Alistair D. Hirst - 18 Feb 2022 Form 4 Insider Report for KELLOGG CO (K)

Role: Senior Vice President
Signature: Gary H. Pilnick, Attorney-in-Fact
Issuer symbol: K
Transactions as of: 18 Feb 2022
Net transactions value: -$1,207,599
Form type: 4
Filing time: 23 Feb 2022, 16:11:57 UTC
Previous filing: 11 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	K	Common	Award	$0	+15,155	+35%	$0.000000	59,041	18 Feb 2022	Direct	F1
transaction	K	Common	Tax liability	$294,738	-4,461	-7.6%	$66.07	54,580	18 Feb 2022	Direct
transaction	K	Common	Options Exercise	$0	+3,036	+5.6%	$0.000000	57,616	22 Feb 2022	Direct	F2
transaction	K	Common	Tax liability	$84,369	-1,276	-2.2%	$66.12	56,340	22 Feb 2022	Direct
transaction	K	Common	Sale	$828,491	-12,454	-22%	$66.52	43,886	23 Feb 2022	Direct	F3
holding	K	Common						385	18 Feb 2022	By 401(k) Profit Sharing Plan
holding	K	Common						638	18 Feb 2022	Held in Trust

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	Restricted Stock Units	Options Exercise	$0	-3,036	-100%	$0.000000^*	0	22 Feb 2022	Common	3,036		Direct	F2

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

Explanation of Responses:

Id	Content
F1	Settlement of performance rights granted February 22, 2019, in connection with the Company's 2019-2021 Executive Performance Plan, which are paid in stock.
F2	Each restricted stock unit represents a contingent right to receive one share of Kellogg common stock.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.40 to $66.69, inclusive. The reporting person undertakes to provide to Kellogg Company, any security holder of Kellogg Company, 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 in this footnote to this Form 4.