Matthew Andrew Archambault - Nov 20, 2023 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role: President, US Refreshment Bev.
Signature: /s/ Mark Jackson, attorney in fact
Stock symbol: KDP
Transactions as of: Nov 20, 2023
Transactions value $: $0
Form type: 4
Date filed: 11/22/2023, 04:35 PM
Previous filing: Nov 9, 2023
Next filing: Mar 5, 2024

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	Award	$0	+62.9K		$0.00	62.9K	Nov 20, 2023	Common Stock	62.9K		Direct	F1

* 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 ("RSUs") vest in four installments as follows: 25% on November 20, 2025; 25% on November 20, 2026; 25% on November 20, 2027 and 25% on November 20, 2028. In addition, the RSUs may be forfeited by the Reporting Person if specified stock holding requirements are not maintained. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.

Content

Subject to certain vesting conditions and exceptions, these restricted stock units ("RSUs") vest in four installments as follows: 25% on November 20, 2025; 25% on November 20, 2026; 25% on November 20, 2027 and 25% on November 20, 2028. In addition, the RSUs may be forfeited by the Reporting Person if specified stock holding requirements are not maintained. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.