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STARBUCKS CORP — Director's Dealing 2017
Nov 18, 2017
29872_dirs_2017-11-17_3ec93e21-e860-48ce-9b32-3b56c71584b7.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: 2017-11-15
Reporting Person: SCHULTZ HOWARD D (Director, executive chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-16 | Common Stock | M | 784050 | $11.435 | Acquired | 30656614 | Direct |
| 2017-11-16 | Common Stock | S | 784050 | $57.0505 | Disposed | 29872564 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-16 | Non-qualified Stock Option (Right to Buy) | $11.435 | M | 784050 | Disposed | 2017-11-19 | Common Stock (784050) | Direct |
| 2017-11-15 | Non-qualified Stock Option (Right to Buy) | $56.70 | A | 699677 | Acquired | 2027-11-15 | Common Stock (699677) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2000000 | Indirect |
| Common Stock | 2000000 | Indirect |
| Common Stock | 550181 | Indirect |
| Common Stock | 1060000 | Indirect |
| Common Stock | 1060000 | Indirect |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $57.03 to $57.12. 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 1,374,226 shares, became exercisable in one increment of 343,558 shares on November 19, 2008, and three increments of 343,556 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.
F3: The option, representing the right to buy a total of 699,677 shares, becomes exercisable in one increment of 174,920 shares on November 15, 2018 and three increments of 174,919 shares each on November 15, 2019, November 15, 2020 and November 15, 2021