Rashida La Lande - Aug 16, 2022 Form 4 Insider Report for Kraft Heinz Co (KHC)

Signature
/s/ Nicole Fritz, by Power of Attorney
Stock symbol
KHC
Transactions as of
Aug 16, 2022
Transactions value $
-$1,164,978
Form type
4
Date filed
8/18/2022, 06:02 PM
Previous filing
Aug 15, 2022
Next filing
Aug 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KHC Common Stock Tax liability -$1.16M -30K -11.25% $38.83 237K Aug 16, 2022 Direct F1
transaction KHC Common Stock Award $0 +16.4K +6.95% $0.00 253K 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.