SEC Form 4 · accession 0001225208-17-016955
KELLOGG CO · K
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald R Knauss
Director
Period of report
Nov 2, 2017
Accepted (ET)
Nov 6, 2017 · 7:07 am 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 |
|---|---|---|---|---|---|---|---|---|
| Common | Nov 2, 2017 | M | 5,000 | $47.80 | A | 5,000 | D | |
| Common | Nov 2, 2017 | M | 1,931 | $54.65 | A | 6,931 | D | |
| CommonF1 | Nov 2, 2017 | S | 6,846 | $62.5697 | D | 85 | D | |
| CommonF2 | holding | — | — | — | 29,015 | 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 | $54.65 | Nov 2, 2017 | M | 1,931 | D | Jun 6, 2008 | Dec 6, 2017 | Common | 1,931 | 0 | D |
| Stock Option | $47.80 | Nov 2, 2017 | M | 5,000 | D | Jul 31, 2008 | Jan 31, 2018 | Common | 5,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.36 to $62.87, 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.
- F2Excludes dividends reinvested after January 1, 2017.
- F3Reflects exercise of options due to expire December 6, 2017. Mr. Knauss took a portion of the after tax proceeds of the options exercise in Kellogg stock, increasing his share ownership by 15 shares.
- F4Reflects exercise of options due to expire January 31, 2018. Mr. Knauss took a portion of the after tax proceeds of the options exercise in Kellogg stock, increasing his share ownership by 70 shares.