JAB BevCo B.V. - Nov 11, 2022 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role: 10%+ Owner
Signature: /s/ Luuk Hoogeveen, Managing Director of JAB BevCo B.V.; /s/ Leo Burgers, Managing Director of JAB BevCo B.V.
Stock symbol: KDP
Transactions as of: Nov 11, 2022
Transactions value $: $0
Form type: 4
Date filed: 11/14/2022, 07:55 AM
Previous filing: Jun 9, 2022
Next filing: May 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KDP	Common Stock, par value $0.01 per share	Other		-30.5M	-6.46%		441M	Nov 11, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On November 11, 2022, JAB Coffee & Beverages B.V. ("JAB C&B") entered into an agreement with an affiliate of JAB Consumer Partners SCA SICAR, pursuant to which JAB C&B agreed to distribute 30,465,170 shares of common stock, par value $0.01 per share (the "Shares"), of Keurig Dr Pepper Inc. ("KDP") in redemption of its existing interest in JAB C&B.
F2	These Shares are held by JAB BevCo B.V., a direct or indirect subsidiary of each other Reporting Person herein. As such, each other Reporting Person herein may be deemed a beneficial owner of Shares held by JAB BevCo B.V. Each of the Reporting Persons disclaims any beneficial ownership of such Shares, except to the extent of its pecuniary interests therein.