SEC Form 4 · accession 0001209191-15-031667
Keurig Dr Pepper Inc. · KDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin M Ellen
Officer — Executive Vice President & CFO
Period of report
Apr 1, 2015
Accepted (ET)
Apr 2, 2015 · 5:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001418135
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 1, 2015 | J | 14,797 | $0.00 | A | 14,797 | D | |
| Common Stock | Apr 1, 2015 | J | 2,264 | $0.00 | A | 17,061 | D | |
| Common Stock | Apr 1, 2015 | F | 7,158 | $0.00 | D | 9,903 | D | |
| Common StockF4 | Apr 1, 2015 | S | 8,903 | $78.1085 | D | 1,000 | D | |
| Common Stock | Apr 1, 2015 | J | 1,000 | $0.00 | D | 0 | D | |
| Common StockF5 | Apr 1, 2015 | J | 1,000 | $0.00 | A | 63,000 | I | By Limited Partnership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF6,F1,F7 | $0.00 | Apr 1, 2015 | J | 14,797 | D | — | — | Common Stock | 14,797 | 0 | D |
Explanation of responses
- F1These shares represent restricted stock units granted pursuant to the Issuer's Omnibus Stock Incentive Plan of 2009 that vested on April 1, 2015.
- F2These shares are restricted stock units acquired with dividend equivalent payments made under the Issuer's dividend reinvestment plan with respect to the 14,797 RSUs that vested on April 1, 2015.
- F3Represents shares withheld by Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units referenced in footnotes (1) and (2) above.
- F4The price represents the weighted average sale price of the securities disposed of. The range of prices for the transaction is $77.9400-$78.2600. The reporting person shall provide upon request by the SEC, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F5The reporting person directed that the 1,000 shares beneficially owned by reporting person be transferred to Martin Robin Partners, L.P., in which the reporting person has a pecuniary interest.
- F6Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock and is granted pursuant to the Issuer's Omnibus Stock Incentive Plan of 2009.
- F7These restricted stock units vest in one installment five years from the date of grant and will be settled in shares of the Issuer's Common Stock on the vesting date.