR)

Role
Chairman of the Board & CEO, Director
Signature
/s/ W. Rodney McMullen, by Dorothy D. Roberts, Attorney-in-Fact
Stock symbol
KR
Transactions as of
May 12, 2022
Transactions value $
-$3,711,379
Form type
4
Date filed
5/13/2022, 11:46 AM
Previous filing
Apr 6, 2022
Next filing
May 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KR Common Stock Options Exercise $2.14M +195K +5.8% $10.98* 3.55M May 12, 2022 Direct
transaction KR Common Stock Tax liability -$5.85M -106K -2.97% $55.43 3.45M May 12, 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 -195K -100% $0.00* 0 May 12, 2022 Common Stock 195K $10.98 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, 2022 and March 31, 2022, the reporting person acquired 894.5786 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.