Rodrigo Lance - 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 $
-$154,928
Form type
4
Date filed
2/22/2023, 06:28 PM
Previous filing
Feb 10, 2023
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction K Common Award $0 +5.72K +59.74% $0.00 15.3K Feb 17, 2023 Direct F1
transaction K Common Tax liability -$122K -1.79K -11.66% $68.38 13.5K Feb 17, 2023 Direct
transaction K Common Options Exercise $0 +1.64K +12.1% $0.00 15.2K Feb 21, 2023 Direct F2
transaction K Common Tax liability -$32.9K -477 -3.15% $68.91 14.7K Feb 21, 2023 Direct
holding K Common 69.3 Feb 17, 2023 By 401(k) Profit Sharing Plan

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 +3.42K $0.00 3.42K Feb 17, 2023 Common 3.42K Direct F2, F3
transaction K Restricted Stock Units Options Exercise $0 -1.64K -100% $0.00* 0 Feb 21, 2023 Common 1.64K 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.