Zabrina Jenkins - Feb 13, 2023 Form 4 Insider Report for STARBUCKS CORP (SBUX)

Role
acting evp, general counsel
Signature
/s/Stephanie A. Tso, attorney-in-fact for Zabrina Jenkins
Stock symbol
SBUX
Transactions as of
Feb 13, 2023
Transactions value $
-$201,371
Form type
4
Date filed
2/15/2023, 05:24 PM
Previous filing
Jan 4, 2023
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBUX Common Stock Options Exercise $120K +2.96K +7.74% $40.50 41.2K Feb 13, 2023 Direct F1
transaction SBUX Common Stock Sale -$321K -2.96K -7.19% $108.48 38.3K Feb 13, 2023 Direct F2

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 -2.96K -100% $0.00* 0 Feb 13, 2023 Common Stock 2.96K $40.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 99.14 shares representing dividend equivalents on unvested time-based Restricted Stock Units and 56 shares purchased on December 30, 2022, pursuant to the Starbucks Corporation Employee Stock Purchase Plan.
F2 This transaction was executed in multiple trades at prices ranging from $108.477 to $108.48. 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 The option, representing the right to purchase a total of 2,962 shares, became exercisable in one increment of 742 shares on November 11, 2014, and in three increments of 740 shares on each of November 11, 2015, November 11, 2016 and November 11, 2017.