Form 4 for KDP Keurig Dr Pepper
Accepted 2023-07-06 00:00:00 ET · period of report 2023-07-03 · accession 0001209191-23-041545 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-07-06 | 2023-07-03 | KDP | Gamgort Robert James | CEO, Executive COB, Dir | F - Tax | $31.47 | -206.0K | 2.71M | -7% | -$6.48M |
| DM | 2023-07-06 | 2023-07-03 | KDP | Gamgort Robert James | CEO, Executive COB, Dir | M - OptEx | $0.00 | +497.6K | 2.67M | +23% | $0 |
| DM | 2023-07-06 | 2023-07-03 | KDP | Gamgort Robert James | CEO, Executive COB, Dir | M - OptEx | $0.00 | -497.6K | 0 | -100% | $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 | 2023-07-03 | F | D | 102,991 | $31.47 | 2,565,673 | D | — | — | (F3) Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3. |
| 2 | Common | Common Stock | 2023-07-03 | M | A | 248,808 | $0.00 | 2,814,481 | D | — | — | (F1) Restricted Stock units convert into common stock on a one-for-one basis. |
| 3 | Common | Common Stock | 2023-07-03 | M | A | 248,808 | $0.00 | 2,668,664 | D | — | — | (F1) Restricted Stock units convert into common stock on a one-for-one basis. (F2) Reflects shares transferred between the reporting person and a grantor retained annuity trust, which was exempt from reporting pursuant to Rule 16a-13. |
| 4 | Common | Common Stock | 2023-07-03 | F | D | 102,991 | $31.47 | 2,711,490 | D | — | — | (F3) Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3. |
| 5 | Derivative | Restricted Stock Unit | 2023-07-03 | M | D | 248,808 | $0.00 | 0 | D | — · — to — | 248,808 Common Stock | (F1) Restricted Stock units convert into common stock on a one-for-one basis. (F4) As previously disclosed, these RSUs were acquired by the reporting person as a result of the conversion of restricted stock units of Maple Parent Holdings Corp. ("Maple") to restricted stock units of the Issuer pursuant to the Agreement and Plan of Merger, dated as of January 29, 2018, by and among Maple, Dr Pepper Snapple Group, Inc. and Salt Merger Sub, Inc. The RSUs vested in full on July 3, 2023. |
| 6 | Derivative | Restricted Stock Unit | 2023-07-03 | M | D | 248,808 | $0.00 | 0 | D | — · — to — | 248,808 Common Stock | (F1) Restricted Stock units convert into common stock on a one-for-one basis. (F4) As previously disclosed, these RSUs were acquired by the reporting person as a result of the conversion of restricted stock units of Maple Parent Holdings Corp. ("Maple") to restricted stock units of the Issuer pursuant to the Agreement and Plan of Merger, dated as of January 29, 2018, by and among Maple, Dr Pepper Snapple Group, Inc. and Salt Merger Sub, Inc. The RSUs vested in full on July 3, 2023. |