Olivier Goudet - Sep 13, 2023 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role: Director
Signature: /s/ Mark Jackson, attorney in fact
Stock symbol: KDP
Transactions as of: Sep 13, 2023
Transactions value $: -$32,964
Form type: 4
Date filed: 9/15/2023, 04:49 PM
Previous filing: May 22, 2023
Next filing: Nov 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KDP	Common Stock	Options Exercise	$0	+6.63K		$0.00	6.63K	Sep 13, 2023	Direct	F1
transaction	KDP	Common Stock	Tax liability	-$33K	-995	-15.01%	$33.13	5.64K	Sep 13, 2023	Direct	F2
holding	KDP	Common Stock						3.52M	Sep 13, 2023	Platin Holdings S.a.r.l.

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	-6.63K	-100%	$0.00^*	0	Sep 13, 2023	Common Stock	6.63K		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 September 13, 2018 and vested in full on September 13, 2023. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.