SEC Form 4 · accession 0001127602-19-004875
STARBUCKS CORP · SBUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Culver
Officer — group pres, Int'l & Channel
Period of report
Feb 7, 2019
Accepted (ET)
Feb 8, 2019 · 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 StockF1 | Feb 7, 2019 | M | 32,388 | $40.495 | A | 398,820 | D | |
| Common Stock | Feb 7, 2019 | M | 136,708 | $38.915 | A | 535,528 | D | |
| Common StockF2 | Feb 7, 2019 | S | 169,096 | $68.81 | D | 366,432 | 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)F3 | $40.495 | Feb 7, 2019 | M | 32,388 | D | — | Nov 11, 2023 | Common Stock | 32,388 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F4 | $38.915 | Feb 7, 2019 | M | 136,708 | D | — | Nov 17, 2024 | Common Stock | 136,708 | 0 | D |
Explanation of responses
- F1Includes 30 shares purchased on December 31, 2018, pursuant to the Starbucks Corporation Employee Stock Purchase Plan.
- F2This transaction was executed in multiple trades at prices ranging from $68.505 to $69.19. 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.
- F3The 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 three increments of 32,388 shares each on November 11, 2015, November 11, 2016 and November 11, 2017.
- F4The option, representing the right to buy a total of 136,708 shares, became exercisable in two increments of 34,178 shares each on November 17, 2015 and November 17, 2016, and two increments of 34,176 shares each on November 17, 2017 and November 17, 2018.