Cortes Fernando 4
4 · Keurig Dr Pepper Inc. · Filed Mar 11, 2020
Insider Transaction Report
Form 4
Cortes Fernando
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2020-03-10$15.23/sh+6,452$98,264→ 130,451 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2020-03-10−6,452→ 0 totalExercise: $15.23Exp: 2027-03-02→ Common Stock (6,452 underlying)
Footnotes (3)
- [F1]The Reporting Person has elected to exercise and hold the shares at this time.
- [F2]Pursuant to the Agreement and Plan of Merger, dated January 29, 2018, ("Agreement"), between Maple Parent Holdings Corp., ("Maple"), Dr Pepper Snapple Group, Inc. ("DPS") and Salt Merger Sub, Inc., ("SMS"), SMS merged on July 9, 2018 into Maple (the "Merger"), with Maple surviving the Merger as a wholly-owned subsidiary of DPS. DPS was renamed Keurig Dr Pepper Inc.("KDP"). The Reporting Person elected to have each issued and outstanding DPS stock option converted into KDP stock options at the effective time of the Merger.
- [F3]The shares subject to the option are fully vested and exercisable.