SEC Form 4 · accession 0001127602-16-046220
COCA COLA CO · KO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clyde C Tuggle
Officer — Senior Vice President
Period of report
Mar 10, 2016
Accepted (ET)
Mar 14, 2016 · 2:32 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 Value | Mar 10, 2016 | M | 100,000 | $24.105 | A | 255,000 | D | |
| Common Stock, $.25 Par ValueF2 | Mar 10, 2016 | S | 74,900 | $45.0023 | D | 180,100 | D | |
| Common Stock, $.25 Par ValueF3 | holding | — | — | — | 2,008 | I | By Trusts | |
| Common Stock, $.25 Par ValueF4 | holding | — | — | — | 29,672 | I | By 401(k) Plan |
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)F5 | $24.105 | Mar 10, 2016 | M | 100,000 | D | — | May 29, 2016 | Common Stock, $.25 Par Value | 100,000 | 0 | D |
| Hypothetical SharesF8,F6,F7 | — | holding | — | — | — | — | — | Common Stock, $.25 Par Value | 13,872 | 13,872 | I |
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on October 26, 2015. The reporting person sold a sufficient number of shares to satisfy the option exercise cost, taxes and brokerage fees and commissions. The net resulting shares were not sold by the reporting person.
- F2The price is the weighted average sale price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.085. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F3Shares held in trusts, of which the reporting person's brother is the trustee, for the benefit of each of the reporting person's two children.
- F4Shares credited to my account under The Coca-Cola Company 401(k) Plan, as of March 9, 2016.
- F5Option (with tax withholding right) granted on May 30, 2001 under The Coca-Cola Company 1999 Stock Option Plan. One-fourth of grant became exercisable on the first, second, third and fourth anniversaries of the grant date.
- F6Each hypothetical share is equal to one share of Common Stock of The Coca-Cola Company.
- F7There is no data applicable with respect to the hypothetical shares.
- F8As of March 9, 2016.