SEC Form 4 · accession 0001127602-16-068367
STARBUCKS CORP · SBUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Culver
Officer — group pres, Global Retail
Period of report
Nov 21, 2016
Accepted (ET)
Nov 23, 2016 · 4:50 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 21, 2016 | F | 8,434 | $56.10 | D | 342,022 | 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)F2 | $56.10 | Nov 21, 2016 | A | 211,089 | A | — | Nov 21, 2026 | Common Stock | 211,089 | 211,089 | D |
Explanation of responses
- F1Shares withheld by the issuer to satisfy tax withholding obligations upon vesting of restricted stock units; not an open market transaction.
- F2The option, representing the right to buy a total of 211,089 shares, becomes exercisable in one increment of 52,773 shares on November 21, 2017 and three increments of 52,772 shares each on November 21, 2018, November 21, 2019 and November 21, 2020.