Hopkins Herbert Derek 4
4 · Keurig Dr Pepper Inc. · Filed Sep 13, 2021
Insider Transaction Report
Form 4
Hopkins Herbert Derek
Chief Commercial Officer
Transactions
- Sale
Common Stock
2021-09-10$35.04/sh−38,513$1,349,576→ 538,198 total - Exercise/Conversion
Common Stock
2021-09-09+108,257→ 576,711 total - Exercise/Conversion
Restricted Stock Units
2021-09-09−108,257→ 0 total→ Common Stock (108,257 underlying)
Footnotes (4)
- [F1]Restricted Stock Units ("RSUs") converted into common stock on a one-for-one basis.
- [F2]These shares were sold to cover the payment of applicable taxes as a result of the vesting of the RSUs. This "sell to cover" transaction in order to satisfy tax obligations does not represent a discretionary transaction by the reporting person.
- [F3]The price represents the weighted average sales price of the shares that were sold in multiple transactions at prices ranging from $35.0111 to $35.0650. The reporting person undertakes to provide to the Company, any security holder of the Company or the SEC, upon request, full information regarding the number of shares sold at each separate price.
- [F4]As previously disclosed, these RSUs were acquired by the reporting person as a result of the conversion of restricted stock units of Maple Parent Holdings Corp. ("Maple") to restricted stock units of the Issuer pursuant to the Agreement and Plan of Merger, dated as of January 29, 2018, by and among Maple, Dr Pepper Snapple Group, Inc. and Salt Merger Sub, Inc. The RSUs vested in full on September 9, 2021.