SEC Form 4 · accession 0001127602-15-026850
STARBUCKS CORP · SBUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Javier G Teruel
Director
Period of report
Sep 8, 2015
Accepted (ET)
Sep 10, 2015 · 6:32 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 | Sep 8, 2015 | M | 120,000 | $11.54 | A | 172,584 | D | |
| Common Stock | Sep 8, 2015 | S | 61,534 | $54.89 | D | 111,050 | 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)F3,F4 | $11.54 | Sep 8, 2015 | M | 120,000 | D | — | Sep 20, 2015 | Common Stock | 120,000 | 0 | D |
Explanation of responses
- F1On 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.
- F2Includes 66 deferred stock units acquired on November 29, 2013, 76 deferred stock units acquired on February 21, 2014, 76 deferred stock units acquired on May 23, 2014, 70 deferred stock units acquired on August 22, 2014, 106 deferred stock units acquired on November 28, 2014, 92 deferred stock units acquired on February 20, 2015, 85 deferred stock units acquired on May 22, 2015, and 83 deferred stock units acquired on August 21, 2015, representing a dividend on deferred stock units pursuant to a dividend reinvestment plan. All deferred stock units acquired prior to April 9, 2015 have been adjusted to reflect the stock split. Total shares reported reflects the 2-for-1 stock split described above.
- F3In 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.
- F4The option vested in three equal annual installments beginning on the first anniversary date of the grant.