Form 4 for KDP Keurig Dr Pepper
Accepted 2024-01-18 00:00:00 ET · period of report 2024-01-16 · accession 0001418135-24-000001 · 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 | 2024-01-18 | 2024-01-16 | KDP | Gamgort Robert James | CEO, Executive COB, Dir | M - OptEx | $0.00 | +179.0K | 2.89M | +7% | $0 |
| D | 2024-01-18 | 2024-01-16 | KDP | Gamgort Robert James | CEO, Executive COB, Dir | F - Tax | $31.83 | -65.9K | 2.82M | -2% | -$2.10M |
| D | 2024-01-18 | 2024-01-16 | KDP | Gamgort Robert James | CEO, Executive COB, Dir | M - OptEx | $0.00 | -179.0K | 73.8K | -71% | $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 | 2024-01-16 | M | A | 179,037 | $0.00 | 2,890,527 | D | — | — | (F1) Reflects the settlement of vested restricted stock units ("RSUs") and performance-based RSUs into common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2024-01-16 | F | D | 65,915 | $31.83 | 2,824,612 | D | — | — | (F2) Shares withheld for payment of applicable taxes upon settlement of the RSUs described herein in accordance with Rule 16b-3. |
| 3 | Derivative | Restricted Stock Unit | 2024-01-16 | M | D | 179,037 | $0.00 | 73,785 | D | — · — to — | 179,037 Common Stock | (F3) Reflects a grant of 868,056 restricted stock units made on September 15, 2020, which was amended on December 7, 2020. 25% of such award vested in three equal annual installments beginning on January 15, 2022. The remaining 75% was subject to certain performance-based vesting conditions. The 179,037 shares represent 71,615 time-based RSUs and 107,422 performance-based RSUs, each of which vested on January 15, 2023 and settled on January 16, 2024. All remaining performance-based RSUs were forfeited for no value. The remaining 73,785 time-based RSUs vested on January 15, 2024 and will settle on January 15, 2025. (F1) Reflects the settlement of vested restricted stock units ("RSUs") and performance-based RSUs into common stock on a one-for-one basis. |