SEC Form 4 · accession 0001225208-17-004107
KELLOGG CO · K
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Bryant
Officer — Chairman, Pres. & CEO/Trustee · Director · 10% Owner
Period of report
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 4:21 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 17, 2017 | A | 15,820 | $0.00 | A | 305,874 | D | |
| Common | Feb 17, 2017 | F | 5,384 | $72.90 | D | 300,490 | D | |
| Common | holding | — | — | — | 5,364 | I | By 401(k) Profit Sharing Plan |
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 17, 2017 | A | 111 | A | — | — | Common | 111 | 10,832 | D |
| Stock OptionF3 | $72.90 | Feb 17, 2017 | A | 230,900 | A | — | Feb 17, 2027 | Common | 230,900 | 230,900 | D |
Explanation of responses
- F1Settlement of performance rights granted February 21, 2014, in connection with the Company's 2014-2016 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 17, 2018.