DAVID LAWLOR - 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, 17:15:59 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 31,110 02 Oct 2023 Direct F1
holding K Common 3,828 02 Oct 2023 Held in Trust 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 6,080 02 Oct 2023 Common 6,080 Direct F2, F3, F4
holding K Restricted Stock Units 7,749 02 Oct 2023 Common 7,749 Direct F2, F4, F5
holding K Restricted Stock Units 7,413 02 Oct 2023 Common 7,413 Direct F2, F4, F6
holding K Stock Option 43,833 02 Oct 2023 Common 43,833 $50.18 Direct F4, F7
holding K Stock Option 33,567 02 Oct 2023 Common 33,567 $51.23 Direct F4, F8
holding K Stock Option 5,502 02 Oct 2023 Common 5,502 $56.69 Direct F4, F9
holding K Stock Option 32,369 02 Oct 2023 Common 32,369 $57.96 Direct F4, F10
holding K Stock Option 11,566 02 Oct 2023 Common 11,566 $61.62 Direct F4, F11
holding K Stock Option 9,610 02 Oct 2023 Common 9,610 $64.48 Direct F4, F12
* 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.