SEC Form 4 · accession 0001127602-18-021979
STARBUCKS CORP · SBUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard D Schultz
Other
Period of report
Jun 26, 2018
Accepted (ET)
Jun 28, 2018 · 6:37 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 | Nov 30, 2017 | G | 830,000 | $0.00 | D | 1,170,000 | I | by spouse |
| Common StockF1 | Nov 30, 2017 | G | 830,000 | $0.00 | A | 31,458,282 | D | |
| Common Stock | Nov 30, 2017 | G | 575,000 | $0.00 | D | 30,883,282 | D | |
| Common Stock | Dec 8, 2017 | G | 1,060,000 | $0.00 | D | 0 | I | by spouse |
| Common StockF2 | Dec 8, 2017 | G | 1,060,000 | $0.00 | A | 33,003,282 | D | |
| Common StockF3 | Jun 26, 2018 | A | 20,735 | $0.00 | A | 33,024,017 | D | |
| Common StockF4 | Jun 26, 2018 | F | 21,749 | $50.38 | D | 33,002,268 | D | |
| Common Stock | holding | — | — | — | 1,170,000 | I | by GRAT | |
| Common Stock | holding | — | — | — | 525,181 | I | by Family Owned LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 830,000 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 November 30, 2017 as an annuity payment that was exempt from Section 16 pursuant to Rule 16a-13.
- F2Includes 1,060,000 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 7, 2017 as an annuity payment in termination of the GRAT that was exempt from Section 16 pursuant to Rule 16a-13.
- F3Pursuant to the terms of a Retirement Agreement between the issuer and the reporting person, dated June 1, 2018, effective on June 26, 2018, (1) 31,566 shares subject to the performance-based Restricted Stock Unit ("RSU") granted on November 15, 2017 were deemed earned and vested and (2) 30,945 shares previously reported as part of the 83,553 shares earned pursuant to the performance-based RSU granted on November 16, 2015 (the "November 2015 Grant"), of which 41,777 shares vested on November 16, 2017 and 41,776 were scheduled to vest on November 16, 2018, became vested. The number shown includes the forfeiture of the remaining 10,831 shares subject to the November 2015 Grant.
- F4Shares withheld by the issuer to satisfy tax withholding obligations upon vesting of RSUs; not an open market transaction.