SEC Form 4 · accession 0001127602-19-006418
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 13, 2019
Accepted (ET)
Feb 15, 2019 · 6:04 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 13, 2019 | M | 70,364 | $56.10 | A | 138,004 | D | |
| Common StockF1 | Feb 13, 2019 | S | 70,364 | $70.0493 | 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 | $56.10 | Feb 13, 2019 | M | 70,364 | D | — | Nov 21, 2026 | Common Stock | 70,364 | 70,362 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $70.00 to $70.135. 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 140,726 shares, became exercisable in two increments of 35,182 shares each on November 21, 2017 and November 21, 2018, and becomes exercisable in two increments of 35,181 shares each on November 21, 2019 and November 21, 2020.