Robert James Gamgort - Jan 15, 2025 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role
Executive Chairman, Director
Signature
/s/ Mark Jackson, attorney in fact
Stock symbol
KDP
Transactions as of
Jan 15, 2025
Transactions value $
-$756,287
Form type
4
Date filed
1/17/2025, 05:37 PM
Previous filing
Jul 30, 2024
Next filing
Mar 5, 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 +73.8K +2.09% $0.00 3.61M Jan 15, 2025 Direct F1
transaction KDP Common Stock Tax liability -$756K -24.4K -0.68% $30.97 3.59M Jan 15, 2025 Direct F2
holding KDP Common Stock 575K Jan 15, 2025 By 2023 GRAT
holding KDP Common Stock 172K Jan 15, 2025 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 -73.8K -100% $0.00 0 Jan 15, 2025 Common Stock 73.8K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the settlement of vested restricted stock units ("RSUs") into common stock on a one-for-one basis.
F2 Shares withheld for payment of applicable taxes upon settlement of the RSUs described herein in accordance with Rule 16b-3.
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 73,785 shares represent time-based RSUs that vested on January 15, 2024 and settled on January 15, 2025.