Maria A. Sceppaguercio-Gever - Mar 24, 2023 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role
Chief Corp. Affairs Officer
Signature
/s/ Mark Jackson, attorney in fact
Stock symbol
KDP
Transactions as of
Mar 24, 2023
Transactions value $
-$540,241
Form type
4
Date filed
3/28/2023, 05:05 PM
Previous filing
Mar 15, 2023
Next filing
May 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDP Common Stock Options Exercise $0 +34.2K +23.94% $0.00 177K Mar 24, 2023 Direct F1
transaction KDP Common Stock Tax liability -$540K -15.5K -8.75% $34.87 162K Mar 24, 2023 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 -34.2K -100% $0.00* 0 Mar 24, 2023 Common Stock 34.2K Direct F1, F3
* 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 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.