Justin Whitmore - 04 Mar 2024 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
05 Mar 2024, 19:12:16 UTC
Prior SEC filing
07 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mark Jackson, attorney in fact

Key filing fact

Justin Whitmore filed Form 4 for Keurig Dr Pepper Inc. (KDP) on 05 Mar 2024.

Key facts

  • This page summarizes Justin Whitmore's Form 4 filing for Keurig Dr Pepper Inc. (KDP).
  • 6 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 05 Mar 2024, 19:12.

Change

  • Previous filing in this sequence was filed on 07 Mar 2023.
  • Current net transaction value: -$349,753.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KDP transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+23,515
Change %
+21%
Price
$0.000000
Shares after
134,903
Date
04 Mar 2024
Ownership
Direct
Footnotes
F1
KDP transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+20,412
Change %
+15%
Price
$0.000000
Shares after
155,315
Date
04 Mar 2024
Ownership
Direct
Footnotes
F1
KDP transaction

Common Stock

Tax liability

Transaction value
$349,753
Shares
-12,019
Change %
-7.7%
Price
$29.10
Shares after
143,296
Date
04 Mar 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KDP transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-23,515
Change %
-60%
Price
$0.000000
Shares after
15,676
Date
04 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
23,515
Exercise price
Footnotes
F3
KDP transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-20,412
Change %
-33%
Price
$0.000000
Shares after
40,822
Date
04 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
20,412
Exercise price
Footnotes
F4
KDP transaction Derivative

Restricted Stock Unit

Award

Transaction value
$0
Shares
+41,238
Change %
Price
$0.000000
Shares after
41,238
Date
04 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
41,238
Exercise price
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.

Footnote F2

Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3.

Footnote F3

As previously disclosed, these RSUs were granted on March 3, 2021 and vest in three installments as follows: 60% on March 3, 2024; 20% on March 3, 2025, and 20% on March 3, 2026. Sixty percent of the RSUs vested on March 4, 2024, the first trading day following March 3, 2024. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.

Footnote F4

As previously disclosed, these RSUs were granted on March 3, 2021 and vest in four installments as follows: 25% on March 3, 2023; 25% on March 3, 2024; 25% on March 3, 2025; and 25% on March 3, 2026. Twenty-five percent of the RSUs vested on March 4, 2024, the first trading day following March 3, 2024. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.

Footnote F5

Subject to certain vesting conditions and exceptions, these RSUs vest in three installments as follows: 60% on March 4, 2027; 20% on March 4, 2028, and 20% on March 4, 2029. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.

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