Robert S. Singer - 04 Mar 2024 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role
Director
Signature
/s/ Mark Jackson, attorney in fact
Issuer symbol
KDP
Transactions as of
04 Mar 2024
Net transactions value
-$413,341
Form type
4
Filing time
06 Mar 2024, 18:25:31 UTC
Previous filing
17 Nov 2023
Next filing
19 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDP Common Stock Options Exercise $0 +6,143 +14% $0.000000 49,775 04 Mar 2024 Direct F1
transaction KDP Common Stock Sale $354,861 -12,132 -24% $29.25 37,643 05 Mar 2024 Direct F2
transaction KDP Common Stock Sale $58,480 -2,000 -5.3% $29.24 35,643 06 Mar 2024 Direct
holding KDP Common Stock 12,499 04 Mar 2024 By Robert Singer 2005 Insurance Trust

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 -6,143 -100% $0.000000* 0 04 Mar 2024 Common Stock 6,143 Direct F3
transaction KDP Restricted Stock Unit Award $0 +6,014 $0.000000 6,014 04 Mar 2024 Common Stock 6,014 Direct F4
* 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 The price represents the weighted average sales price of the shares that were sold in multiple transactions at prices ranging from $29.25 to $29.26 The reporting person undertakes to provide to the Company, any security holder of the Company or the SEC, upon request, full information regarding the number of shares sold at each separate price.
F3 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.
F4 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.