R. David Banyard - Jun 17, 2024 Form 4 Insider Report for WK Kellogg Co (KLG)

Role
Director
Signature
/s/ Gordon Paulson, Attorney-in-Fact
Stock symbol
KLG
Transactions as of
Jun 17, 2024
Transactions value $
$2,685
Form type
4
Date filed
6/18/2024, 05:56 PM
Previous filing
May 17, 2024
Next filing
Sep 17, 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 $2.69K +151 +67.72% $17.75 375 Jun 17, 2024 Common Stock 151 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 WK Kellogg Co common stock acquired for the benefit of the Reporting Person under the WK Kellogg Co non-employee director compensation program in connection with a cash dividend paid on shares of the common stock. Each share of phantom stock is the economic equivalent of one share of the WK Kellogg Co common stock. The shares become distributable to the Reporting Person or their beneficiary only upon the Separation of Service (within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended) of the Reporting Person from the Issuer.