SEC Form 4 · accession 0001179110-15-016009
KEURIG GREEN MOUNTAIN, INC. · GMCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kazanova Linda Longo
Officer — Chief HR Officer
Period of report
Dec 6, 2015
Accepted (ET)
Dec 8, 2015 · 9:44 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 6, 2015 | M | 466 | — | A | 5,391 | D | |
| Common StockF4,F3 | Dec 7, 2015 | F | 83 | $89.41 | D | 5,308 | D | |
| Common StockF7 | Dec 8, 2015 | M | 1,801 | $51.56 | A | 7,109 | D | |
| Common Stock | Dec 8, 2015 | M | 6,790 | $54.12 | A | 13,899 | D | |
| Common Stock | Dec 8, 2015 | M | 15,000 | $40.71 | A | 28,899 | D | |
| Common StockF7 | Dec 8, 2015 | S | 23,591 | $89.72 | D | 5,308 | 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 6, 2015 | M | 466 | D | — | — | Common Stock | 466 | 933 | D |
| Stock OptionsF6,F5 | $40.71 | Dec 8, 2015 | M | 15,000 | D | — | Feb 17, 2021 | Common Stock | 15,000 | 0 | D |
| Stock OptionsF6,F8 | $54.12 | Dec 8, 2015 | M | 6,790 | D | — | Mar 22, 2022 | Common Stock | 6,790 | 2,264 | D |
| Stock OptionF6,F9 | $51.56 | Dec 8, 2015 | M | 1,801 | D | — | Mar 7, 2023 | Common Stock | 1,801 | 1,801 | 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 6, 2013 the reporting person was granted 1,865 restricted stock units which vest in four equal installments. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock ("Common Stock"). 466 of the restricted units vested on December 6, 2015.
- F3This transaction was executed in multiple trades at prices ranging from $89.38 to $89.43. 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.
- F4This number represents shares of Common Stock sold to satisfy the tax obligation due upon vesting of the restricted stock units.
- F5Option vests in a four equal annual installments with the first installment vesting on February 17, 2012, the first anniversary of the grant date.
- F61 for 1.
- F7This transaction was executed in multiple trades at prices ranging from $89.60 to $89.82. 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.
- F8Option vests in four equal annual installments, with the first installment vesting on March 22, 2013, the anniversary of the grate date.
- F9Option vests in four equal annual installments, with the first installment vesting on March 7, 2014.