Kurt D. Forche - Aug 26, 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
Aug 26, 2022
Transactions value $
-$60,912
Form type
4
Date filed
8/30/2022, 04:17 PM
Previous filing
Feb 23, 2022
Next filing
Feb 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction K Common Options Exercise $227K +4K +81.53% $56.73 8.91K Aug 26, 2022 Direct F1
transaction K Common Options Exercise $141K +2.2K +24.7% $64.09 11.1K Aug 26, 2022 Direct F1
transaction K Common Options Exercise $132K +2.2K +19.81% $59.95 13.3K Aug 26, 2022 Direct F1
transaction K Common Sale -$561K -7.43K -55.8% $75.52 5.88K Aug 26, 2022 Direct F1, F2
holding K Common 115 Aug 26, 2022 By 401(k) Profit Sharing Plan F1

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 Stock Option Options Exercise $0 -2.2K -100% $0.00* 0 Aug 26, 2022 Common 2.2K $64.09 Direct F3
transaction K Stock Option Options Exercise $0 -2.2K -100% $0.00* 0 Aug 26, 2022 Common 2.2K $59.95 Direct F4
transaction K Stock Option Options Exercise $0 -4K -29.09% $0.00 9.75K Aug 26, 2022 Common 4K $56.73 Direct 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, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.31 to $76.03, 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 setforth in this footnote to this Form 4.
F3 The option was granted on February 20, 2015, and vests in three equal annual installments beginning February 20, 2016.
F4 The option was granted on February 21, 2014, and vests in three equal annual installments beginning February 21, 2015.
F5 The option was granted on February 22, 2019, and vests in three equal annual installments beginning February 22, 2020.