Victor Marroquin - Feb 16, 2024 Form 4 Insider Report for KELLANOVA (K)

Role
Senior Vice President
Signature
John Min, Attorney-in-Fact
Stock symbol
K
Transactions as of
Feb 16, 2024
Transactions value $
-$81,033
Form type
4
Date filed
2/21/2024, 04:19 PM
Previous filing
Feb 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction K Common Options Exercise $0 +2.77K +67.47% $0.00 6.87K Feb 16, 2024 Direct F1
transaction K Common Tax liability -$53.8K -970 -14.12% $55.47 5.9K Feb 16, 2024 Direct
transaction K Common Options Exercise $0 +1.2K +20.3% $0.00 7.1K Feb 19, 2024 Direct F1
transaction K Common Tax liability -$23.3K -420 -5.92% $55.47 6.68K Feb 19, 2024 Direct
transaction K Common Options Exercise $132K +2.49K +37.25% $53.03 9.16K Feb 21, 2024 Direct
transaction K Common Sale -$136K -2.43K -26.48% $55.96 6.74K Feb 21, 2024 Direct

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 Restricted Stock Units Options Exercise $0 -2.77K -100% $0.00* 0 Feb 16, 2024 Common 2.77K Direct F1
transaction K Restricted Stock Units Award $0 +3.16K $0.00 3.16K Feb 16, 2024 Common 3.16K Direct F1, F2
transaction K Restricted Stock Units Options Exercise $0 -1.2K -100% $0.00* 0 Feb 19, 2024 Common 1.2K Direct F1
transaction K Stock Option Options Exercise $0 -2.49K -100% $0.00* 0 Feb 21, 2024 Common 2.49K $53.03 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Kellanova common stock.
F2 The restricted stock units vest on February 16, 2027, the third anniversary of the grant date.
F3 The option was granted on February 21, 2014, and vests in three equal annual installments beginning February 21, 2015.