Kevin R. Johnson - Jul 29, 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
Stock symbol
SBUX
Transactions as of
Jul 29, 2021
Transactions value $
-$22,315,811
Form type
4
Date filed
7/30/2021, 07:33 PM
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBUX Common Stock Options Exercise $7.28M +120K +34.63% $60.68 467K Jul 29, 2021 Direct F1, F2
transaction SBUX Common Stock Options Exercise $7.28M +120K +25.72% $60.68 587K Jul 29, 2021 Direct F1
transaction SBUX Common Stock Options Exercise $7.23M +119K +20.32% $60.68 706K Jul 29, 2021 Direct F1
transaction SBUX Common Stock Sale -$38.5M -314K -44.47% $122.74 392K Jul 29, 2021 Direct F1, F3
transaction SBUX Common Stock Sale -$5.59M -45.3K -11.57% $123.28 347K Jul 29, 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 -120K -33.41% $0.00 239K Jul 29, 2021 Common Stock 120K $60.68 Direct F5
transaction SBUX Non-qualified Stock Option (Right to Buy) Options Exercise $0 -120K -50.17% $0.00 119K Jul 29, 2021 Common Stock 120K $60.68 Direct F5
transaction SBUX Non-qualified Stock Option (Right to Buy) Options Exercise $0 -119K -100% $0.00* 0 Jul 29, 2021 Common Stock 119K $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.