W. Rodney Mcmullen - Mar 9, 2023 Form 4 Insider Report for KROGER CO (KR)

Signature
/s/ W. Rodney McMullen, by Dorothy D. Roberts, Attorney-in-Fact
Stock symbol
KR
Transactions as of
Mar 9, 2023
Transactions value $
-$4,948,907
Form type
4
Date filed
3/13/2023, 12:10 PM
Previous filing
Nov 14, 2023
Next filing
Mar 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KR Common Stock Award $0 +79.4K +2.32% $0.00 3.51M Mar 9, 2023 Direct F1
transaction KR Common Stock Award $0 +24.7K +0.7% $0.00 3.53M Mar 9, 2023 Direct F2
transaction KR Common Stock Award $0 +169K +4.79% $0.00 3.7M Mar 9, 2023 Direct F3
transaction KR Common Stock Tax liability -$3.57M -75.5K -2.04% $47.25 3.62M Mar 9, 2023 Direct F4
transaction KR Common Stock Tax liability -$1.38M -29.4K -0.81% $47.10 3.59M Mar 10, 2023 Direct F5, F6

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 Award $0 +166K $0.00 166K Mar 9, 2023 Common Stock 166K $47.25 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock awarded pursuant to a long-term incentive plan of The Kroger Co. The restrictions on these shares lapse in equal annual installments over a four-year period, at the rate of 25% per year commencing one year from the date of the award.
F2 Restricted stock awarded pursuant to a long-term incentive plan of The Kroger Co. The restrictions on these shares lapse one year from the date of the award.
F3 Shares awarded pursuant to a long-term incentive plan of The Kroger Co.
F4 Payment of tax liability associated with share award.
F5 Payment of tax liability associated with restricted stock.
F6 Between July 1, 2022 and December 31, 2022, the reporting person acquired 1,780.4232 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.
F7 These options were granted under a long-term incentive plan of The Kroger Co. and vest 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.