Robert James Gamgort - 12 Mar 2025 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
12 Mar 2025
Net transactions value
-$507,341
Form type
4
Filing time
14 Mar 2025, 17:41:26 UTC
Previous filing
07 Mar 2025
Next filing
16 Apr 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 +40,887 +1.3% $0.000000 3,277,953 12 Mar 2025 Direct F1
transaction KDP Common Stock Tax liability $507,341 -15,463 -0.47% $32.81 3,262,490 12 Mar 2025 Direct F2
holding KDP Common Stock 574,900 12 Mar 2025 By 2023 Trust
holding KDP Common Stock 171,821 12 Mar 2025 By 2024 Trust

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 -40,887 -100% $0.000000 0 12 Mar 2025 Common Stock 40,887 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock units 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 12, 2020 and vest in three installments as follows: 60% on March 12, 2023; 20% on March 12, 2024, and 20% on March 12, 2025. Twenty percent of the RSUs vested on March 12, 2025. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.