Sudhanshu Priyadarshi - Mar 4, 2024 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Signature
/s/ Mark Jackson, attorney in fact
Stock symbol
KDP
Transactions as of
Mar 4, 2024
Transactions value $
$2,499,981
Form type
4
Date filed
3/5/2024, 07:02 PM
Previous filing
Feb 28, 2024
Next filing
May 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDP Common Stock Purchase $2.5M +85.9K +64.76% $29.10 219K Mar 5, 2024 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
transaction KDP Restricted Stock Unit Award $0 +85.9K $0.00 85.9K Mar 4, 2024 Common Stock 85.9K Direct F1
transaction KDP Restricted Stock Unit Award $0 +103K $0.00 103K Mar 4, 2024 Common Stock 103K Direct F2
* 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 4, 2027; 20% on March 4, 2028, and 20% on March 4, 2029. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F2 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 March 4, 2029 ("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.