G. Zachary Gund - Feb 14, 2024 Form 4 Insider Report for KELLANOVA (K)

Role
Director
Signature
John Min, Attorney-in-Fact
Stock symbol
K
Transactions as of
Feb 14, 2024
Transactions value $
$26,250
Form type
4
Date filed
2/14/2024, 04:22 PM
Previous filing
Feb 9, 2024
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding K Common 25.9K Feb 14, 2024 Held in Trust
holding K Common 3.66K Feb 14, 2024 See footnote* F1
holding K Common 9.2K Feb 14, 2024 See footnote** F2
holding K Common 1.62M Feb 14, 2024 See footnote*** F3

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
transaction K Phantom Stock Units Award $26.2K +472 +2.49% $55.62 19.5K Feb 14, 2024 Common 472 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 *These shares are held in a trust for the benefit of the reporting person and certain members of his family. The reporting person is one of several trustees and, in such capacity, may have voting and dispositive power over all such shares. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, and the filing of this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F2 **These shares are held by a limited liability company that is owned by a trust for the benefit of certain members of the reporting person's family. A family member of the reporting person is the trustee of the trust and the reporting person is the manager of the limited liability company. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, and the filing of this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F3 ***These shares are held in family partnerships, the partners of which include a trust for the benefit of the reporting person. The reporting person serves as a manager of these partnerships and, in such capacity, may have voting and dispositive power over all such shares. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, and the filing of this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F4 According to the terms of the Kellanova Deferred Compensation Plan for Non-Employee Directors, final value of phantom stock units is to be determined as of date of reporting person's retirement and paid in stock.