SEC Form 4 · accession 0001127602-17-019058
STARBUCKS CORP · SBUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clifford Burrows
Officer — group pres. Siren Retail
Period of report
May 18, 2017
Accepted (ET)
May 22, 2017 · 6:07 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 | May 18, 2017 | M | 114,826 | $21.82 | A | 363,343 | D | |
| Common StockF1 | May 18, 2017 | S | 114,826 | $59.4559 | D | 248,517 | 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 | $21.82 | May 18, 2017 | M | 114,826 | D | — | Nov 14, 2021 | Common Stock | 114,826 | 100,000 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $59.36 to $59.56. 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 214,826 shares, became exercisable in one increment of 53,708 shares on November 14, 2012 and three increments of 53,706 shares each on November 14, 2013, November 14, 2014 and November 14, 2015.