Rachel Ruggeri - 21 Jun 2023 Form 4 Insider Report for STARBUCKS CORP (SBUX)

Role
evp, cfo
Signature
/s/ Stephanie A. Tso, attorney-in-fact for Rachel Ruggeri
Issuer symbol
SBUX
Transactions as of
21 Jun 2023
Net transactions value
-$68,307
Form type
4
Filing time
23 Jun 2023, 16:12:58 UTC
Previous filing
20 Jun 2023
Next filing
09 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBUX Common Stock Sale $68,307 -679 -1.2% $100.60 54,761 21 Jun 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 8, 2022.