Sec Form 3 Filing - Asher Chris @ Kraft Heinz Co - 2024-03-07

Insider filing report for Changes in Beneficial Ownership
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FORM 3
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
Asher Chris
2. Issuer Name and Ticker or Trading Symbol
Kraft Heinz Co [ KHC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Deputy Global Controller (PAO)
(Last) (First) (Middle)
C/O THE KRAFT HEINZ COMPANY, ONE PPG PLACE, SUITE 3200
3. Date of Earliest Transaction (MM/DD/YY)
03/07/2024
(Street)
PITTSBURGH, PA15222
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 53,026 ( 1 ) ( 2 ) D
Common Stock 2,525 I By IRA
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) $ 37.09 03/01/2024( 3 ) 03/01/2031 Common Stock 561 D
Stock Options (right to buy) $ 38.68 03/01/2025( 4 ) 03/01/2032 Common Stock 724 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Asher Chris
C/O THE KRAFT HEINZ COMPANY
ONE PPG PLACE, SUITE 3200
PITTSBURGH, PA15222
Deputy Global Controller (PAO)
Signatures
/s/ Nicole Fritz by Power of Attorney 03/15/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Includes: (i) 27,061 shares of common stock; (ii) 1,218 shares acquired through a dividend reinvestment program; (iii) 2,466 restricted stock units ("RSUs") awarded on June 1, 2020, scheduled to vest 100% on June 1, 2024; (iv) 1,448 RSUs awarded on March 1, 2022, scheduled to vest 100% on March 1, 2025; (v) 1,554 RSUs awarded on March 1, 2022 pursuant to the Issuer's Bonus Investment Plan, scheduled to vest 100% on March 1, 2025; (vi) 2,586 RSUs awarded on March 1, 2022, scheduled to vest 75% on March 1, 2025 and 25% on March 1, 2026; (vii) 3,048 RSUs awarded on March 1, 2023, scheduled to vest 75% on March 1, 2026 and 25% on March 1, 2027; (viii) 3,603 RSUs awarded on March 1, 2023 pursuant to the Issuer's Bonus Investment Plan scheduled to vest 100% on March 1, 2026; (ix) 3,545 RSUs awarded on March 1, 2024, scheduled to vest 75% on March 1, 2027 and 25% on March 1, 2028
( 2 )[continued from footnote 1] (x) 4,853 RSUs awarded on March 1, 2024 pursuant to the Issuer's Bonus Investment Plan, scheduled to vest 100% on March 1, 2027; and (xi) 1,644 Performance Share Units granted on June 1, 2020 for which the performance period has been completed and achievement certified, and which vest and settle in stock 100% on June 1, 2024.
( 3 )Options vest 100% on March 1, 2024, subject to the terms and conditions of the stock option award agreement.
( 4 )Options vest 100% on March 1, 2025, subject to the terms and conditions of the stock option award agreement.

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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