Melissa A. Howell - Oct 2, 2023 Form 4 Insider Report for KELLANOVA (K)

Role
Senior Vice President
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
Feb 22, 2023
Next filing
Oct 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding K Common 50.6K 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 6.31K Oct 2, 2023 Common 6.31K Direct F2, F3, F4
holding K Restricted Stock Units 6.76K Oct 2, 2023 Common 6.76K Direct F2, F4, F5
holding K Restricted Stock Units 8.01K Oct 2, 2023 Common 8.01K Direct F2, F4, F6
holding K Stock Option 57K Oct 2, 2023 Common 57K $50.18 Direct F4, F7
holding K Stock Option 36.2K Oct 2, 2023 Common 36.2K $51.23 Direct F4, F8
holding K Stock Option 32K Oct 2, 2023 Common 32K $57.96 Direct F4, F9
holding K Stock Option 43.1K Oct 2, 2023 Common 43.1K $61.62 Direct F4, F10
holding K Stock Option 36.2K Oct 2, 2023 Common 36.2K $64.48 Direct F4, F11
* 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 21, 2021.
F10 The option vests in three equal annual installments beginning February 16, 2019.
F11 The option vests in three equal annual installments beginning February 17, 2018.