Form 4 for KDP Keurig Dr Pepper
Accepted 2023-09-15 00:00:00 ET · period of report 2023-09-13 · accession 0001209191-23-049640 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-09-15 | 2023-09-13 | KDP | Archambault Matthew Andrew | Pres, Commercial | F - Tax | $33.13 | -17.4K | 56.8K | -23% | -$576.5K |
| D | 2023-09-15 | 2023-09-15 | KDP | Archambault Matthew Andrew | Pres, Commercial | S - Sale+OE | $33.61 | -40.0K | 16.8K | -70% | -$1.34M |
| D | 2023-09-15 | 2023-09-13 | KDP | Archambault Matthew Andrew | Pres, Commercial | M - OptEx | $0.00 | +40.0K | 80.9K | +98% | $0 |
| D | 2023-09-15 | 2023-09-13 | KDP | Archambault Matthew Andrew | Pres, Commercial | M - OptEx | $0.00 | -40.0K | 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 | 2023-09-13 | F | D | 17,400 | $33.13 | 56,800 | D | — | — | (F2) Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3. (F3) Amount of securities beneficially owned following reported transaction reflects the transfer of 6,678 shares in a transaction exempt from Section 16 pursuant to Rule 16a-12. |
| 2 | Common | Common Stock | 2023-09-15 | S | D | 40,000 | $33.61 | 16,800 | D | — | — | (F4) The price represents the weighted average sales price of the shares that were sold in multiple transactions at prices ranging from $33.46 to $33.76. The reporting person undertakes to provide to the Company, any security holder of the Company or the SEC, upon request, full information regarding the number of shares sold at each separate price. |
| 3 | Common | Common Stock | 2023-09-13 | M | A | 40,000 | $0.00 | 80,878 | D | — | — | (F1) Restricted Stock units convert into common stock on a one-for-one basis. |
| 4 | Derivative | Restricted Stock Unit | 2023-09-13 | M | D | 40,000 | $0.00 | 0 | D | — · — to — | 40,000 Common Stock | (F1) Restricted Stock units convert into common stock on a one-for-one basis. (F5) As previously disclosed, these RSUs represent matching restricted stock units ("Matching RSUs") granted to the Reporting Person in connection with the Issuer's Elite Investment Program. These Matching RSUs were granted on September 13, 2018 and vested in full on September 13, 2023 ("Vesting Date"). The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019. |