Rashida La Lande - Mar 1, 2024 Form 4 Insider Report for Kraft Heinz Co (KHC)

Signature
/s/ Nicole Fritz by Power of Attorney
Stock symbol
KHC
Transactions as of
Mar 1, 2024
Transactions value $
-$1,272,210
Form type
4
Date filed
3/5/2024, 05:06 PM
Previous filing
Nov 28, 2023
Next filing
May 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KHC Common Stock Award $0 +25.2K +16.27% $0.00 180K Mar 1, 2024 Direct F1, F2
transaction KHC Common Stock Award $0 +7.01K +3.89% $0.00 187K Mar 1, 2024 Direct F3
transaction KHC Common Stock Award $0 +16.2K +8.65% $0.00 203K Mar 1, 2024 Direct F4
transaction KHC Common Stock Tax liability -$705K -20.1K -9.87% $35.13 183K Mar 1, 2024 Direct F5
transaction KHC Common Stock Sale -$568K -16.2K -8.85% $35.02 167K Mar 4, 2024 Direct F6, 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 1,347 shares acquired through a dividend reinvestment program.
F3 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.
F4 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.
F5 Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance share units and restricted stock units.
F6 Effected pursuant to a pre-arranged trading plan established in accordance with Rule 10b5-1 of the Securities Act of 1934, as amended.
F7 This transaction was executed in multiple trades at prices ranging from $34.85 to $35.155. The price reported above reflects the weighted average sale price. Ms. La Lande hereby undertakes to provide upon request to the SEC staff, the Issuer, or a stockholder of the Issuer full information regarding the number of shares and the prices at which the transaction was effected.