Robert James Gamgort - 26 Jul 2024 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role: Executive Chairman, Director
Signature: /s/ Mark Jackson, attorney in fact
Issuer symbol: KDP
Transactions as of: 26 Jul 2024
Net transactions value: -$1,641,114
Form type: 4
Filing time: 30 Jul 2024, 18:11:47 UTC
Previous filing: 14 Mar 2024
Next filing: 17 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KDP	Common Stock	Options Exercise	$0	+129,066	+3.7%	$0.000000	3,587,130	26 Jul 2024	Direct	F1, F2
transaction	KDP	Common Stock	Tax liability	$1,641,114	-48,640	-1.4%	$33.74	3,538,490	26 Jul 2024	Direct	F3
holding	KDP	Common Stock						574,900	26 Jul 2024	By GRAT
holding	KDP	Common Stock						171,821	26 Jul 2024	By 2024 GRAT

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KDP	Restricted Stock Unit	Options Exercise	$0	-129,066	-100%	$0.000000^*	0	26 Jul 2024	Common Stock	129,066		Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted Stock Units ("RSUs") 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.
F3	Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3
F4	As previously disclosed, these RSUs were granted on July 29, 2022 and vested in full on July 26, 2024. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.