Mauricio Leyva - Mar 12, 2022 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role
President, Coffee
Signature
/s/ Mark Jackson, attorney in fact
Stock symbol
KDP
Transactions as of
Mar 12, 2022
Transactions value $
$0
Form type
4
Date filed
4/8/2022, 05:07 PM
Previous filing
Mar 4, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDP Common Stock Options Exercise $0 +261K +184.58% $0.00 402K Mar 12, 2022 Direct F1
transaction KDP Common Stock Tax liability $0 -111K -27.47% $0.00 292K Mar 12, 2022 Direct 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 KDP Restricted Stock Unit Options Exercise $0 -261K -40% $0.00 391K Mar 12, 2022 Common Stock 261K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These RSUs were granted on March 12, 2020 and vest in two installments: 40% vested on March 12, 2022 and were settled in shares of the Issuer's Common Stock pursuant to the Issuer's Omnibus Stock Incentive Plan and the remaining 60% will vest on March 12, 2025.
F2 Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.