Miguel Patricio - Aug 16, 2021 Form 4 Insider Report for Kraft Heinz Co (KHC)

Role
Chief Executive Officer, Director
Signature
/s/ Nicole Fritz, by Power of Attorney
Stock symbol
KHC
Transactions as of
Aug 16, 2021
Transactions value $
-$12,678,692
Form type
4
Date filed
8/18/2021, 05:05 PM
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KHC Common Stock Award $0 +787K +49.44% $0.00 2.38M Aug 16, 2021 Direct F1, F2
transaction KHC Common Stock Tax liability -$12.7M -334K -14.02% $38.01 2.05M Aug 16, 2021 Direct F3
* 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 15,046 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.