Form 4 for KDP Keurig Dr Pepper
Accepted 2022-04-21 00:00:00 ET · period of report 2022-04-19 · accession 0001209191-22-025162 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-04-21 | 2022-04-19 | KDP | Mondelez International, Inc. | Dir | D - Sale to Iss | $0.00 | -4,961 | 75.54M | -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 | 2022-04-19 | D | D | 4,961 | $0.00 | 75,543,005 | D | — | — | (F1) Effective April 1, 2022, Nelson Urdaneta (the "Director Nominee"), director nominee of Mondelez International, Inc. ("Mondelez International"), no longer serves on the Board of Directors of Keurig Dr Pepper ("KDP"). Pursuant to KDP's Omnibus Stock Incentive Plan of 2019 and the agreements pursuant to which grants of Restricted Stock Units ("RSUs") were made to Mr. Urdaneta, as applicable, upon cessation of his service on the Board of Directors, grants made to Mr. Urdaneta 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 Director Nominee agreed that he would not receive any separate compensation for serving as a director of KDP and would transfer to Mondelez International any director compensation received from KDP, including any awards made pursuant to grants of RSUs. On April 19, 2022, KDP delivered to the Director Nominee 1,598 shares of KDP common stock pursuant to vested RSU grants. The Director Nominee 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. |