SEC Form 4 · accession 0001225208-19-003729
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 22, 2019
Accepted (ET)
Feb 26, 2019 · 4:34 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 22, 2019 | A | 10,540 | $56.73 | A | 67,968 | D | |
| Common | Feb 22, 2019 | F | 3,074 | $56.73 | D | 64,894 | D | |
| Common | holding | — | — | — | 257 | 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 22, 2019 | A | 3,690 | A | Feb 22, 2022 | Feb 22, 2022 | Common | 3,690 | 3,690 | D |
| Stock OptionF4 | $56.73 | Feb 22, 2019 | A | 73,660 | A | — | Feb 22, 2029 | Common | 73,660 | 73,660 | D |
Explanation of responses
- F1Settlement of performance rights granted February 19, 2016, in connection with the Company's 2016-2018 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 22, 2022, the third anniversary of the grant date.
- F4The option vests in three equal annual installments beginning February 22, 2020.