KURT D. FORCHE - 26 Aug 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
26 Aug 2022
Net transactions value
-$60,912
Form type
4
Filing time
30 Aug 2022, 16:17:15 UTC
Previous filing
23 Feb 2022
Next filing
10 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction K Common Options Exercise $226,920 +4,000 +82% $56.73 8,906 26 Aug 2022 Direct F1
transaction K Common Options Exercise $140,998 +2,200 +25% $64.09 11,106 26 Aug 2022 Direct F1
transaction K Common Options Exercise $131,890 +2,200 +20% $59.95 13,306 26 Aug 2022 Direct F1
transaction K Common Sale $560,720 -7,425 -56% $75.52 5,881 26 Aug 2022 Direct F1, F2
holding K Common 115 26 Aug 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 -2,200 -100% $0.000000* 0 26 Aug 2022 Common 2,200 $64.09 Direct F3
transaction K Stock Option Options Exercise $0 -2,200 -100% $0.000000* 0 26 Aug 2022 Common 2,200 $59.95 Direct F4
transaction K Stock Option Options Exercise $0 -4,000 -29% $0.000000 9,750 26 Aug 2022 Common 4,000 $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.