Kevin R. Johnson - 29 Jul 2021 Form 4 Insider Report for STARBUCKS CORP (SBUX)

Role
president and ceo, Director
Signature
/s/ Jennifer L. Kraft, attorney-in-fact for Kevin R. Johnson
Issuer symbol
SBUX
Transactions as of
29 Jul 2021
Net transactions value
-$22,315,811
Form type
4
Filing time
30 Jul 2021, 19:33:12 UTC
Next filing
17 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBUX Common Stock Options Exercise $7,281,600 +120,000 +35% $60.68 466,532 29 Jul 2021 Direct F1, F2
transaction SBUX Common Stock Options Exercise $7,281,600 +120,000 +26% $60.68 586,532 29 Jul 2021 Direct F1
transaction SBUX Common Stock Options Exercise $7,231,660 +119,177 +20% $60.68 705,709 29 Jul 2021 Direct F1
transaction SBUX Common Stock Sale $38,522,031 -313,843 -44% $122.74 391,866 29 Jul 2021 Direct F1, F3
transaction SBUX Common Stock Sale $5,588,640 -45,334 -12% $123.28 346,532 29 Jul 2021 Direct F1, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SBUX Non-qualified Stock Option (Right to Buy) Options Exercise $0 -120,000 -33% $0.000000 239,177 29 Jul 2021 Common Stock 120,000 $60.68 Direct F5
transaction SBUX Non-qualified Stock Option (Right to Buy) Options Exercise $0 -120,000 -50% $0.000000 119,177 29 Jul 2021 Common Stock 120,000 $60.68 Direct F5
transaction SBUX Non-qualified Stock Option (Right to Buy) Options Exercise $0 -119,177 -100% $0.000000* 0 29 Jul 2021 Common Stock 119,177 $60.68 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 24, 2021.
F2 Includes 597.887 accrued dividend equivalents on unvested restricted stock units.
F3 This transaction was executed in multiple trades at prices ranging from $122.15 to $123.145. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4 This transaction was executed in multiple trades at prices ranging from $123.150 to $123.46. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F5 The option, representing the right to buy a total of 359,177 shares, became exercisable in one increment of 87,795 shares on November 16, 2016 and three equal increments of 89,794 shares on November 16, 2017, November 16, 2018, and November 16, 2019.