SEC Form 4 · accession 0001209191-17-018422
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 2, 2017
Accepted (ET)
Mar 6, 2017 · 5:38 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 | Mar 3, 2017 | M | 6,191 | $0.00 | A | 100,470 | D | |
| Common Stock | Mar 3, 2017 | J | 467 | $0.00 | A | 100,937 | D | |
| Common Stock | Mar 3, 2017 | F | 2,794 | $0.00 | D | 98,143 | 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)F4 | $94.62 | Mar 2, 2017 | A | 21,107 | A | — | Mar 2, 2027 | Common Stock | 21,107 | 21,107 | D |
| Restricted Stock UnitF5,F6 | $0.00 | Mar 2, 2017 | A | 3,329 | A | — | — | Common Stock | 3,329 | 3,329 | D |
| Restricted Stock UnitF5,F7 | $0.00 | Mar 3, 2017 | M | 6,191 | D | — | — | Common Stock | 6,191 | 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 March 3, 2017.
- 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 3, 2017.
- 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 2, 2018.
- F5Each 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.
- F6These restricted stock units vest in one installment on March 4, 2020 and will be settled in shares of the Issuer's Common Stock on the vesting date.
- F7These restricted 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.