Matthew Andrew Archambault - Mar 3, 2023 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Signature
/s/ Mark Jackson, attorney in fact
Stock symbol
KDP
Transactions as of
Mar 3, 2023
Transactions value $
-$37,729
Form type
4
Date filed
3/7/2023, 04:40 PM
Previous filing
Mar 3, 2023
Next filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDP Common Stock Options Exercise $0 +4.08K +10.21% $0.00 44.1K Mar 3, 2023 Direct F1
transaction KDP Common Stock Tax liability -$37.7K -1.09K -2.49% $34.55 42.7K Mar 3, 2023 Direct F2, F3

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 +4.08K +50.01% $0.00 12.2K Mar 3, 2023 Common Stock 4.08K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock units convert into common stock on a one-for-one basis.
F2 Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3.
F3 Amount of securities beneficially owned following reported transaction reflects the transfer of 284 shares in a transaction exempt from Section 16 pursuant to Rule 16a-12.
F4 As previously disclosed, these RSUs were granted on March 3, 2021 and vest in four equal annual installments on each anniversary date of the grant, commencing on March 3, 2023. One fourth of the RSUs vested on March 3, 2023 and were settled in shares of the Issuer's common stock pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.