Amit Banati - 17 Feb 2023 Form 4 Insider Report for KELLOGG CO (K)

Role
Vice Chairman & CFO
Signature
Gary H. Pilnick, Attorney-in-Fact
Issuer symbol
K
Transactions as of
17 Feb 2023
Net transactions value
-$1,209,853
Form type
4
Filing time
22 Feb 2023, 18:27:52 UTC
Previous filing
10 Feb 2023
Next filing
18 May 2023
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 +34,320 +65% $0.000000 87,093 17 Feb 2023 Direct F1
transaction K Common Tax liability $906,856 -13,262 -15% $68.38 73,831 17 Feb 2023 Direct
transaction K Common Options Exercise $0 +9,811 +13% $0.000000 83,642 21 Feb 2023 Direct F2
transaction K Common Tax liability $302,997 -4,397 -5.3% $68.91 79,245 21 Feb 2023 Direct

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 +9,660 $0.000000 9,660 17 Feb 2023 Common 9,660 Direct F2, F3
transaction K Restricted Stock Units Options Exercise $0 -9,811 -100% $0.000000* 0 21 Feb 2023 Common 9,811 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 21, 2020, in connection with the Company's 2020-2022 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 17, 2026, the third anniversary of the grant date.