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

Role
Vice Chairman & CFO
Signature
Gary H. Pilnick, Attorney-in-Fact
Stock symbol
K
Transactions as of
Feb 17, 2023
Transactions value $
-$1,209,853
Form type
4
Date filed
2/22/2023, 06:27 PM
Previous filing
Feb 10, 2023
Next filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction K Common Award $0 +34.3K +65.03% $0.00 87.1K Feb 17, 2023 Direct F1
transaction K Common Tax liability -$907K -13.3K -15.23% $68.38 73.8K Feb 17, 2023 Direct
transaction K Common Options Exercise $0 +9.81K +13.29% $0.00 83.6K Feb 21, 2023 Direct F2
transaction K Common Tax liability -$303K -4.4K -5.26% $68.91 79.2K Feb 21, 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 +9.66K $0.00 9.66K Feb 17, 2023 Common 9.66K Direct F2, F3
transaction K Restricted Stock Units Options Exercise $0 -9.81K -100% $0.00* 0 Feb 21, 2023 Common 9.81K 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.