SEC Form 4 · accession 0001225208-18-004411
KELLOGG CO · K
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul T Norman
Officer — Senior Vice President
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 5:15 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 23, 2018 | S | 7,097 | $67.6007 | D | 75,857 | D | |
| Common | Feb 26, 2018 | M | 84,600 | $59.95 | A | 160,457 | D | |
| Common | Feb 26, 2018 | M | 75,800 | $60.01 | A | 236,257 | D | |
| CommonF2 | Feb 26, 2018 | S | 160,400 | $68.9156 | D | 75,857 | D | |
| Common | holding | — | — | — | 135 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $59.95 | Feb 26, 2018 | M | 84,600 | D | — | Feb 21, 2024 | Common | 84,600 | 0 | D |
| Stock OptionF4 | $60.01 | Feb 26, 2018 | M | 75,800 | D | — | Feb 22, 2023 | Common | 75,800 | 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 $67.27 to $68.10, 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.90 to $69.15, 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.
- F3The option vests in three equal annual installments beginning February 21, 2015.
- F4The option vests in three equal annual installments beginning February 22, 2014.