CHRISTOPHER M. HOOD - 18 Feb 2022 Form 4 Insider Report for KELLOGG CO (K)

Role
Senior Vice President
Signature
Gary H. Pilnick, Attorney-in-Fact
Issuer symbol
K
Transactions as of
18 Feb 2022
Net transactions value
-$1,164,214
Form type
4
Filing time
23 Feb 2022, 16:11:54 UTC
Previous filing
11 Feb 2022
Next filing
30 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction K Common Award $0 +21,651 +67% $0.000000 53,834 18 Feb 2022 Direct F1
transaction K Common Tax liability $530,344 -8,027 -15% $66.07 45,807 18 Feb 2022 Direct
transaction K Common Options Exercise $0 +4,330 +9.5% $0.000000 50,137 22 Feb 2022 Direct F2
transaction K Common Tax liability $129,926 -1,965 -3.9% $66.12 48,172 22 Feb 2022 Direct
transaction K Common Sale $503,944 -7,575 -16% $66.53 40,597 23 Feb 2022 Direct F3

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 Award $0 +9,460 $0.000000 9,460 18 Feb 2022 Common 9,460 Direct F2, F4
transaction K Restricted Stock Units Options Exercise $0 -4,330 -100% $0.000000* 0 22 Feb 2022 Common 4,330 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of performance rights granted February 22, 2019, in connection with the Company's 2019-2021 Executive Performance Plan, which are paid in stock.
F2 Each restricted stock unit represents a contingent right to receive one share of Kellogg common stock.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.44 to $66.62, 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.
F4 The restricted stock units vest on February 18, 2025, the third anniversary of the grant date.