F. Navio Pedro - 01 Mar 2024 Form 4 Insider Report for Kraft Heinz Co (KHC)

Role
EVP & Pres. North America
Signature
/s/ Nicole Fritz by Power of Attorney
Issuer symbol
KHC
Transactions as of
01 Mar 2024
Transactions value $
-$6,815
Form type
4
Filing time
05 Mar 2024, 17:07:58 UTC
Previous filing
10 Jan 2024
Next filing
04 Jun 2024
SEC
View on sec.gov

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 01 Mar 2024 Direct F1
transaction KHC Common Stock Award $0 +17.8K +9.8% $0.00 200K 01 Mar 2024 Direct F2
transaction KHC Common Stock Award $188K +5.35K +2.68% $35.13 205K 01 Mar 2024 Direct F3
transaction KHC Common Stock Award $0 +1.95K +0.95% $0.00 207K 01 Mar 2024 Direct F4
transaction KHC Common Stock Award $0 +12.1K +5.86% $0.00 219K 01 Mar 2024 Direct F5
transaction KHC Common Stock Tax liability -$195K -5.54K -2.53% $35.13 214K 01 Mar 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.