SEC Form 4 · accession 0001225208-15-005465
KELLOGG CO · K
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Bryant
Officer — Chairman, President and CEO · Director
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 5:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000055067
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Feb 20, 2015 | A | 12,110 | $0.00 | A | 214,319 | D | |
| Common | Feb 20, 2015 | F | 3,886 | $64.09 | D | 210,433 | D | |
| Common | holding | — | — | — | 5,039 | I | By 401(k) Profit Sharing Plan | |
| Common | holding | — | — | — | 38,216 | I | Held in Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Executive Compensation UnitsF2 | — | Feb 20, 2015 | A | 94 | A | — | — | Common | 94 | 5,516 | D |
| Stock OptionF3 | $64.09 | Feb 20, 2015 | A | 272,000 | A | — | Feb 20, 2025 | Common | 272,000 | 272,000 | D |
Explanation of responses
- F1Settlement of performance rights granted February 17, 2012, in connection with the Company's 2012-2014 Executive Performance Plan, which are payable in stock.
- F2According to the terms of the Executive Compensation Deferral Plan, each share of phantom stock units is the economic equivalent of one share of Kellogg common stock and may be paid only in stock following the last day of the reporting person's employment.
- F3The option vests in three equal annual installments beginning February 20, 2016.