Olivier Goudet - Mar 4, 2024 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: Mar 4, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/6/2024, 06:22 PM
Previous filing: Nov 17, 2023
Next filing: Mar 7, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KDP	Common Stock	Options Exercise	$0	+6.14K	+109%	$0.00	11.8K	Mar 4, 2024	Direct	F1
holding	KDP	Common Stock						3.52M	Mar 4, 2024	By 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	-6.14K	-100%	$0.00^*	0	Mar 4, 2024	Common Stock	6.14K		Direct	F2
transaction	KDP	Restricted Stock Unit	Award	$0	+6.01K		$0.00	6.01K	Mar 4, 2024	Common Stock	6.01K		Direct	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	As previously disclosed, these RSUs were granted on March 4, 2019 and vested in full on March 4, 2024. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.
F3	Subject to certain vesting conditions and exceptions, these RSUs vest on March 4, 2029. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.