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

Signature
/s/ Joshua C. Gaul, attorney-in-fact for Michael Aaron Conway
Stock symbol
SBUX
Transactions as of
Feb 15, 2024
Transactions value $
-$305,598
Form type
4
Date filed
2/16/2024, 06:36 PM
Previous filing
Nov 22, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBUX Common Stock Sale -$306K -3.25K -3.72% $94.03 84.2K Feb 15, 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.