John Culver - Aug 6, 2021 Form 4 Insider Report for STARBUCKS CORP (SBUX)

Role
group pres, N America & coo
Signature
/s/ Jennifer L. Kraft, attorney-in-fact for John Culver
Stock symbol
SBUX
Transactions as of
Aug 6, 2021
Transactions value $
-$8,909,453
Form type
4
Date filed
8/10/2021, 08:05 PM
Previous filing
Aug 4, 2021
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBUX Common Stock Options Exercise $5.82M +95.8K +28.08% $60.68 437K Aug 6, 2021 Direct
transaction SBUX Common Stock Options Exercise $2.96M +52.8K +12.07% $56.10 490K Aug 6, 2021 Direct
transaction SBUX Common Stock Sale -$17.7M -149K -30.33% $119.00 341K Aug 6, 2021 Direct F1

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 -95.8K -100% $0.00* 0 Aug 6, 2021 Common Stock 95.8K $60.68 Direct F2
transaction SBUX Non-qualified Stock Option (Right to Buy) Options Exercise $0 -52.8K -25.04% $0.00 158K Aug 6, 2021 Common Stock 52.8K $56.10 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $119 to $119.15. 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.
F2 The option, representing the right to buy a total of 147,896 shares, became exercisable in four increments of 36,974 shares each on November 16, 2016, November 16, 2017, November 16, 2018, and November 16, 2019.
F3 The option, representing the right to buy a total of 211,089 shares, became exercisable in one increment of 52,773 shares on November 21, 2017 and three increments of 52,772 shares each on November 21, 2018, November 21, 2019 and November 21, 2020.