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STARBUCKS CORP — Director's Dealing 2015
Jun 10, 2015
29872_dirs_2015-06-09_de7d5660-45f6-49a7-bdfe-1f349f3a82ed.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: STARBUCKS CORP (SBUX)
CIK: 0000829224
Period of Report: 2015-06-05
Reporting Person: SCHULTZ HOWARD D (Director, chairman and ceo)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-05-20 | Common Stock | G | 500000 | — | Disposed | 32561814 | Direct |
| 2015-05-20 | Common Stock | G | 500000 | — | Acquired | 500000 | Indirect |
| 2015-06-05 | Common Stock | M | 311738 | $15.21 | Acquired | 32873552 | Direct |
| 2015-06-05 | Common Stock | S | 311738 | $52.2706 | Disposed | 32561814 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-06-05 | Non-qualified Stock Option (Right to Buy) | $15.21 | M | 311738 | Disposed | 2015-11-16 | Common Stock (311738) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2000000 | Indirect |
| Common Stock | 2000000 | Indirect |
| Common Stock | 500000 | Indirect |
| Common Stock | 590000 | Indirect |
Footnotes
F1: On April 9, 2015, Starbucks Corporation effected a 2-for-1 stock split. The number of shares reported throughout this Form 4 have been adjusted to reflect the stock split.
F2: This total has been reduced to reflect the gift of 500,000 shares of common stock to the reporting person's spouse reported in this Form 4, and 500,000 shares previously contributed by the reporting person to a grantor retained annuity trust for which the reporting person is the sole trustee and sole beneficiary.
F3: The option, representing the right to buy a total of 1,932,938 shares, became exercisable in one increment of 644,314 shares on November 16, 2006 and two increments of 644,312 shares each on November 16, 2007 and November 16, 2008. In accordance with the terms of the stock option plan, the exercise price of the option and number of shares subject to the option have been adjusted to reflect the stock split referenced above.