Yang Xu - Aug 16, 2022 Form 4 Insider Report for Kraft Heinz Co (KHC)

Role: SVP, Glb Hd Corp Dev, Glb Trsr
Signature: /s/ Nicole Fritz, as Power of Attorney
Stock symbol: KHC
Transactions as of: Aug 16, 2022
Transactions value $: -$216,283
Form type: 4
Date filed: 8/18/2022, 06:04 PM
Previous filing: Jun 28, 2022
Next filing: Mar 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KHC	Common Stock	Tax liability	-$216K	-5.57K	-3.07%	$38.83	176K	Aug 16, 2022	Direct	F1
transaction	KHC	Common Stock	Award	$0	+20.5K	+11.68%	$0.00	196K	Aug 16, 2022	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance share units and restricted stock units.
F2	Represents the number of shares earned under performance share units granted on June 1, 2020 for which the second of two performance periods has been completed and achievement certified, and which units vested and settled with respect to 50% of the earned shares on June 1, 2022, and the remaining 50% of the earned shares vest 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.

Content

Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance share units and restricted stock units.

Represents the number of shares earned under performance share units granted on June 1, 2020 for which the second of two performance periods has been completed and achievement certified, and which units vested and settled with respect to 50% of the earned shares on June 1, 2022, and the remaining 50% of the earned shares vest 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.