SEC Form 4 · accession 0001209191-16-132247
KROGER CO · KR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary Elizabeth Van Oflen
Officer — Vice President & Controller
Period of report
Jul 8, 2016
Accepted (ET)
Jul 11, 2016 · 11:25 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000056873
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 8, 2016 | M | 12,000 | $14.135 | A | 82,349 | D | |
| Common StockF1,F2,F3 | Jul 8, 2016 | S | 12,000 | $37.848 | D | 70,349 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF4 | $14.135 | Jul 8, 2016 | M | 12,000 | D | — | Jun 28, 2017 | Common Stock | 12,000 | 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 $37.84 to $37.855, inclusive. The reporting person undertakes to provide to The Kroger Co., any security holder of The Kroger Co., 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 above.
- F2Between March 31, 2016 and June 30, 2016, the reporting person acquired 70.5971 shares of Kroger common stock in the Company's employee benefit plans, based on information from plan trustees.
- F3The total amount of securities directly owned by the reporting person includes shares in the Company's employee benefit plans that are deemed to be 'tax-conditioned plans' pursuant to Rule 16b-3, to the extent disclosed on reports received from plan trustees.
- F4These options were granted under a long-term incentive plan of The Kroger Co. and vest in equal annual installments in whole amounts over a five-year period, at the rate of 20% per year commencing one year from the date of the grant.