Anthony Shoemaker - Oct 1, 2021 Form 3 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role: Chief Legal Officer
Signature: /s/ Mark Jackson, attorney in fact
Stock symbol: KDP
Transactions as of: Oct 1, 2021
Transactions value $: $0
Form type: 3
Date filed: 10/8/2021, 04:30 PM
Next filing: Mar 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	KDP	Common Stock						38K	Oct 1, 2021	Direct

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
holding	KDP	Restricted Stock Unit							Oct 1, 2021	Common Stock	3.93K	$0.00	Direct	F1
holding	KDP	Restricted Stock Unit							Oct 1, 2021	Common Stock	13.9K	$0.00	Direct	F2
holding	KDP	Restricted Stock Unit							Oct 1, 2021	Common Stock	7.38K	$0.00	Direct	F3
holding	KDP	Restricted Stock Unit							Oct 1, 2021	Common Stock	59.8K	$0.00	Direct	F4
holding	KDP	Restricted Stock Unit							Oct 1, 2021	Common Stock	35K	$0.00	Direct	F5

* 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	Subject to certain vesting conditions and exceptions, these restricted stock units vest in three installments as follows: 60% on March 3, 2024; 20% on March 3, 2025, and 20% on March 3, 2026. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3	Subject to certain vesting conditions and exceptions, these restricted stock units vest in three installments as follows: 60% on September 15, 2023; 20% on September 14, 2024, and 20% on September 15, 2025. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F4	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.
F5	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 May 18, 2025 ("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.