SEC Form 4 · accession 0001127602-17-027346
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
Sep 8, 2017
Accepted (ET)
Sep 12, 2017 · 6:03 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 | Sep 8, 2017 | M | 64,776 | $40.495 | A | 390,341 | D | |
| Common StockF1 | Sep 8, 2017 | S | 64,776 | $53.5441 | D | 325,565 | 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 | $40.495 | Sep 8, 2017 | M | 64,776 | D | — | Nov 11, 2023 | Common Stock | 64,776 | 32,388 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $53.50 to $53.575. 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 129,554 shares, became exercisable in one increment of 32,390 shares on November 11, 2014 and two increments of 32,388 shares each on November 11, 2015 and November 11, 2016, and becomes exercisable in one increment of 32,388 shares on November 11, 2017.