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KELLANOVA — Director's Dealing 2023
Oct 30, 2023
30162_dirs_2023-10-30_23864397-0ad2-4674-acab-2c6ef9fd09b3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KELLANOVA (K)
CIK: 0000055067
Period of Report: 2023-10-26
Reporting Person: Min John (Chief Legal Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-10-26 | Restricted Stock Units | $ | A | 2183.0000 | Acquired | 2024-02-16 | Common (2183.0000) | Direct |
| 2023-10-26 | Restricted Stock Units | $ | A | 3066.0000 | Acquired | 2025-02-21 | Common (3066.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 5938.1350 | Direct |
| Common | 740.9940 | Indirect |
Footnotes
F1: Excludes dividends reinvested after January 1, 2023.
F2: Represent 2021-2023 Executive Performance Plan awards granted under the Kellanova Performance Stock Unit ("PSU") Plan (formerly known as the "Executive Performance Plan").
F3: Each restricted stock unit represents a contingent right to receive one share of Kellanova common stock.
F4: On October 26, 2023, the Kellanova Compensation and Talent Management Committee determined the actual performance through the effective time of the Distribution (as defined below) of the PSU Plan Awards.
F5: The restricted stock units vest over three years and vest on the date of the Board meeting that occurs closest to the third anniversary of the grant date, which is expected to occur on February 16, 2024.
F6: On October 2, 2023, Kellanova completed a pro rata spinoff distribution ("Distribution") of all of its shares of WK Kellogg Co. In connection with the Distribution, pursuant to the terms of the Employee Matters Agreement, dated as of September 29, 2023 by and between Kellanova and WK Kellogg Co, equity awards held by the Reporting Person were equitably adjusted.
F7: Represent 2022-2024 Preformance Stock Unit awards granted under the Kellanova PSU Plan (formally known as the "Executive Performance Plan").
F8: The restricted stock units vest over three years and vest on the date of the Board meeting that occurs closest to the third anniversary of the grant date, which is expected to occur on February 21, 2025.