R. David Banyard - Dec 19, 2023 Form 4 Insider Report for WK Kellogg Co (KLG)

Role
Director
Signature
/s/ Gordon Paulson, Attorney-in-Fact
Stock symbol
KLG
Transactions as of
Dec 19, 2023
Transactions value $
$1,578
Form type
4
Date filed
12/21/2023, 04:05 PM
Previous filing
Dec 11, 2023
Next filing
Feb 2, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KLG Phantom Stock Award $1.58K +127 $12.46 127 Dec 19, 2023 Common Stock 127 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's common stock acquired for the benefit of the Reporting Person under the Issuer's non-employee director compensation program in connection with a cash dividend paid on shares of the Issuer's common stock. Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock. The shares become distributable to the Reporting Person or his beneficiary only upon the Reporting Person's "separation of service" with the Issuer (within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended).