SEC Form 3 · accession 0001763568-19-000003
Kraft Heinz Co · KHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joao Araujo
Officer — Head of Global Operations
Period of report
Jan 1, 2019
Accepted (ET)
Jan 11, 2019 · 4:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001637459
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 21,512 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F2 | $22.56 | holding | — | — | — | Feb 14, 2019 | Feb 14, 2024 | Common Stock | 22,166 | — | D |
| Stock Options (right to buy)F3 | $30.46 | holding | — | — | — | Feb 12, 2020 | Feb 12, 2025 | Common Stock | 16,393 | — | D |
| Stock Options (right to buy)F4 | $77.66 | holding | — | — | — | Mar 1, 2021 | Mar 1, 2026 | Common Stock | 19,315 | — | D |
| Stock Options (right to buy)F5 | $91.43 | holding | — | — | — | Mar 1, 2022 | Mar 1, 2027 | Common Stock | 21,875 | — | D |
Explanation of responses
- F1Represents 15,499 restricted stock units (2,804 restricted stock units issued pursuant to the Issuer's Bonus Swap Program that vest on March 1, 2021, subject to limited pro rata vesting in certain circumstances such as termination without cause, death or disability; 1,337 restricted stock units issued pursuant to the Issuer's Bonus Swap Program that vest on March 1, 2022, subject to limited pro rata vesting in certain circumstances such as termination without cause, death or disability; 2,388 restricted stock units issued pursuant to the Issuer's Bonus Swap Program that vest on March 1, 2023, subject to limited pro rata vesting in certain circumstances such as termination without cause, death or disability; and 8,970 restricted stock units that will vest on March 1, 2023, subject to certain forfeiture conditions), 5,510 shares of common stock and 503 dividend equivalent shares acquired through a dividend reinvestment program.
- F2Options cliff-vest on February 14, 2019, subject to pro rata vesting in certain circumstances, such as termination without cause, death or disability.
- F3Represents a grant of 8,183 options issued pursuant to the Issuer's Bonus Swap Program on February 12, 2015 and a grant of 8,210 options on February 12, 2015. Options cliff-vest on February 12, 2020, subject to pro rata vesting in certain circumstances, such as termination without cause, death or disability.
- F4Options cliff-vest on March 1, 2021, subject to pro rata vesting in certain circumstances, such as termination without cause, death or disability.
- F5Options cliff-vest on March 1, 2022, subject to pro rata vesting in certain circumstances, such as termination without cause, death or disability.