Priyadarshi Sudhanshu - 22 Nov 2024 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Signature
/s/ Mark Jackson, attorney in fact
Issuer symbol
KDP
Transactions as of
22 Nov 2024
Net transactions value
-$326,469
Form type
4
Filing time
26 Nov 2024, 17:05:38 UTC
Previous filing
24 May 2024
Next filing
07 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDP Common Stock Options Exercise $0 +25,828 +12% $0.000000 244,394 22 Nov 2024 Direct F1
transaction KDP Common Stock Tax liability $326,469 -9,996 -4.1% $32.66 234,398 22 Nov 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 -25,828 -100% $0.000000 0 22 Nov 2024 Common Stock 25,828 Direct F1, 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 Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3
F3 As previously disclosed, these RSUs were granted on November 22, 2022 and vest in two installments as follows: 67% vested on November 22, 2023; and 33% vested on November 22, 2024. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.