Christopher M. Hood - Oct 2, 2023 Form 4 Insider Report for KELLANOVA (K)

Signature
John Min, Attorney-in-Fact
Stock symbol
K
Transactions as of
Oct 2, 2023
Transactions value $
$0
Form type
4
Date filed
10/4/2023, 05:15 PM
Previous filing
May 10, 2023
Next filing
Oct 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding K Common 45.9K Oct 2, 2023 Direct 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
holding K Restricted Stock Units 11.7K Oct 2, 2023 Common 11.7K Direct F2, F3, F4
holding K Restricted Stock Units 11.4K Oct 2, 2023 Common 11.4K Direct F2, F4, F5
holding K Restricted Stock Units 14.8K Oct 2, 2023 Common 14.8K Direct F2, F4, F6
holding K Stock Option 87.7K Oct 2, 2023 Common 87.7K $50.18 Direct F4, F7
holding K Stock Option 67.1K Oct 2, 2023 Common 67.1K $51.23 Direct F4, F8
holding K Stock Option 38.8K Oct 2, 2023 Common 38.8K $56.69 Direct F4, F9
holding K Stock Option 57K Oct 2, 2023 Common 57K $57.96 Direct F4, F10
holding K Stock Option 54.3K Oct 2, 2023 Common 54.3K $61.62 Direct F4, F11
holding K Stock Option 48.4K Oct 2, 2023 Common 48.4K $64.48 Direct F4, F12
holding K Stock Option 55.4K Oct 2, 2023 Common 55.4K $66.80 Direct F4, F13
* 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, 2023.
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.
F4 On October 2, 2023, Kellanova (f/k/a Kellogg Company) ("Kellanova") completed a prorata spinoff distribution ("Distribution") of all of its shares of WK Kellogg Co. In connection with the Distribution, pursuant to the terms of the Employee Matters Agreement, dated as of September 29, 2023 by and between Kellanova and WK Kellogg Co, equity awards held by the Reporting Person, and where applicable, exercise prices, were equitably adjusted.
F5 The restricted stock units vest on February 18, 2025, the third anniversary of the grant date.
F6 The restricted stock units vest on February 19, 2024, the third anniversary of the grant date.
F7 The option vests in three equal annual installments beginning February 22, 2020.
F8 The option vests in three equal annual installments beginning February 19, 2022.
F9 The option vests in three equal annual installments beginning February 20, 2016.
F10 The option vests in three equal annual installments beginning February 21, 2021.
F11 The option vests in three equal annual installments beginning February 16, 2019.
F12 The option vests in three equal annual installments beginning February 17, 2018.
F13 The option vests in three equal annual installments beginning February 19, 2017.