KELLANOVA - 01 Oct 2023 Form 4 Insider Report for WK Kellogg Co (KLG)

Role
10%+ Owner
Signature
Kellanova , By: /s/ John Min, Chief Legal Officer
Issuer symbol
KLG
Transactions as of
01 Oct 2023
Net transactions value
$0
Form type
4
Filing time
03 Oct 2023, 16:30:15 UTC
Previous filing
12 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLG Common Stock Other $0 +85,629,489 +8562949% $0.000000 85,630,489 01 Oct 2023 Direct F1
transaction KLG Common Stock Other $0 -85,630,489 -100% $0.000000* 0 02 Oct 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

KELLANOVA is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with the spin-off of WK Kellogg Co ("WK Kellogg") by Kellanova (f/k/a Kellogg Company), Kellanova received 85,629,489 shares of WK Kellogg common stock, which when combined with the 1,000 shares of common stock held by Kellanova prior thereto, equals the number of WK Kellogg shares distributed by Kellanova in the Distribution, as such term is defined in the Separation and Distribution Agreement by and between Kellanova and WK Kellogg, dated as of September 29, 2023 (the "Separation Agreement").
F2 In connection with the spin-off of WK Kellogg Co by Kellanova and pursuant to the terms and conditions of the Separation Agreement, Kellanova effected the Distribution on October 2, 2023 and distributed all shares of WK Kellogg Co on a pro rata basis to the holders of record of its common stock as of September 21, 2023, the record date for the Distribution.