SEC Form 4 · accession 0001127602-16-067267
STARBUCKS CORP · SBUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard D Schultz
Officer — chairman and ceo · Director
Period of report
Nov 11, 2016
Accepted (ET)
Nov 15, 2016 · 6:21 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 Stock | Jun 7, 2016 | G | 210,000 | $0.00 | D | 290,000 | I | by spouse |
| Common StockF1 | Jun 7, 2016 | G | 210,000 | $0.00 | A | 29,791,240 | D | |
| Common Stock | Aug 24, 2016 | G | 745,000 | $0.00 | D | 610,000 | I | by spouse |
| Common StockF2 | Aug 24, 2016 | G | 745,000 | $0.00 | A | 31,491,240 | D | |
| Common Stock | Aug 29, 2016 | G | 610,000 | $0.00 | D | 0 | I | by spouse |
| Common Stock | Aug 29, 2016 | G | 610,000 | $0.00 | D | 0 | I | by GRAT |
| Common StockF3 | Sep 14, 2016 | G | 2,000,000 | $0.00 | D | 29,491,240 | D | |
| Common Stock | Sep 14, 2016 | G | 2,000,000 | $0.00 | A | 2,000,000 | I | By spouse |
| Common StockF4 | Nov 11, 2016 | F | 41,061 | $53.93 | D | 27,450,179 | D | |
| Common Stock | holding | — | — | — | 550,181 | I | Family Owned LLC | |
| Common Stock | holding | — | — | — | 2,000,000 | I | by GRAT | |
| Common Stock | holding | — | — | — | 2,000,000 | I | by spouse | |
| Common Stock | holding | — | — | — | 2,000,000 | I | By GRAT | |
| Common Stock | holding | — | — | — | 290,000 | I | by GRAT |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 210,000 shares that were previously shown as indirectly owned through a grantor retained annuity trust (GRAT) for which the reporting person serves as the sole trustee. The shares were transferred to the reporting person on June 7, 2016 as an annuity payment that was exempt from Section 16 pursuant to Rule 16a-13.
- F2Includes 745,000 shares that were previously shown as indirectly owned through a grantor retained annuity trust (GRAT) for which the reporting person serves as the sole trustee. The shares were transferred to the reporting person on August 24, 2016 as an annuity payment that was exempt from Section 16 pursuant to Rule 16a-13.
- F3This total has been reduced to reflect the gift of 2,000,000 shares of common stock to the reporting person's spouse reported in this Form 4, and 2,000,000 shares previously contributed by the reporting person to a grantor retained annuity trust for which the reporting person is the sole trustee and sole beneficiary.
- F4Shares withheld by the issuer to satisfy tax withholding obligations upon vesting of restricted stock units; not an open market transaction.