Carlos Abrams-Rivera - Aug 16, 2021 Form 4 Insider Report for Kraft Heinz Co (KHC)

Role
EVP & President, North America
Signature
/s/ Heidi Miller, by Power of Attorney
Stock symbol
KHC
Transactions as of
Aug 16, 2021
Transactions value $
-$3,211,481
Form type
4
Date filed
3/3/2022, 05:58 PM
Next filing
Jan 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KHC Common Stock Award $0 +95.9K +29.32% $0.00 423K Aug 16, 2021 Direct F1
transaction KHC Common Stock Award $0 +10.3K +2.37% $0.00 447K Mar 1, 2022 Direct F2, F3
transaction KHC Common Stock Award $0 +41.4K +9.26% $0.00 488K Mar 1, 2022 Direct F4
transaction KHC Common Stock Award $276K +7.13K +1.46% $38.68 495K Mar 1, 2022 Direct F5
transaction KHC Common Stock Award $0 +23.8K +4.8% $0.00 519K Mar 1, 2022 Direct F6
transaction KHC Common Stock Tax liability -$3.49M -89.3K -17.2% $39.07 430K Mar 2, 2022 Direct F7

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 +5.17K $0.00 5.17K Mar 1, 2022 Common Stock 5.17K $38.68 Direct F8
* 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 March 2, 2020 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 March 2, 2022, 25% on March 2, 2023, and the remaining 25% March 2, 2024.
F2 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.
F3 Includes an additional 13,457 shares acquired through a dividend reinvestment program.
F4 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.
F5 Common stock issued pursuant to the compensation committee approved Issuer's Bonus Swap Program.
F6 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.
F7 Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance share units and restricted stock units.
F8 Subject to the terms and conditions of the applicable award agreement, options vest 100% on March 1, 2025.