Form 4 for KDP Keurig Dr Pepper
Accepted 2021-07-08 00:00:00 ET · period of report 2021-07-06 · accession 0001209191-21-046020 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021-07-08 | 2021-07-06 | KDP | Mondelez International, Inc. | Dir | D - Sale to Iss | $0.00 | -20.7K | 90.25M | -0.0% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-07-06 | D | D | 20,736 | $0.00 | 90,247,407 | D | — | — | (F1) Effective June 18 and June 10, 2021, Dirk Van de Put and Gerhard Pleuhs, respectively (the "Director Nominees"), director nominees of Mondelez International, Inc. ("Mondelez International"), no longer serve on the Board of Directors of Keurig Dr Pepper ("KDP"). Pursuant to the terms of KDP's Omnibus Stock Incentive Plan of 2009, as amended, KDP's Omnibus Stock Incentive Plan of 2019, and the agreements pursuant to which grants of Restricted Stock Units ("RSUs") were made to Mr. Van de Put and Mr. Pleuhs, each as applicable, upon cessation of their service on the Board of Directors, (a) grants made to Mr. Van de Put and Mr. Pleuhs in 2018 are forfeited and canceled and (b) grants made to Mr. Van de Put and Mr. Pleuhs in years subsequent to 2018 become fully vested except that RSUs granted within one year prior to the date of termination of service become fully vested with respect to the Applicable Fraction of the RSUs and are forfeited and canceled with respect to the remaining RSUs. (F2) The Directors Nominees agreed that they would not receive any separate compensation for serving as directors of KDP and would transfer to Mondelez International any director compensation received from KDP, including any awards made pursuant to grants of RSUs. On July 6, 2021, KDP delivered to the Director Nominees an aggregate of 29,184 shares of KDP common stock pursuant to vested RSU grants. The Director Nominees have agreed to surrender beneficial ownership of these shares to Mondelez International, and we are now reporting these shares as directly owned. As of the date of this Report, Mondelez International owns no shares of KDP indirectly. |