SEC Form 4 · accession 0001225208-16-038111
KELLOGG CO · K
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John T Dillon
Director
Period of report
Aug 17, 2016
Accepted (ET)
Aug 18, 2016 · 4:45 pm EDT
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 | Aug 17, 2016 | M | 5,000 | $49.52 | A | 32,562 | D | |
| CommonF2,F1 | Aug 17, 2016 | S | 3,000 | $82.6621 | D | 29,562 | D | |
| Common | holding | — | — | — | 250 | I | Custodian for Son | |
| CommonF1 | holding | — | — | — | 44,660 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $49.52 | Aug 17, 2016 | M | 5,000 | D | Jul 31, 2007 | Jan 31, 2017 | Common | 5,000 | 0 | D |
Explanation of responses
- F1Excludes dividends reinvested after January 1, 2016.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.66 to $82.67, 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.
- F3Reflects exercise of options due to expire January 31, 2017. Mr. Dillon took all after tax proceeds of the options exercise in Kellogg stock, increasing his share ownership by approximately 2,000 shares.