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STARBUCKS CORP — Director's Dealing 2017
Nov 17, 2017
29872_dirs_2017-11-16_bb268aa0-4c67-4352-9714-df4ce3e22316.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: 2017-11-14
Reporting Person: SCHULTZ HOWARD D (Director, executive chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-14 | Common Stock | A | 83553 | — | Acquired | 29872564 | Direct |
| 2017-11-15 | Common Stock | M | 290176 | $11.435 | Acquired | 30162740 | Direct |
| 2017-11-15 | Common Stock | S | 290176 | $57.0289 | Disposed | 29872564 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-15 | Non-qualified Stock Option (Right to Buy) | $11.435 | M | 290176 | Disposed | 2017-11-19 | Common Stock (290176) | 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: Restricted Stock Units ("RSUs") earned on the achievement of performance goals under performance-based RSUs granted on November 16, 2015. The RSUs are scheduled to vest, subject to continued employment, as follows; 41,777 shares on November 16, 2017 and 41,776 shares on November 16, 2018.
F2: This transaction was executed in multiple trades at prices ranging from $57.025 to $57.03. 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.
F3: The option, representing the right to buy a total of 1,374,226 shares, became exercisable in an increment of 343,558 shares on November 19, 2008, and 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.