Whitmore Justin 4
4 · Keurig Dr Pepper Inc. · Filed Mar 5, 2024
Insider Transaction Report
Form 4
Whitmore Justin
Chief Strategy Officer
Transactions
- Exercise/Conversion
Common Stock
2024-03-04+23,515→ 134,903 total - Exercise/Conversion
Common Stock
2024-03-04+20,412→ 155,315 total - Tax Payment
Common Stock
2024-03-04$29.10/sh−12,019$349,753→ 143,296 total - Exercise/Conversion
Restricted Stock Unit
2024-03-04−23,515→ 15,676 total→ Common Stock (23,515 underlying) - Exercise/Conversion
Restricted Stock Unit
2024-03-04−20,412→ 40,822 total→ Common Stock (20,412 underlying) - Award
Restricted Stock Unit
2024-03-04+41,238→ 41,238 total→ Common Stock (41,238 underlying)
Footnotes (5)
- [F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- [F2]Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3.
- [F3]As previously disclosed, these RSUs were granted on March 3, 2021 and vest in three installments as follows: 60% on March 3, 2024; 20% on March 3, 2025, and 20% on March 3, 2026. Sixty percent of the RSUs vested on March 4, 2024, the first trading day following March 3, 2024. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.
- [F4]As previously disclosed, these RSUs were granted on March 3, 2021 and vest in four installments as follows: 25% on March 3, 2023; 25% on March 3, 2024; 25% on March 3, 2025; and 25% on March 3, 2026. Twenty-five percent of the RSUs vested on March 4, 2024, the first trading day following March 3, 2024. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.
- [F5]Subject to certain vesting conditions and exceptions, these RSUs vest in three installments as follows: 60% on March 4, 2027; 20% on March 4, 2028, and 20% on March 4, 2029. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.