Andrew Archambault - Mar 24, 2023 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role: President, Commercial
Signature: /s/ Mark Jackson, attorney in fact
Stock symbol: KDP
Transactions as of: Mar 24, 2023
Transactions value $: -$313,098
Form type: 4
Date filed: 3/28/2023, 04:58 PM
Previous filing: Mar 15, 2023
Next filing: May 12, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KDP	Common Stock	Options Exercise	$0	+21.4K	+46.1%	$0.00	67.7K	Mar 24, 2023	Direct	F1
transaction	KDP	Common Stock	Tax liability	-$313K	-8.98K	-14.06%	$34.87	54.9K	Mar 24, 2023	Direct	F2, F3

Showing 1 to 2 of 2 entries

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	-21.4K	-100%	$0.00^*	0	Mar 24, 2023	Common Stock	21.4K		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 3,887 shares in a transaction exempt from Section 16 pursuant to Rule 16a-12.
F4	As previously disclosed, these RSUs were granted on August 24, 2018 and vested in full on March 24, 2023. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.