SEC Form 4 · accession 0001127602-17-015111
STARBUCKS CORP · SBUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard D Schultz
Officer — executive chairman · Director
Period of report
Apr 17, 2017
Accepted (ET)
Apr 19, 2017 · 6:13 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 StockF1 | Dec 13, 2016 | G | 225,000 | $0.00 | D | 28,379,011 | D | |
| Common Stock | Dec 13, 2016 | G | 940,000 | $0.00 | D | 1,060,000 | I | by spouse |
| Common Stock | Dec 13, 2016 | G | 940,000 | $0.00 | A | 29,319,011 | D | |
| Common Stock | holding | — | — | — | 290,000 | I | by GRAT | |
| Common Stock | holding | — | — | — | 290,000 | I | by spouse | |
| Common Stock | holding | — | — | — | 2,000,000 | I | by GRAT | |
| Common Stock | holding | — | — | — | 2,000,000 | I | by spouse | |
| Common Stock | holding | — | — | — | 550,181 | I | by Family Owned LLC | |
| Common Stock | holding | — | — | — | 1,060,000 | I | by GRAT |
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 | $58.08 | Apr 17, 2017 | A | 33,982 | A | — | Apr 17, 2027 | Common Stock | 33,982 | 33,982 | D |
Explanation of responses
- F1Includes 940,000 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 December 13, 2016 as an annuity payment that was exempt from Section 16 pursuant to Rule 16a-13.
- F2The option, representing the right to buy a total of 33,982 shares, becomes exercisable in two increments of 8,496 shares each on November 21, 2017 and November 21, 2018 and two increments of 8,495 shares each on November 21, 2019 and November 21, 2020.