J. Frank Harrison III - Jan 11, 2022 Form 4 Insider Report for Coca-Cola Consolidated, Inc. (COKE)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ J. Frank Harrison, III
Stock symbol
COKE
Transactions as of
Jan 11, 2022
Transactions value $
-$223,778,454
Form type
4
Date filed
1/13/2022, 04:22 PM
Previous filing
Oct 26, 2021
Next filing
Mar 21, 2023

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 COKE Class B Common Stock Gift $0 -32.2K -7.61% $0.00 391K Nov 1, 2021 Common Stock See Footnote F1, F2, F3, F4, F5
transaction COKE Class B Common Stock Gift $0 +32.3K +9.02% $0.00 391K Nov 1, 2021 Common Stock See Footnote F1, F2, F3, F5, F6
transaction COKE Class B Common Stock Other -$3.75B -3.24K -0.82% $1,155,000.00* 391K Jan 11, 2022 Common Stock See Footnote F1, F2, F3, F5, F7
transaction COKE Class B Common Stock Other $3.52B +3.15K +0.81% $1,120,000.00* 391K Jan 11, 2022 Common Stock See Footnote F1, F2, F3, F5, F8
holding COKE Class B Common Stock 535K Jan 11, 2022 Common Stock See Footnote F1, F2, F3, F9
holding COKE Class B Common Stock 535K Jan 11, 2022 Common Stock See Footnote F1, F2, F3, F9
holding COKE Class B Common Stock 535K Jan 11, 2022 Common Stock See Footnote F1, F2, F3, F9
holding COKE Class B Common Stock 78.6K Jan 11, 2022 Common Stock See Footnote F1, F2, F3, F10
holding COKE Class B Common Stock 78.6K Jan 11, 2022 Common Stock See Footnote F1, F2, F3, F11
holding COKE Class B Common Stock 78.6K Jan 11, 2022 Common Stock See Footnote F1, F2, F3, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Class B Common Stock is convertible into Common Stock, on a share-for-share basis, at any time at the option of the holder.
F2 Immediately.
F3 None.
F4 Represents a transfer of limited liability company interests in the JFH3 Holdings LLC to The J. Frank Harrison, III 2021 Family Trust dated October 8, 2021. The transfer represented a 8.2407% interest in the JFH3 Holdings LLC, a limited liability company of which the reporting person is the sole manager. The reporting person disclaims beneficial ownership in all of these securities except to the extent of his pecuniary interest therein.
F5 Such shares are held directly by the JFH3 Holdings LLC, a limited liability company of which the reporting person is the sole manager. The reporting person disclaims beneficial ownership in all of these securities except to the extent of his pecuniary interest therein.
F6 Represents a transfer of limited liability company interests in the JFH3 Holdings LLC to The Jan M. Harrison 2021 Irrevocable Trust dated October 7, 2021. The transfer represented a 8.2759% interest in the JFH3 Holdings LLC, a limited liability company of which the reporting person is the sole manager. The reporting person disclaims beneficial ownership in all of these securities except to the extent of his pecuniary interest therein.
F7 Represents a transfer of limited liability company interests in the JFH3 Holdings LLC to The J. Frank Harrison, III 2021 Family Trust dated October 8, 2021. The transfer represented a 0.8304% interest in the JFH3 Holdings LLC, a limited liability company of which the reporting person is the sole manager. The reporting person disclaims beneficial ownership in all of these securities except to the extent of his pecuniary interest therein.
F8 Represents a transfer of limited liability company interests in the JFH3 Holdings LLC to The Jan M. Harrison 2021 Irrevocable Trust dated October 7, 2021. The transfer represented a 0.8052% interest in the JFH3 Holdings LLC, a limited liability company of which the reporting person is the sole manager. The reporting person disclaims beneficial ownership in all of these securities except to the extent of his pecuniary interest therein.
F9 Such shares are held directly by one of three family limited partnerships (the "Family LPs"). A family limited liability company (the "Family LLC") holds a general partnership interest in each of the Family LPs. A family trust, of which the reporting person is a co-trustee and beneficiary, holds a membership interest in the Family LLC. A residuary sub-trust, of which the reporting person is a co-trustee and beneficiary, also holds a membership interest in the Family LLC. Two residuary sub-trusts, each of which the reporting person is a co-trustee, also hold membership interests in the Family LLC. The reporting person disclaims beneficial ownership in all of these securities except to the extent of his pecuniary interest therein.
F10 Such shares are held directly by a sub-trust of which the reporting person is a co-trustee and beneficiary.
F11 Such shares are held directly by a sub-trust of which the reporting person is a co-trustee and certain family members are beneficiaries. The reporting person disclaims beneficial ownership in all of these securities except to the extent of his pecuniary interest therein.