SEC Form 4 · accession 0001127602-16-050565
STARBUCKS CORP · SBUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James G Shennan Jr.
Director
Period of report
Apr 28, 2016
Accepted (ET)
May 2, 2016 · 5:56 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 Stock | Apr 28, 2016 | M | 48,334 | $4.32 | A | 86,393 | D | |
| Common StockF1 | Apr 28, 2016 | S | 48,334 | $56.9311 | D | 38,059 | D | |
| Common Stock | holding | — | — | — | 35,000 | 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)F2 | $4.32 | Apr 28, 2016 | M | 48,334 | D | Nov 17, 2009 | Nov 17, 2018 | Common Stock | 48,334 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $56.920 to $57.005. 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.
- F2The option, representing the right to buy a total of 83,334 shares, becomes exercisable in one increment on November 17, 2009.