Prepare Whipped Icing Mix following package instructions. In medium bowl, beat cream cheese until smooth. Add remaining 1/4 cup granulated sugar and peanut butter; continue beating until smooth, Fold in 3 cups whipped icing; chill remaining icing. Pour filling over crust. In microwave-safe bowl, heat jelly on high 10-15 seconds; stir until smooth and drizzle over cheesecake filling. Chill cheesecake until firm, at least 4 hours.