SEC Form 4 · accession 0001209191-17-011323
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
Feb 15, 2017
Accepted (ET)
Feb 16, 2017 · 8:45 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 15, 2017 | M | 10,000 | $51.68 | A | 10,000 | D | |
| Common StockF2,F3 | Feb 15, 2017 | S | 10,000 | $92.9625 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $51.68 | Feb 15, 2017 | M | 10,000 | D | — | Mar 3, 2024 | Common Stock | 10,000 | 29,224 | D |
Explanation of responses
- F1This option was granted pursuant to the Issuer's Omnibus Stock Incentive Plan of 2009 and vests in three equal installments on each anniversary date of the grant commencing on March 3, 2015.
- F2The price represents the weighted average sale price of the securities disposed of. The range of prices for the transaction is $92.95-$93.00. 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.
- F368,000 shares are beneficially owned by Martin Robin Partners L.P., in which the reporting person has a pecuniary interest.