Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KLG | Dividend Equivalent Units | Award | $0 | +975 | +20.88% | $0.00 | 5.65K | Dec 13, 2024 | Common Stock | 975 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Represents dividend equivalent units (DEUs) accrued on restricted stock units (RSUs) previously granted to the Reporting Person under the WK Kellogg Co 2023 Long-Term Incentive Plan. The DEUs will vest on the same terms and conditions as the corresponding RSUs to which they relate. Each DEU represents the contingent right to receive one share of the Issuer's common stock. |
F2 | The number of DEUs previously reported as accrued on the RSUs previously granted to the Reporting Person was inadvertently overstated in the Form 4s filed by the Reporting Person on 3/19/2024, 6/18/2024 and 9/17/2024 (collectively, the Prior Filings). Accordingly, the total number of DEUs accrued to date on the RSUs has been reduced by an aggregate of 640.95 DEUs to correct the overstatements in the Prior Filings. |