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

Role
VP-Corporate Controller
Signature
Gary H. Pilnick, Attorney-in-Fact
Issuer symbol
K
Transactions as of
18 Feb 2022
Net transactions value
-$95,284
Form type
4
Filing time
23 Feb 2022, 16:12:21 UTC
Previous filing
11 Feb 2022
Next filing
30 Aug 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 +3,839 +221% $0.000000 5,578 18 Feb 2022 Direct F1
transaction K Common Tax liability $80,143 -1,213 -22% $66.07 4,365 18 Feb 2022 Direct
transaction K Common Options Exercise $0 +770 +18% $0.000000 5,135 22 Feb 2022 Direct F2
transaction K Common Tax liability $15,141 -229 -4.5% $66.12 4,906 22 Feb 2022 Direct
holding K Common 115 18 Feb 2022 By 401(k) Profit Sharing Plan

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 +1,770 $0.000000 1,770 18 Feb 2022 Common 1,770 Direct F2, F3
transaction K Restricted Stock Units Options Exercise $0 -770 -100% $0.000000* 0 22 Feb 2022 Common 770 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.