Gary H. Pilnick - 17 Feb 2023 Form 4 Insider Report for KELLOGG CO (K)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Feb 2023, 18:27:11 UTC
Prior SEC filing
10 Feb 2023
Next SEC filing
12 Sep 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Gary H Pilnick

Key filing fact

Gary H. Pilnick filed Form 4 for KELLOGG CO (K) on 22 Feb 2023.

Key facts

  • This page summarizes Gary H. Pilnick's Form 4 filing for KELLOGG CO (K).
  • 7 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 22 Feb 2023, 18:27.

Change

  • Previous filing in this sequence was filed on 10 Feb 2023.
  • Current net transaction value: -$2,573,161.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

K transaction

Common

Award

Transaction value
$0
Shares
+31,050
Change %
+148%
Price
$0.000000
Shares after
52,048
Date
17 Feb 2023
Ownership
Direct
Footnotes
F1
K transaction

Common

Tax liability

Transaction value
$789,721
Shares
-11,549
Change %
-22%
Price
$68.38
Shares after
40,499
Date
17 Feb 2023
Ownership
Direct
K transaction

Common

Options Exercise

Transaction value
$0
Shares
+8,877
Change %
+22%
Price
$0.000000
Shares after
49,376
Date
21 Feb 2023
Ownership
Direct
Footnotes
F2
K transaction

Common

Tax liability

Transaction value
$256,001
Shares
-3,715
Change %
-7.5%
Price
$68.91
Shares after
45,661
Date
21 Feb 2023
Ownership
Direct
K transaction

Common

Sale

Transaction value
$1,527,440
Shares
-22,197
Change %
-49%
Price
$68.81
Shares after
23,464
Date
22 Feb 2023
Ownership
Direct
Footnotes
F3
K holding

Common

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
296
Date
17 Feb 2023
Ownership
By 401(k) Profit Sharing Plan
K holding

Common

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,275
Date
17 Feb 2023
Ownership
Held in Trust by Spouse
K holding

Common

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
51,471
Date
17 Feb 2023
Ownership
Held in Trusts by Spouse and Children

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

K transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+7,650
Change %
Price
$0.000000
Shares after
7,650
Date
17 Feb 2023
Ownership
Direct
Underlying class
Common
Underlying amount
7,650
Exercise price
Footnotes
F2, F4
K transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-8,877
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Feb 2023
Ownership
Direct
Underlying class
Common
Underlying amount
8,877
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Settlement of performance rights granted February 21, 2020, in connection with the Company's 2020-2022 Executive Performance Plan, which are paid in stock.

Footnote F2

Each restricted stock unit represents a contingent right to receive one share of Kellogg common stock.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.51 to $69.25, inclusive. The reporting person undertakes to provide to Kellogg Company, any security holder of Kellogg Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

Footnote F4

The restricted stock units vest on February 17, 2026, the third anniversary of the grant date.

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