SEC Form 4 · accession 0001225208-18-003558
KELLOGG CO · K
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary H Pilnick
Officer — Vice Chairman
Period of report
Feb 16, 2018
Accepted (ET)
Feb 21, 2018 · 4:18 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 16, 2018 | A | 7,800 | $69.66 | A | 63,774 | D | |
| Common | Feb 16, 2018 | F | 2,911 | $69.66 | D | 60,863 | D | |
| Common | holding | — | — | — | 248 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Feb 16, 2018 | A | 2,700 | A | Feb 16, 2021 | Feb 16, 2021 | Common | 2,700 | 2,700 | D |
| Stock OptionF4 | $69.66 | Feb 16, 2018 | A | 60,600 | A | — | Feb 16, 2028 | Common | 60,600 | 60,600 | D |
Explanation of responses
- F1Settlement of performance rights granted February 20, 2015, in connection with the Company's 2015-2017 Executive Performance Plan, which are payable in stock.
- F2Each restricted stock unit represents a contingent right to receive one share of Kellogg common stock.
- F3The restricted stock units vest on February 16, 2021, the third anniversary of the grant date.
- F4The option vests in three equal annual installments beginning February 16, 2019.