SEC Form 4 · accession 0001127602-15-030468
STARBUCKS CORP · SBUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clifford Burrows
Officer — group pres. US, Americas
Period of report
Nov 3, 2015
Accepted (ET)
Nov 5, 2015 · 6:00 pm EST
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 | Nov 3, 2015 | M | 100,632 | $15.3925 | A | 270,750 | D | |
| Common StockF2 | Nov 3, 2015 | S | 100,632 | $62.3789 | D | 170,118 | 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 | $15.3925 | Nov 3, 2015 | M | 100,632 | D | Nov 15, 2011 | Nov 15, 2020 | Common Stock | 100,632 | 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.
- F2This transaction was executed in multiple trades at prices ranging from $62.31 to $62.4307. 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.
- F3In accordance with the terms of the stock option plan, the exercise price of the option and the number of shares subject to the option have been adjusted to reflect the stock split referenced above.
- F4The option, representing the right to buy a total of 200,632 shares, became exercisable in four increments of 50,158 shares each on November 15, 2011, November 15, 2012, November 15, 2013 and November 15, 2014.