SEC Form 4 · accession 0001209191-17-014792
Keurig Dr Pepper Inc. · KDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry D Young
Officer — President & CEO · Director
Period of report
Feb 23, 2017
Accepted (ET)
Feb 27, 2017 · 4:37 pm 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 23, 2017 | A | 99,893 | $0.00 | A | 249,893 | D | |
| Common Stock | Feb 23, 2017 | F | 40,362 | $0.00 | D | 209,531 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were issued to the Reporting Person as the result of the vesting of non-derivative performance stock units ("PSU"). The level of achievement of the performance targets set forth in the Issuer's PSU Plan and the number of shares to be issued was approved by the Compensation Committee of the Issuer on February 23, 2017. 40,362 shares were withheld by Issuer to satisfy tax withholding obligations in connection with the vesting of these PSUs.