SEC Form 4 · accession 0001127602-15-025433
STARBUCKS CORP · SBUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Harlan Maw
Officer — evp, chief financial officer
Period of report
Aug 17, 2015
Accepted (ET)
Aug 19, 2015 · 6:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000829224
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 17, 2015 | F | 2,982 | $57.74 | D | 36,002 | D | |
| Common Stock | Aug 17, 2015 | M | 23,440 | $19.21 | A | 59,442 | D | |
| Common StockF4 | Aug 17, 2015 | S | 23,440 | $56.91 | D | 36,002 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F5 | $19.21 | Aug 17, 2015 | M | 23,440 | D | Aug 15, 2012 | Aug 15, 2021 | Common Stock | 23,440 | 0 | D |
Explanation of responses
- F1Shares withheld by the issuer to satisfy tax withholding obligations upon vesting of restricted stock units; not an open market transaction.
- F2On April 9, 2015, Starbucks Corporation effected a 2-for-1 stock split. The number of shares reported throughout this Form 4 have been adjusted to reflect the stock split.
- F3The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F4This transaction was executed in multiple trades at prices ranging from $56.85 to $57.01. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F5The option, representing the right to buy a total of 46,884 shares, became exercisable in two increments of 11,722 shares each on August 15, 2012 and August 15, 2013 and two increments of 11,720 shares each on August 15, 2014 and August 15, 2015. In accordance with the terms of the stock option plan, the exercise price of the option and number of shares subject to the option have been adjusted to reflect the stock split referenced above.