F. Navio Pedro - Mar 1, 2024 Form 4 Insider Report for Kraft Heinz Co (KHC)

Role
EVP & Pres. North America
Signature
/s/ Nicole Fritz by Power of Attorney
Stock symbol
KHC
Transactions as of
Mar 1, 2024
Transactions value $
-$6,815
Form type
4
Date filed
3/5/2024, 05:07 PM
Previous filing
Jan 10, 2024
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KHC Common Stock Award $0 +28.3K +18.43% $0.00 182K Mar 1, 2024 Direct F1
transaction KHC Common Stock Award $0 +17.8K +9.8% $0.00 200K Mar 1, 2024 Direct F2
transaction KHC Common Stock Award $188K +5.35K +2.68% $35.13 205K Mar 1, 2024 Direct F3
transaction KHC Common Stock Award $0 +1.95K +0.95% $0.00 207K Mar 1, 2024 Direct F4
transaction KHC Common Stock Award $0 +12.1K +5.86% $0.00 219K Mar 1, 2024 Direct F5
transaction KHC Common Stock Tax liability -$195K -5.54K -2.53% $35.13 214K Mar 1, 2024 Direct F6
* 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 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.
F3 Common stock issued pursuant to the compensation committee approved Bonus Investment Plan.
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 100% of which vest and settle in stock on March 1, 2024, subject to the terms and conditions of the applicable award agreement.
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 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.
F6 Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance share units and restricted stock units.