Form 4 for KDP Keurig Dr Pepper
Accepted 2023-09-19 00:00:00 ET · period of report 2023-09-15 · accession 0001209191-23-050007 · 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 | 2023-09-19 | 2023-09-15 | KDP | Johnson Roger Frederick | Chief Supply Chain Off | M - OptEx | $0.00 | +8,681 | 117.4K | +8% | $0 |
| D | 2023-09-19 | 2023-09-15 | KDP | Johnson Roger Frederick | Chief Supply Chain Off | F - Tax | $33.30 | -8,355 | 109.0K | -7% | -$278.2K |
| D | 2023-09-19 | 2023-09-15 | KDP | Johnson Roger Frederick | Chief Supply Chain Off | M - OptEx | $0.00 | -8,681 | 17.4K | -33% | $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 | 2023-09-15 | M | A | 8,681 | $0.00 | 117,382 | D | — | — | (F1) Restricted Stock units convert into common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2023-09-15 | F | D | 8,355 | $33.30 | 109,027 | D | — | — | (F2) Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3. |
| 3 | Derivative | Restricted Stock Unit | 2023-09-15 | M | D | 8,681 | $0.00 | 17,361 | D | — · — to — | 8,681 Common Stock | (F1) Restricted Stock units convert into common stock on a one-for-one basis. (F3) 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 15, 2020 and vest in three installments as follows: one-third on September 15, 2023, one-third on September 15, 2024, and one-third on September 15, 2025. One-third of the RSUs vested on September 15, 2023. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019. |