G. Zachary Gund - 13 Aug 2021 Form 4 Insider Report for KELLOGG CO (K)

Role: Director
Signature: Gary H. Pilnick, Attorney-in-Fact
Issuer symbol: K
Transactions as of: 13 Aug 2021
Net transactions value: +$26,209
Form type: 4
Filing time: 16 Aug 2021, 16:20:21 UTC
Previous filing: 17 May 2021
Next filing: 15 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	K	Common						19,176	13 Aug 2021	Held in Trust	F1
holding	K	Common						3,657	13 Aug 2021	See footnote*	F2
holding	K	Common						9,200	13 Aug 2021	See footnote**	F3
holding	K	Common						1,619,000	13 Aug 2021	See footnote***	F4

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	K	Phantom Stock Units	Award	$26,209	+413	+3.2%	$63.42	13,252	13 Aug 2021	Common	413		Direct	F1, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Excludes dividends reinvested after January 1, 2021.
F2	*These shares are held in a trust for the benefit of the reporting person and certain members of his family. The reporting person is one of several trustees and, in such capacity, may have voting and dispositive power over all such shares. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, and the filing of this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F3	**These shares are held by a limited liability company that is owned by a trust for the benefit of certain members of the reporting person's family. A family member of the reporting person is the trustee of the trust and the reporting person is the manager of the limited liability company. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, and the filing of this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F4	***These shares are held in family partnerships, the partners of which include a trust for the benefit of the reporting person. The reporting person serves as a manager of these partnerships and, in such capacity, may have voting and dispositive power over all such shares. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, and the filing of this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F5	According to the terms of the Kellogg Company Deferred Compensation Plan for Non-Employee Directors, final value of phantom stock units is to be determined as of date of reporting person's retirement and paid in stock.