SEC Form 4 · accession 0000021344-17-000010
COCA COLA CO · KO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B Weinberg
Director
Period of report
Mar 10, 2017
Accepted (ET)
Mar 14, 2017 · 2:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000021344
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.25 Par ValueF1 | Mar 10, 2017 | J | 0 | — | A | 3,540,000 | I | By family limited partnerships |
| Common Stock, $.25 Par Value | holding | — | — | — | 355,214 | D | ||
| Common Stock, $.25 Par Value | holding | — | — | — | 1,152,930 | I | By family member's living trust | |
| Common Stock, $.25 Par ValueF2 | holding | — | — | — | 2,466,558 | I | By family member's marital grantor trust | |
| Common Stock, $.24 Par ValueF3 | holding | — | — | — | 3,000,000 | I | By family trusts |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF6,F4,F5 | — | holding | — | — | — | — | — | Common Stock, $.25 Par Value | 10,815 | 10,815 | D |
Explanation of responses
- F1The reporting person and two members of his family (the "Purchasers") directly or through living trusts, purchased from a trust of which they are contingent beneficiaries, a 50% membership interest in a limited liability company that owns, indirectly through partnerships and other entities under its control, 3,540,000 shares of The Coca-Cola Company common stock. The Purchasers paid approximately $600,000 for the membership interest and, following the purchase, are the sole owners of the limited liability company. As a result of the purchase, the reporting person's pecuniary interest in shares owned indirectly through the limited liability company increased slightly, although the total number of shares owned by the limited liability company did not change. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F2The reporting person is one of three trustees and holds a remainder interest in the trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F3The reported securities are held in three trusts of which the reporting person is one of three trustees. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F4Each phantom share unit is economically equivalent to one share of Common Stock.
- F5The phantom share units credited under The Coca-Cola Company Directors' Plan effective January 1, 2013 (the Directors' Plan") are settled in cash the later of (i) January 15 of the year following the year in which the reporting person leaves the Board or, (ii) six months following the date on which the reporting person leaves the Board.
- F6This number includes phantom share units accrued under the Directors' Plan as result of crediting phantom dividends.