Kurt D. Forche - Feb 18, 2022 Form 4 Insider Report for KELLOGG CO (K)

Role
VP-Corporate Controller
Signature
Gary H. Pilnick, Attorney-in-Fact
Stock symbol
K
Transactions as of
Feb 18, 2022
Transactions value $
-$95,284
Form type
4
Date filed
2/23/2022, 04:12 PM
Previous filing
Feb 11, 2022
Next filing
Aug 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction K Common Award $0 +3.84K +220.78% $0.00 5.58K Feb 18, 2022 Direct F1
transaction K Common Tax liability -$80.1K -1.21K -21.75% $66.07 4.36K Feb 18, 2022 Direct
transaction K Common Options Exercise $0 +770 +17.64% $0.00 5.13K Feb 22, 2022 Direct F2
transaction K Common Tax liability -$15.1K -229 -4.46% $66.12 4.91K Feb 22, 2022 Direct
holding K Common 115 Feb 18, 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 +1.77K $0.00 1.77K Feb 18, 2022 Common 1.77K Direct F2, F3
transaction K Restricted Stock Units Options Exercise $0 -770 -100% $0.00* 0 Feb 22, 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.