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KROGER CO — Director's Dealing 2007
Mar 15, 2007
30047_dirs_2007-03-15_870a8a97-8b78-4382-b0d7-0eacb250ddcf.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KROGER CO (KR)
CIK: 0000056873
Period of Report: 2007-03-14
Reporting Person: PERRY M MARNETTE (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-03-14 | Common Stock | M | 6000 | $13.44 | Acquired | 96673.1323 | Direct |
| 2007-03-14 | Common Stock | M | 6000 | $13.4375 | Acquired | 102673.1323 | Direct |
| 2007-03-14 | Common Stock | S | 2400 | $26.54 | Disposed | 100273.1323 | Direct |
| 2007-03-14 | Common Stock | S | 3000 | $26.53 | Disposed | 97273.1323 | Direct |
| 2007-03-14 | Common Stock | S | 1900 | $26.52 | Disposed | 95373.1323 | Direct |
| 2007-03-14 | Common Stock | S | 2600 | $26.49 | Disposed | 92773.1323 | Direct |
| 2007-03-14 | Common Stock | S | 400 | $26.48 | Disposed | 92373.1323 | Direct |
| 2007-03-14 | Common Stock | S | 1000 | $26.47 | Disposed | 91373.1323 | Direct |
| 2007-03-14 | Common Stock | S | 700 | $26.46 | Disposed | 90673.1323 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-03-14 | Non-Qualified Performance Stock Option | $13.4375 | M | 6000 | Disposed | 2007-05-15 | Common Stock (6000) | Direct |
| 2007-03-14 | Non-Qualified Stock Option | $13.44 | M | 6000 | Disposed | 2007-05-15 | Common Stock (6000) | Direct |
Footnotes
F1: The 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.
F2: These options will vest during the first four years from the date of the grant only if the Company's stock price has achieved a 63% appreciation from the option price. Thereafter, the options vest only if the Company's stock price has achieved a minimum of 13% appreciation per annum from the date of grant or 200% appreciation, whichever is less. The options vest nine years and six months after grant, if not sooner vested.
F3: These 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.