Sec Form 4 Filing - Corley Thomas F. @ Kraft Foods Group, Inc. - 2014-06-11

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Corley Thomas F.
2. Issuer Name and Ticker or Trading Symbol
Kraft Foods Group, Inc. [ KRFT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP and Pres, US RSales Fdsrvc
(Last) (First) (Middle)
KRAFT FOODS GROUP, INC., THREE LAKES DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
06/11/2014
(Street)
NORTHFIELD, IL60093
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/11/2014 M 7,760 A $ 24.499 41,445 D
Common Stock 06/11/2014 S 5,346 D $ 59.556 ( 1 ) 36,099 D
Common Stock 06/11/2014 M 8,579 A $ 30.206 44,678 D
Common Stock 06/11/2014 S 6,347 D $ 59.56 ( 2 ) 38,331 D
Common Stock 06/11/2014 S 8,040 D $ 59.553 30,291 D
Units 7,117 ( 3 ) I By 401(k) plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD /YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy) $ 24.499 06/11/2014 M 7,760 ( 4 ) 02/20/2019 Common Stock 7,760 $ 0 0 D
Stock Options (right to buy) $ 30.206 06/11/2014 M 8,579 ( 5 ) 02/20/2020 Common Stock 8,579 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Corley Thomas F.
KRAFT FOODS GROUP, INC.
THREE LAKES DRIVE
NORTHFIELD, IL60093
EVP and Pres, US RSales Fdsrvc
Signatures
/s/ Phuong Lam, by Power of Attorney 06/13/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.54 to $59.57, inclusive, for payment of the exercise prices and taxes. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in footnote (1) to this Form 4.
( 2 )The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.55 to $59.56, inclusive, for payment of the exercise prices and taxes. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in footnote (2) to this Form 4.
( 3 )Units represent interests in the Kraft stock fund in Kraft's 401(k) plan. The reporting person's interest in the Kraft stock fund fluctuate with the fund's performance. The information in this report is based on a plan statement dated as of May 31, 2014.
( 4 )This option vested in three annual installments on February 19, 2010, February 18, 2011 and February 17, 2012.
( 5 )This option vested in three annual installments on February 22, 2011, February 22, 2012 and February 22, 2013.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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