STARBUCKS CORP — Director's Dealing 2015

Aug 7, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STARBUCKS CORP (SBUX)
CIK: 0000829224
Period of Report: 2015-08-04

Reporting Person: SCHULTZ HOWARD D (Director, chairman and ceo)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-08-04	Common Stock	M	888436	$18.375	Acquired	33450250	Direct
2015-08-04	Common Stock	M	300000	$11.435	Acquired	33750250	Direct
2015-08-04	Common Stock	S	1188436	$58.5537	Disposed	32561814	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-08-04	Non-qualified Stock Option (Right to Buy)	$18.375	M	888436	Disposed	2016-11-20	Common Stock (888436)	Direct
2015-08-04	Non-qualified Stock Option (Right to Buy)	$11.435	M	300000	Disposed	2017-11-19	Common Stock (300000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2000000	Indirect
Common Stock	2000000	Indirect
Common Stock	500000	Indirect
Common Stock	500000	Indirect
Common Stock	590000	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $58.53 to $58.61. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F2: The option, representing the right to buy a total of 1,088,436 shares, became exercisable in two increments of 272,110 shares each on November 20, 2007 and November 20, 2008, and two increments of 272,108 shares each on November 20, 2009 and November 20, 2010. The exercise price and number of shares subject to the option were adjusted in accordance with the terms of the stock option plan to reflect the 2-for-1 stock split that occurred on April 9, 2015.

F3: The option, representing the right to buy a total of 1,374,226 shares, became exercisable in an increment of 171,779 shares on November 19, 2008, and increments of 171,778 shares each on November 19, 2009, November 19, 2010 and November 19, 2011. The exercise price and number of shares subject to the option were adjusted in accordance with the terms of the stock option plan to reflect the 2-for-1 stock split that occurred on April 9, 2015.