SEC Form 4 · accession 0001127602-19-004870
STARBUCKS CORP · SBUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vivek C Varma
Officer — evp, Public Affairs
Period of report
Feb 6, 2019
Accepted (ET)
Feb 8, 2019 · 6:00 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 | Feb 6, 2019 | M | 50,000 | $40.495 | A | 117,640 | D | |
| Common StockF1 | Feb 6, 2019 | S | 50,000 | $69.1317 | D | 67,640 | D | |
| Common Stock | holding | — | — | — | 93,171 | I | by family LLC |
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 | Feb 6, 2019 | M | 50,000 | D | — | Nov 11, 2023 | Common Stock | 50,000 | 50,470 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $69.07 to $69.225. 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 100,470 shares, became exercisable in three increments of 25,118 shares each on November 11, 2014, November 11, 2015 and November 11, 2016, and one increment of 25,116 shares on November 11, 2017.