SEC Form 4 · accession 0001225208-18-010484
KELLOGG CO · K
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven A Cahillane
Officer — Chairman, Pres. & CEO/Trustee · Director · 10% Owner
Period of report
Jun 7, 2018
Accepted (ET)
Jun 11, 2018 · 4:23 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 |
|---|---|---|---|---|---|---|---|---|
| Common | holding | — | — | — | 15,930 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | Jun 7, 2018 | A | 47,350 | A | Oct 2, 2020 | Oct 2, 2020 | Common | 47,350 | 94,700 | D |
| Restricted Stock UnitsF1,F2,F3 | — | Jun 7, 2018 | D | 47,350 | D | Oct 2, 2020 | Oct 2, 2020 | Common | 47,350 | 47,350 | D |
| Stock OptionF4,F5 | $69.66 | Jun 7, 2018 | A | 228,800 | A | — | Feb 16, 2028 | Common | 228,800 | 457,600 | D |
| Stock OptionF4,F5 | $69.66 | Jun 7, 2018 | D | 228,800 | D | — | Feb 16, 2028 | Common | 228,800 | 228,800 | D |
| Deferred Executive Compensation UnitsF6 | — | Jun 8, 2018 | A | 140 | A | — | — | Common | 140 | 1,644 | D |
Explanation of responses
- F1These restricted stock units were cancelled, and then immediately regranted with the identical terms and vesting schedule as the cancelled restricted stock units.
- F2Each restricted stock unit represents a contingent right to receive one share of Kellogg common stock.
- F3These restricted stock units will vest on October 2, 2020.
- F4These options were cancelled, and then immediately regranted with the identical terms, exercise price and vesting schedule as the cancelled options.
- F5The option vests in three equal annual installments beginning February 16, 2019.
- F6According 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.