Maurice Anthony Milikin - Sep 14, 2021 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role
Chief Supply Chain Officer
Signature
/s/ Anthony Shoemaker, attorney in fact
Stock symbol
KDP
Transactions as of
Sep 14, 2021
Transactions value $
$0
Form type
4
Date filed
9/16/2021, 06:26 PM
Previous filing
Sep 16, 2021
Next filing
Mar 4, 2022

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 KDP Restricted Stock Unit Award $0 +143K $0.00 143K Sep 14, 2021 Common Stock 143K Direct F1
transaction KDP Restricted Stock Unit Award $0 +143K $0.00 143K Sep 14, 2021 Common Stock 143K Direct F2
transaction KDP Restricted Stock Unit Award $0 +21.4K $0.00 21.4K Sep 14, 2021 Common Stock 21.4K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to certain vesting conditions and exceptions, these restricted stock units vest in three installments as follows: 60% on September 14, 2024; 20% on September 14, 2025, and 20% on September 14, 2026. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F2 Represents matching restricted stock units ("Matching RSUs") granted to the Reporting Person in connection with the Issuer's Elite Investment Program. These Matching RSUs vest on September 14, 2026 ("Vesting Date"), subject to continued service with the Issuer and other vesting conditions. In addition, all or a portion of the Matching RSUs may be forfeited by the Reporting Person if specified stock ownership requirements are not maintained to the Vesting Date. Each Matching RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.