SEC Form 4 · accession 0001127602-16-041048
STARBUCKS CORP · SBUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James G Shennan Jr.
Director
Period of report
Feb 10, 2016
Accepted (ET)
Feb 12, 2016 · 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,F2 | Feb 10, 2016 | M | 16,328 | $18.375 | A | 54,270 | D | |
| Common StockF3 | Feb 10, 2016 | S | 16,328 | $55.3147 | D | 37,942 | D | |
| Common Stock | holding | — | — | — | 45,000 | I | By Shennan 1995 Trust | |
| Common Stock | holding | — | — | — | 124,880 | I | By Shennan Family Investments LLC | |
| Common Stock | holding | — | — | — | 312,088 | I | By Shennan LLC |
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)F4,F5 | $18.375 | Feb 10, 2016 | M | 16,328 | D | Nov 20, 2007 | Nov 20, 2016 | Common Stock | 16,328 | 0 | D |
Explanation of responses
- F1On April 9, 2015, Starbucks Corporation effected a 2-for-1 stock split. The number of shares reported has been adjusted to reflect the stock split.
- F2Includes 108 deferred stock units acquired on November 27, 2015, representing a dividend on deferred stock units pursuant to a dividend reinvestment plan.
- F3This transaction was executed in multiple trades at prices ranging from $55.3101 to $55.3150. 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.
- F4Exercise price and number of share/option awards has been adjusted to reflect the issuer's 2-for-1 stock split effected April 9, 2015.
- F5The option, representing the right to buy a total of 16,328 shares (adjusted to reflect the stock split), became exercisable in one increment on November 20, 2007.