Michael Aaron Conway - 15 Feb 2024 Form 4 Insider Report for STARBUCKS CORP (SBUX)

Signature
/s/ Joshua C. Gaul, attorney-in-fact for Michael Aaron Conway
Issuer symbol
SBUX
Transactions as of
15 Feb 2024
Net transactions value
-$305,598
Form type
4
Filing time
16 Feb 2024, 18:36:03 UTC
Previous filing
22 Nov 2023
Next filing
19 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBUX Common Stock Sale $305,598 -3,250 -3.7% $94.03 84,153 15 Feb 2024 Direct F1, F2
* 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 November 14, 2023.
F2 Includes 190 shares representing dividend equivalents received on unvested time-based RSUs.