KELLANOVA — Director's Dealing 2023

Feb 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KELLOGG CO (K)
CIK: 0000055067
Period of Report: 2023-02-17

Reporting Person: PILNICK GARY H (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-17	Common	A	31050.0000	$0.0000	Acquired	52048.1720	Direct
2023-02-17	Common	F	11549.0000	$68.3800	Disposed	40499.1720	Direct
2023-02-21	Common	M	8876.9660	—	Acquired	49376.1380	Direct
2023-02-21	Common	F	3715.0000	$68.9100	Disposed	45661.1380	Direct
2023-02-22	Common	S	22197.0000	$68.8129	Disposed	23464.1380	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-17	Restricted Stock Units	$	A	7650.0000	Acquired	2026-02-17	Common (7650.0000)	Direct
2023-02-21	Restricted Stock Units	$	M	8876.9660	Disposed	2023-02-21	Common (8876.9660)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	296.4740	Indirect
Common	1275.0000	Indirect
Common	51471.0377	Indirect

Footnotes

F1: Settlement of performance rights granted February 21, 2020, in connection with the Company's 2020-2022 Executive Performance Plan, which are paid in stock.

F2: Each restricted stock unit represents a contingent right to receive one share of Kellogg common stock.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.51 to $69.25, 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.

F4: The restricted stock units vest on February 17, 2026, the third anniversary of the grant date.