DAVID LAWLOR - 18 Feb 2022 Form 4 Insider Report for KELLOGG CO (K)

Signature
Gary H. Pilnick, Attorney-in-Fact
Issuer symbol
K
Transactions as of
18 Feb 2022
Net transactions value
-$446,425
Form type
4
Filing time
23 Feb 2022, 16:12:07 UTC
Previous filing
11 Feb 2022
Next filing
10 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction K Common Award $0 +10,825 +98% $0.000000 21,900 18 Feb 2022 Direct F1
transaction K Common Tax liability $371,908 -5,629 -26% $66.07 16,271 18 Feb 2022 Direct
transaction K Common Options Exercise $0 +2,165 +13% $0.000000 18,436 22 Feb 2022 Direct F2
transaction K Common Tax liability $74,517 -1,127 -6.1% $66.12 17,309 22 Feb 2022 Direct
holding K Common 3,644 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 Award $0 +6,440 $0.000000 6,440 18 Feb 2022 Common 6,440 Direct F2, F3
transaction K Restricted Stock Units Options Exercise $0 -2,165 -100% $0.000000* 0 22 Feb 2022 Common 2,165 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 restricted stock units vest on February 18, 2025, the third anniversary of the grant date.