SEC Form 4 · accession 0001209191-18-017325
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
Mar 2, 2018
Accepted (ET)
Mar 6, 2018 · 4:51 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 2, 2018 | M | 5,516 | $0.00 | A | 5,516 | D | |
| Common Stock | Mar 2, 2018 | J | 408 | $0.00 | A | 5,924 | D | |
| Common Stock | Mar 2, 2018 | F | 2,332 | $0.00 | D | 3,592 | D | |
| Common StockF5 | Mar 2, 2018 | J | 3,592 | $0.00 | D | 0 | D | |
| Common StockF5 | Mar 2, 2018 | J | 3,592 | $0.00 | A | 78,653 | I | By Limited Partnership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF6,F7 | $0.00 | Mar 2, 2018 | A | 13,420 | A | — | — | Common Stock | 13,420 | 13,420 | D |
| Restricted Stock UnitF6,F8 | $0.00 | Mar 2, 2018 | M | 5,516 | D | — | — | Common Stock | 5,516 | 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 2, 2018.
- 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 2, 2018.
- 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.
- F4The reporting person directed that the 3,592 shares beneficially owned by reporting person be transferred to Martin Robin Partners, L.P., in which the reporting person has a pecuniary interest.
- F578,653 shares are beneficially owned by Martin Robin Partners, L.P.,in which the reporting person has a pecuniary interest.
- F6Each 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.
- F7These restricted stock units vest in one installment on March 4, 2021 and will be settled in shares of the Issuer's Common Stock on the vesting date.
- F8These 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.