SEC Form 4 · accession 0001179110-15-015878
KEURIG GREEN MOUNTAIN, INC. · GMCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian P Kelley
Officer — CEO and President · Director
Period of report
Dec 3, 2015
Accepted (ET)
Dec 4, 2015 · 9:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000909954
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 3, 2015 | M | 50,912 | — | A | 142,453 | D | |
| Common StockF4,F5 | Dec 4, 2015 | F | 24,464 | $53.28 | D | 117,979 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Dec 3, 2015 | M | 4,628 | D | — | — | Common Stock | 4,628 | 4,629 | D |
| Restricted Stock UnitsF1,F3 | — | Dec 3, 2015 | M | 46,284 | D | — | — | Common Stock | 46,284 | 0 | D |
Explanation of responses
- F1The reporting person had vested restricted stock units settled in shares of common stock par value $0.10, of Keurig Green Mountain, Inc. (the "Company").
- F2On December 3, 2012 the reporting person was granted 18,513 restricted stock units which vest in four equal installments. Each restricted stock unit represents a contingent right to receive one share of Common Stock. 4,628 of the restricted stock units vested on December 3, 2015.
- F3On December 3, 2012 the reporting person was granted 92,568 restricted stock units. Fifty percent vested on December 3, 2014, the second anniversary of the grant date, and 46,284 restricted stock units, which represented the remaining 50%, vested on December 3, 2015, the third anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- F4This number represents shares of Common Stock sold to satisfy the tax obligation due upon vesting of the restricted stock units.
- F5This transaction was executed in multiple trades at prices ranging from $52.76 to $54.22. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC Staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.