Sudhanshu Priyadarshi - Nov 22, 2023 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role
CFO, President International
Signature
/s/ Mark Jackson, attorney in fact
Stock symbol
KDP
Transactions as of
Nov 22, 2023
Transactions value $
-$643,598
Form type
4
Date filed
11/27/2023, 04:50 PM
Previous filing
May 11, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDP Common Stock Options Exercise $0 +52.4K +52.4% $0.00 153K Nov 22, 2023 Direct F1
transaction KDP Common Stock Tax liability -$644K -19.9K -13.02% $32.41 133K Nov 22, 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 -52.4K -67% $0.00 25.8K Nov 22, 2023 Common Stock 52.4K 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 ("RSUs") 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 November 22, 2022 and vest in two installments as follows: 67% on November 22, 2023; and 33% on November 22, 2024. Sixty-seven percent of the RSUs vested on November 22, 2023. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.