SEC Form 4 · accession 0001127602-19-003251
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 29, 2019
Accepted (ET)
Jan 31, 2019 · 6:08 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 29, 2019 | M | 62,828 | $24.87 | A | 311,083 | D | |
| Common Stock | Jan 29, 2019 | M | 89,806 | $38.915 | A | 400,889 | D | |
| Common StockF1 | Jan 29, 2019 | S | 152,634 | $67.2163 | D | 248,255 | 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 | $24.87 | Jan 29, 2019 | M | 62,828 | D | Nov 19, 2013 | Nov 19, 2022 | Common Stock | 62,828 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F3 | $38.915 | Jan 29, 2019 | M | 89,806 | D | Nov 17, 2015 | Nov 17, 2024 | Common Stock | 89,806 | 89,804 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $66.675 to $67.485. 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 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.
- F3The option, representing the right to buy a total of 179,610 shares, became exercisable in one increment of 44,904 shares on November 17, 2015 and three increments of 44,902 shares each on November 17, 2016, November 17, 2017 and November 17, 2018.