Vince Garlati - Mar 1, 2024 Form 4 Insider Report for Kraft Heinz Co (KHC)

Role
VP, Global Controller (PAO)
Signature
/s/ Nicole Fritz by Power of Attorney
Stock symbol
KHC
Transactions as of
Mar 1, 2024
Transactions value $
-$286,345
Form type
4
Date filed
3/5/2024, 05:06 PM
Previous filing
Sep 1, 2023
Next filing
Nov 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KHC Common Stock Award $0 +8.22K +11.14% $0.00 82K Mar 1, 2024 Direct F1, F2
transaction KHC Common Stock Award $0 +8.53K +10.41% $0.00 90.5K Mar 1, 2024 Direct F3
transaction KHC Common Stock Award $120K +3.41K +3.77% $35.13 93.9K Mar 1, 2024 Direct F4
transaction KHC Common Stock Award $0 +2.08K +2.21% $0.00 96K Mar 1, 2024 Direct F5
transaction KHC Common Stock Award $0 +8.09K +8.43% $0.00 104K Mar 1, 2024 Direct F6
transaction KHC Common Stock Tax liability -$406K -11.6K -11.11% $35.13 92.5K Mar 1, 2024 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 75% on March 1, 2027 and 25% on March 1, 2028.
F2 Includes an additional 1,211 shares acquired through a dividend reinvestment program.
F3 Subject to the terms and conditions of the applicable award agreement, these restricted stock units awarded pursuant to the Issuer's Bonus Investment Plan are scheduled to settle in stock 100% on March 1, 2027.
F4 Common stock issued pursuant to the compensation committee approved Issuer's Bonus Investment Plan.
F5 Represents the number of shares earned under performance share units granted on March 1, 2021 for which the performance period has been completed and achievement certified, and 100% of which vest and settle in stock on March 1, 2024, subject to the terms and conditions of the applicable award agreement.
F6 Represents the number of shares earned under performance share units granted on March 1, 2021 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: 75% on March 1, 2024 and 25% 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.