Mary Beth DeNooyer - Sep 13, 2024 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role
Chief Human Resources Officer
Signature
/s/ Mark Jackson, attorney in fact
Stock symbol
KDP
Transactions as of
Sep 13, 2024
Transactions value $
-$2,374,169
Form type
4
Date filed
9/17/2024, 06:08 PM
Previous filing
Mar 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDP Common Stock Options Exercise $0 +14.5K +11.05% $0.00 146K Sep 13, 2024 Direct F1
transaction KDP Common Stock Tax liability -$279K -7.43K -5.09% $37.61 139K Sep 13, 2024 Direct F2
transaction KDP Common Stock Options Exercise $0 +109K +78.62% $0.00 247K Sep 13, 2024 Direct F3
transaction KDP Common Stock Tax liability -$2.09M -55.7K -22.51% $37.61 192K Sep 13, 2024 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 -14.5K -100% $0.00 0 Sep 13, 2024 Common Stock 14.5K Direct F1
transaction KDP Restricted Stock Unit Options Exercise $0 -109K -100% $0.00 0 Sep 13, 2024 Common Stock 109K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As previously disclosed, these RSUs were granted on September 13, 2019 and vested in full on September 13, 2024. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.
F2 Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3.
F3 As previously disclosed, these RSUs represent matching restricted stock units ("Matching RSUs") granted to the Reporting Person in connection with the Issuer's Elite Investment Program. These Matching RSUs were granted on September 13, 2019 and vested in full on September 13, 2024. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.