SEC Form 4 · accession 0001209191-16-106802

Keurig Dr Pepper Inc. · KDP

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

James L. Baldwin Jr.

Officer — Executive Vice President

Period of report

Mar 4, 2016

Accepted (ET)

Mar 8, 2016 · 7:17 am EST

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
Common Stock	Mar 4, 2016	M	7,120	$0.00	A	87,658	D
Common Stock	Mar 4, 2016	J	614	$0.00	A	88,272	D
Common Stock	Mar 4, 2016	F	3,245	$0.00	D	85,027	D
Common Stock	Mar 4, 2016	M	7,514	$43.82	A	92,541	D
Common Stock	Mar 4, 2016	M	9,195	$51.68	A	101,736	D
Common Stock	Mar 4, 2016	M	6,877	$79.20	A	108,613	D
Common Stock^F7	Mar 4, 2016	S	23,586	$91.631	D	85,027	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Unit^F8,F9	$0.00	Mar 4, 2016	M	7,120	D	—	—	Common Stock	7,120	0	D
Employee Stock Option (Right to Buy)^F4	$43.82	Mar 4, 2016	M	7,514	D	—	Mar 4, 2023	Common Stock	7,514	0	D
Employee Stock Option (Right to Buy)^F5	$51.68	Mar 4, 2016	M	9,195	D	—	Mar 3, 2024	Common Stock	9,195	9,195	D
Employee Stock Option (right to buy)^F6	$79.20	Mar 4, 2016	M	6,877	D	—	Mar 2, 2025	Common Stock	6,877	13,752	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 March 4, 2016.
F2These shares are restricted stock units (acquired with dividend equivalent payments made under the Issuer's dividend reinvestment plan with respect to the shares referenced in footnote (1) above) that vested on March 4, 2016.
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.
F4This option was granted pursuant to the Issuer's Omnibus Stock Incentive Plan of 2009 and vests in three equal annual installments on each anniversary date of the grant commencing on March 4, 2014.
F5This option was granted pursuant to the Issuer's Omnibus Stock Incentive Plan of 2009 and vests in three equal annual installments on each anniversary date of the grant commencing on March 3, 2015.
F6This option was granted pursuant to the Issuer's Omnibus Stock Incentive Plan of 2009 and vests in three equal annual installments on each anniversary date of the grant commencing on March 2, 2016.
F7The price represents the weighted average sale price of the securities disposed of. The range of prices for the transaction is $91.31-$91.86. 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.
F8Each 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.
F9Restricted stock units vest in one installment three years from the date of grant and will be settled in shares of the Issuer's Common Stock on the vesting date.