SEC Form 4 · accession 0001127602-18-003846
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
Jan 31, 2018
Accepted (ET)
Feb 2, 2018 · 6:02 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 | Jan 31, 2018 | M | 100,000 | $21.82 | A | 331,829 | D | |
| Common Stock | Jan 31, 2018 | M | 62,826 | $24.87 | A | 394,655 | D | |
| Common StockF1 | Jan 31, 2018 | S | 162,826 | $57.0163 | D | 231,829 | 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 | Jan 31, 2018 | M | 100,000 | D | — | Nov 14, 2021 | Common Stock | 100,000 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F3 | $24.87 | Jan 31, 2018 | M | 62,826 | D | — | Nov 19, 2022 | Common Stock | 62,826 | 62,828 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $56.90 to $57.155. 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.
- F3The option, representing the right to buy a total of 125,654 shares, became exercisable in three increments of 31,414 shares each on November 19, 2013, November 19, 2014 and November 19, 2015, and one increment of 31,412 shares on November 19, 2016.