Flavio Torres - Mar 1, 2022 Form 4 Insider Report for Kraft Heinz Co (KHC)

Role
EVP & Global Chf Sply Chn Ofcr
Signature
/s/ Heidi Miller, by Power of Attorney
Stock symbol
KHC
Transactions as of
Mar 1, 2022
Transactions value $
$119,289
Form type
4
Date filed
3/3/2022, 05:50 PM
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KHC Common Stock Award $0 +5.49K +3.28% $0.00 173K Mar 1, 2022 Direct F1, F2
transaction KHC Common Stock Award $0 +10.3K +5.98% $0.00 183K Mar 1, 2022 Direct F3
transaction KHC Common Stock Award $119K +3.08K +1.68% $38.68 186K Mar 1, 2022 Direct F4
transaction KHC Common Stock Award $0 +10.3K +5.52% $0.00 197K Mar 1, 2022 Direct F5
transaction KHC Common Stock Award $0 +45.4K +23.11% $0.00 242K Mar 1, 2022 Direct F6

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) Award $0 +2.74K $0.00 2.74K Mar 1, 2022 Common Stock 2.74K $38.68 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the terms and conditions of the applicable award agreement, these restricted stock units are scheduled to settle in stock 100% on March 1, 2025.
F2 Includes an additional 6,599 shares acquired through a dividend reinvestment program.
F3 Subject to the terms and conditions of the applicable award agreement, these restricted stock units are scheduled to settle in stock 75% on March 1, 2025 and 25% on March 1, 2026.
F4 Common stock issued pursuant to the compensation committee approved Issuer's Bonus Swap Program.
F5 Subject to the terms and conditions of the applicable award agreement, these restricted stock units awarded pursuant to the Issuer's Bonus Swap Program are scheduled to settle in stock 100% on March 1, 2025.
F6 Represents the number of shares earned under performance share units granted on June 1, 2020 for which the first of two performance periods has been completed and achievement certified, and which earned units vest and settle with respect to 50% of the earned shares on June 1, 2022, and the remaining 50% of the earned shares in two equal installments on June 1, 2023 and June 1, 2024, in each case subject to the terms and conditions of the applicable award agreement.
F7 Subject to the terms and conditions of the applicable award agreement, options vest 100% on March 1, 2025.