Melissa A. Howell - Feb 17, 2023 Form 4 Insider Report for KELLOGG CO (K)

Role: Senior Vice President
Signature: Gary H. Pilnick, Attorney-in-Fact
Stock symbol: K
Transactions as of: Feb 17, 2023
Transactions value $: -$711,875
Form type: 4
Date filed: 2/22/2023, 06:28 PM
Previous filing: Feb 10, 2023
Next filing: Oct 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	K	Common	Award	$0	+22.1K	+67.76%	$0.00	54.7K	Feb 17, 2023	Direct	F1
transaction	K	Common	Tax liability	-$520K	-7.61K	-13.92%	$68.38	47K	Feb 17, 2023	Direct
transaction	K	Common	Options Exercise	$0	+6.31K	+13.41%	$0.00	53.4K	Feb 21, 2023	Direct	F2
transaction	K	Common	Tax liability	-$192K	-2.78K	-5.22%	$68.91	50.6K	Feb 21, 2023	Direct

Showing 1 to 4 of 4 entries

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	+5.43K		$0.00	5.43K	Feb 17, 2023	Common	5.43K		Direct	F2, F3
transaction	K	Restricted Stock Units	Options Exercise	$0	-6.31K	-100%	$0.00^*	0	Feb 21, 2023	Common	6.31K		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.