Shumit Kapoor - 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, 05:16 PM
Previous filing
Aug 4, 2023
Next filing
Oct 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding K Common 4.82K 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 6.08K Oct 2, 2023 Common 6.08K Direct F2, F3, F4
holding K Restricted Stock Units 6.02K Oct 2, 2023 Common 6.02K Direct F2, F4, F5
holding K Restricted Stock Units 6.53K Oct 2, 2023 Common 6.53K Direct F2, F4, F6
holding K Stock Option 29.5K Oct 2, 2023 Common 29.5K $51.23 Direct F4, F7
* 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 19, 2022.