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

Role
Chief Human Resources Officer
Signature
/s/ Mark Jackson, attorney in fact
Issuer symbol
KDP
Transactions as of
13 Sep 2024
Net transactions value
-$2,374,169
Form type
4
Filing time
17 Sep 2024, 18:08:38 UTC
Previous filing
14 Mar 2024
Next filing
05 Mar 2025
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 +14,520 +11% $0.000000 145,929 13 Sep 2024 Direct F1
transaction KDP Common Stock Tax liability $279,329 -7,427 -5.1% $37.61 138,502 13 Sep 2024 Direct F2
transaction KDP Common Stock Options Exercise $0 +108,893 +79% $0.000000 247,395 13 Sep 2024 Direct F3
transaction KDP Common Stock Tax liability $2,094,839 -55,699 -23% $37.61 191,696 13 Sep 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 -14,520 -100% $0.000000 0 13 Sep 2024 Common Stock 14,520 Direct F1
transaction KDP Restricted Stock Unit Options Exercise $0 -108,893 -100% $0.000000 0 13 Sep 2024 Common Stock 108,893 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.