Melissa A. Howell - 02 Oct 2023 Form 4 Insider Report for KELLANOVA (K)

Role
Senior Vice President
Signature
John Min, Attorney-in-Fact
Issuer symbol
K
Transactions as of
02 Oct 2023
Net transactions value
$0
Form type
4
Filing time
04 Oct 2023, 17:15:46 UTC
Previous filing
22 Feb 2023
Next filing
30 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding K Common 50,573 02 Oct 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 6,312 02 Oct 2023 Common 6,312 Direct F2, F3, F4
holding K Restricted Stock Units 6,762 02 Oct 2023 Common 6,762 Direct F2, F4, F5
holding K Restricted Stock Units 8,011 02 Oct 2023 Common 8,011 Direct F2, F4, F6
holding K Stock Option 56,982 02 Oct 2023 Common 56,982 $50.18 Direct F4, F7
holding K Stock Option 36,247 02 Oct 2023 Common 36,247 $51.23 Direct F4, F8
holding K Stock Option 32,041 02 Oct 2023 Common 32,041 $57.96 Direct F4, F9
holding K Stock Option 43,075 02 Oct 2023 Common 43,075 $61.62 Direct F4, F10
holding K Stock Option 36,179 02 Oct 2023 Common 36,179 $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.