SEC Form 4 · accession 0001209191-18-014331
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 26, 2018
Accepted (ET)
Feb 28, 2018 · 8:07 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 26, 2018 | A | 8,022 | $0.00 | A | 8,022 | D | |
| Common StockF2 | Feb 26, 2018 | F | 1,961 | $0.00 | D | 6,061 | 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 26, 2018. 1,961 shares were withheld by Issuer to satisfy tax withholding obligations in connection with the vesting of these PSUs.
- F269,000 shares are beneficially owned by Martin Robin Partners L.P., in which the reporting person has a pecuniary interest.