Loucks Brian Andrew 4
4 · Keurig Dr Pepper Inc. · Filed Sep 17, 2018
Insider Transaction Report
Form 4
Loucks Brian Andrew
President Keurig Appliances
Transactions
- Award
Restricted Stock Unit
2018-09-13+86,957→ 86,957 total→ Common Stock (86,957 underlying)
Footnotes (3)
- [F1]Represents matching restricted stock units ("Matching RSUs") granted to the Reporting Person in connection with the Issuer's Elite Investment Program ("Elite Program") under the Issuer's Omnibus Stock Incentive Plan of 2009, as amended. If at any time starting on September 5, 2019 through September 13, 2023, the Reporting Person owns fewer than 86,957 shares of Common Stock but more than 34,783 shares of Common Stock, a pro rata portion of the Matching RSU grant will be forfeited. If at any time starting on September 5, 2019 through September 13, 2023, the Reporting Person owns fewer than 34,783 shares of Common Stock, the entire Matching RSU grant will be forfeited.
- [F2]Upon vesting, each Matching RSU represents a contingent right to receive one share of the Issuer's Common Stock and is granted pursuant to the Issuer's Omnibus Stock Incentive Plan of 2009, as amended.
- [F3]These Matching RSUs vest on September 13, 2023 ("Vesting Date") and will be settled in shares of the Issuer's Common Stock on the settlement date, unless forfeited prior to the Vesting Date pursuant to the Issuer's Elite Investment Program.