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

Signature
/s/ Stephanie A. Tso, attorney-in-fact for Michael Aaron Conway
Issuer symbol
SBUX
Transactions as of
15 Apr 2024
Net transactions value
-$277,518
Form type
4
Filing time
17 Apr 2024, 17:33:13 UTC
Previous filing
29 Mar 2024
Next filing
18 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBUX Common Stock Sale $277,518 -3,250 -3.8% $85.39 81,199 15 Apr 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 296 shares representing dividend equivalents on unvested time-based RSUs.

Remarks:

Exhibit 24: Power-of-attorney attached to this filing.