Nancy Quan - Aug 27, 2024 Form 4 Insider Report for COCA COLA CO (KO)

Signature
/s/ Nancy Quan
Stock symbol
KO
Transactions as of
Aug 27, 2024
Transactions value $
-$499,530
Form type
4
Date filed
8/29/2024, 12:48 PM
Previous filing
Aug 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KO Common Stock, $.25 Par Value Options Exercise $822K +18.5K +8.28% $44.48 242K Aug 27, 2024 Direct
transaction KO Common Stock, $.25 Par Value Sale -$1.32M -18.5K -7.64% $71.50 223K Aug 27, 2024 Direct F1
holding KO Common Stock, $.25 Par Value 5.27K Aug 27, 2024 By 401(k) Plan 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 KO Employee Stock Option (Right to Buy) Options Exercise $0 -18.5K -100% $0.00 0 Aug 27, 2024 Common Stock, $.25 Par Value 18.5K $44.48 Direct F3
holding KO Hypothetical Shares 9.88K Aug 27, 2024 Common Stock, $.25 Par Value 9.88K By Supplemental 401(k) Plan F4, F5, F6
* 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 in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on March 12, 2024.
F2 Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of August 26, 2024.
F3 Options (with tax withholding right) granted on February 15, 2018 under The Coca-Cola Company 2014 Equity Plan. One-fourth of grant became exercisable on each of the first, second, third and fourth anniversaries of the grant date.
F4 Each hypothetical share is equal to one share of common stock of The Coca-Cola Company.
F5 There is no data applicable with respect to the hypothetical shares.
F6 As of August 26, 2024.