Kevin R. Johnson - 08 Dec 2021 Form 4 Insider Report for STARBUCKS CORP (SBUX)

Role
president and ceo, Director
Signature
/s/ Joshua C. Gaul, attorney-in-fact for Kevin R. Johnson
Issuer symbol
SBUX
Transactions as of
08 Dec 2021
Net transactions value
-$14,846,498
Form type
4
Filing time
10 Dec 2021, 18:56:17 UTC
Previous filing
17 Nov 2021
Next filing
16 Nov 2022
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 $14,175,000 +250,000 +53% $56.70 719,145 08 Dec 2021 Direct F1
transaction SBUX Common Stock Sale $19,614,215 -169,196 -24% $115.93 549,949 08 Dec 2021 Direct F2
transaction SBUX Common Stock Sale $9,407,282 -80,804 -15% $116.42 469,145 08 Dec 2021 Direct F3

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 -250,000 -47% $0.000000 285,615 08 Dec 2021 Common Stock 250,000 $56.70 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 676.576 shares representing dividend equivalents on unvested time-based RSUs.
F2 This transaction was executed in multiple trades at prices ranging from $115.29 to $116.275. 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.
F3 This transaction was executed in multiple trades at prices ranging from $116.28 to $116.625. 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 The option, representing the right to buy a total of 535,615 shares, became exercisable in three increments of 133,904 shares each on November 15, 2018, November 15, 2019 and November 15, 2020 and one increment of 133,903 shares on November 15, 2021.