Yang Xu - Mar 2, 2022 Form 3 Insider Report for Kraft Heinz Co (KHC)

Signature
/s/ Nicole Fritz, as Power of Attorney
Stock symbol
KHC
Transactions as of
Mar 2, 2022
Transactions value $
$0
Form type
3
Date filed
3/14/2022, 04:26 PM
Previous filing
Jun 21, 2021
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KHC Common Stock 197K Mar 2, 2022 Direct F1, F2, F3

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
holding KHC Stock Options (right to buy) Mar 2, 2022 Common Stock 34.3K $58.27 Direct F4
holding KHC Stock Options (right to buy) Mar 2, 2022 Common Stock 1.62K $37.09 Direct F5
holding KHC Stock Options (right to buy) Mar 2, 2022 Common Stock 1.78K $38.68 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes: (i) 27,128 shares of common stock; (ii) 8,027 shares acquired through a dividend reinvestment program; (iii) 7,871 shares earned under performance share units ("PSUs") granted on August 16, 2019 for which the performance period has been completed and achievement certified, and which earned units are scheduled to settle in stock 50% on August 16, 2022 and 50% on August 16, 2023; (iv) 2,952 restricted stock units ("RSUs") awarded on August 16, 2019 and scheduled to settle in stock 100% on August 16, 2022; (v) 11,807 RSUs awarded on August 16, 2019 and scheduled to settle in stock 50% on August 16, 2022 and 50% on August 16, 2023; (vi) 5,807 RSUs awarded on August 16, 2019 and scheduled to settle in stock 100% on August 16, 2024;
F2 (continued from footnote 1) (vii) 10,553 RSUs awarded on March 2, 2020 pursuant to the Issuer's Bonus Swap Program and scheduled to settle in stock 100% on March 2, 2023; (viii) 18,923 shares earned under PSUs granted on June 1, 2020 for which the first of two performance periods has been completed and achievement certified, and which earned units are scheduled to vest and settle in stock 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; (ix) 9,862 RSUs awarded on June 1, 2020 and scheduled to settle in stock 50% on June 1, 2022 and 50% on June 1, 2023; (x) 41,092 RSUs awarded on June 1, 2020 and scheduled to settle in stock 50% on June 1, 2022, 25% on June 1, 2023, and 25% on June 1, 2024; (xi) 3,236 RSUs awarded on March 1, 2021 and scheduled to settle in stock 100% on March 1, 2024;
F3 (continued from footnote 2) (xii) 5,393 RSUs awarded on March 1, 2021 and schedule to settle in stock 75% on March 1, 2024 and 25% on March 1, 2025; (xiii) 9,304 RSUs awarded on March 1, 2021 pursuant to the Issuer's Bonus Swap Program and scheduled to settle in stock 100% on March 1, 2024; (xiv) 3,568 RSUs and scheduled to settle in stock 100% on March 1, 2025; (xv) 15,512 RSUs awarded on March 1, 2022 and scheduled to settle in stock 75% on March 1, 2025 and 25% on March 1, 2026; and (xvi) 15,806 RSUs awarded on March 1, 2022 pursuant to the Issuer's Bonus Swap Program and scheduled to settle in stock 100% on March 1, 2025. The PSUs and RSUs are subject to the terms and conditions of the applicable award agreements.
F4 Subject to the terms and conditions of the applicable award agreement, options vest 100% on August 31, 2023.
F5 Subject to the terms and conditions of the applicable award agreement, options vest 100% on March 1, 2024.
F6 Subject to the terms and conditions of the applicable award agreement, options vest 100% on March 1, 2025.