Monique Oxender - Nov 6, 2023 Form 3 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: Nov 6, 2023
Transactions value $: $0
Form type: 3
Date filed: 11/16/2023, 05:10 PM
Next filing: Nov 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	KDP	Common Stock						50.8K	Nov 6, 2023	Direct

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
holding	KDP	Restricted Stock Unit							Nov 6, 2023	Common Stock	12.4K	$0.00	Direct	F1
holding	KDP	Restricted Stock Unit							Nov 6, 2023	Common Stock	11K	$0.00	Direct	F2
holding	KDP	Restricted Stock Unit							Nov 6, 2023	Common Stock	2.5K	$0.00	Direct	F3
holding	KDP	Restricted Stock Unit							Nov 6, 2023	Common Stock	13.7K	$0.00	Direct	F4
holding	KDP	Restricted Stock Unit							Nov 6, 2023	Common Stock	8.17K	$0.00	Direct	F5
holding	KDP	Restricted Stock Unit							Nov 6, 2023	Common Stock	8.68K	$0.00	Direct	F6
holding	KDP	Restricted Stock Unit							Nov 6, 2023	Common Stock	4.35K	$0.00	Direct	F7
holding	KDP	Restricted Stock Unit							Nov 6, 2023	Common Stock	11.5K	$0.00	Direct	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Subject to certain vesting conditions and exceptions, these restricted stock units vest in three installments as follows: 60% on March 1, 2026; 20% on March 1, 2027, and 20% on March 1, 2028. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F2	Subject to certain vesting conditions and exceptions, these restricted stock units vest in three installments as follows: 60% on March 2, 2025; 20% on March 2, 2026, and 20% on March 2, 2027. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3	Subject to certain vesting conditions and exceptions, these restricted stock units vest in three installments as follows: 60% on September 14, 2024; 20% on September 14, 2025, and 20% on September 14, 2026. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F4	Represents matching restricted stock units ("Matching RSUs") granted to the Reporting Person in connection with the Issuer's Elite Investment Program. These Matching RSUs vest on September May 26, 2026 ("Vesting Date"), subject to continued service with the Issuer and other vesting conditions. In addition, all or a portion of the Matching RSUs may be forfeited by the Reporting Person if specified stock ownership requirements are not maintained to the Vesting Date. Each Matching RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F5	Subject to certain vesting conditions and exceptions, these restricted stock units vest in three installments as follows: 60% on March 3, 2024; 20% on March 3, 2025, and 20% on March 3, 2026. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F6	Subject to certain vesting conditions and exceptions, these restricted stock units vest in two equal installments as follows: 50% on September 15, 2024, and 50% on September 15, 2025. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F7	Subject to certain vesting conditions and exceptions, these restricted stock units vest in two equal installments as follows: 50% on March 12, 2024, and 50% on March 12, 2025. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F8	Subject to certain vesting conditions and exceptions, these restricted stock units vest in full on March 24, 2024. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.