Bruno Keller - 10 May 2021 Form 4 Insider Report for Kraft Heinz Co (KHC)

Role
Canada Zone President
Signature
/s/ Heidi Miller, by Power of Attorney
Issuer symbol
KHC
Transactions as of
10 May 2021
Net transactions value
-$350,783
Form type
4
Filing time
12 May 2021, 16:26:52 UTC
Next filing
18 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KHC Common Stock Options Exercise $250,032 +11,083 +7.3% $22.56 162,131 10 May 2021 Direct
transaction KHC Common Stock Options Exercise $257,813 +8,464 +5.2% $30.46 170,595 10 May 2021 Direct
transaction KHC Common Stock Sale $858,629 -19,725 -11% $43.53 152,306 10 May 2021 Direct F1

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 KHC Stock Options (right to buy) Options Exercise $0 -11,083 -100% $0.000000* 0 10 May 2021 Common Stock 11,083 $22.56 Direct F2
transaction KHC Stock Options (right to buy) Options Exercise $0 -8,464 -100% $0.000000* 0 10 May 2021 Common Stock 8,464 $30.46 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes an additional 1,436 shares acquired through a dividend reinvestment program.
F2 The Form 3 filed on 9/10/2019 (the "2019 Form 3") incorrectly reflected an original grant amount of 25,000 shares, which did not reflect the stock split applied pursuant to the terms of the Agreement and Plan of Merger, dated as of March 24, 2015, among H.J. Heinz Holding Corporation, Kite Merger Sub Corp., Kite Merger Sub LLC and Kraft Foods Group, Inc. (the "Merger Split"). The total shares of Issuer common stock subject to the stock option should have been reported as 11,083 shares.
F3 The 2019 Form 3 incorrectly reflected an original grant amount of 19,093 shares, including 574 "matching" shares, which did not reflect the Merger Split. The total shares of Issuer common stock subject to the stock option should have been reported as 8,464 shares, which included 254 "matching" shares.