Calvin J. Kaufman - 31 Dec 2021 Form 4 Insider Report for KROGER CO (KR)

Role: Senior Vice President
Signature: /s/ Calvin J. Kaufman, by Dorothy D. Roberts, Attorney-in-Fact
Issuer symbol: KR
Transactions as of: 31 Dec 2021
Net transactions value: -$829,779
Form type: 4
Filing time: 03 Jan 2022, 09:24:56 UTC
Previous filing: 29 Dec 2021
Next filing: 09 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KR	Common Stock	Options Exercise	$587,168	+31,100	+21%	$18.88	181,498	31 Dec 2021	Direct
transaction	KR	Common Stock	Sale	$1,416,947	-31,100	-17%	$45.56	150,398	31 Dec 2021	Direct	F1

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	KR	Non-Qualified Stock Option	Options Exercise	$0	-6,668	-100%	$0.000000^*	0	31 Dec 2021	Common Stock	6,668	$18.88	Direct	F2
transaction	KR	Non-Qualified Stock Option	Options Exercise	$0	-24,432	-100%	$0.000000^*	0	31 Dec 2021	Common Stock	24,432	$18.88	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.56 to $45.59, inclusive. The reporting person undertakes to provide to The Kroger Co., any security holder of The Kroger Co., 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 above.
F2	These options were granted under a long-term incentive plan of The Kroger Co. and vested in equal annual installments over a five-year period, at the rate of 20% per year commencing one year from the date of the grant.

Content

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.56 to $45.59, inclusive. The reporting person undertakes to provide to The Kroger Co., any security holder of The Kroger Co., 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 above.

These options were granted under a long-term incentive plan of The Kroger Co. and vested in equal annual installments over a five-year period, at the rate of 20% per year commencing one year from the date of the grant.