Rashida La Lande - Aug 16, 2021 Form 4 Insider Report for Kraft Heinz Co (KHC)

Role: SVP, Global Gen Csl & Corp Sec
Signature: /s/ Heidi Miller, by Power of Attorney
Stock symbol: KHC
Transactions as of: Aug 16, 2021
Transactions value $: -$3,421,120
Form type: 4
Date filed: 8/18/2021, 05:02 PM
Next filing: Dec 2, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KHC	Common Stock	Award	$0	+98.4K	+41.33%	$0.00	336K	Aug 16, 2021	Direct	F1, F2
transaction	KHC	Common Stock	Tax liability	-$1.98M	-52.1K	-15.5%	$38.01	284K	Aug 16, 2021	Direct	F3
transaction	KHC	Common Stock	Sale	-$1.14M	-30.3K	-10.65%	$37.70	254K	Aug 17, 2021	Direct	F4, F5
transaction	KHC	Common Stock	Sale	-$297K	-7.88K	-3.1%	$37.70	246K	Aug 17, 2021	Direct	F4, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares earned under performance share units granted on August 16, 2019 for which the performance period has been completed and achievement certified, and which vest and settle in stock as follows, subject to the terms and conditions of the applicable award agreement: 50% on the second anniversary of the grant date, 25% on the third anniversary of the grant date, and the remaining 25% on the fourth anniversary of the grant date.
F2	Includes an additional 4,137 shares acquired through a dividend reinvestment program.
F3	Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance share units and restricted stock units.
F4	Effected pursuant to a pre-arranged trading plan established in accordance with Rule 10b5-1 of the Securities Act of 1934, as amended.
F5	This transaction was executed in multiple trades at prices ranging from $37.525 to $37.89. The price reported above reflects the weighted average sale price. Ms. La Lande hereby undertakes to provide upon request to the SEC staff, the Issuer, or a stockholder of the Issuer full information regarding the number of shares and the prices at which the transaction was effected.
F6	This transaction was executed in multiple trades at prices ranging from $37.53 to $37.86. The price reported above reflects the weighted average sale price. Ms. La Lande hereby undertakes to provide upon request to the SEC staff, the Issuer, or a stockholder of the Issuer full information regarding the number of shares and the prices at which the transaction was effected.