Archambault Matthew Andrew 4
4 · Keurig Dr Pepper Inc. · Filed Sep 15, 2023
Insider Transaction Report
Form 4
Archambault Matthew Andrew
President, Commercial
Transactions
- Exercise/Conversion
Common Stock
2023-09-13+40,000→ 80,878 total - Tax Payment
Common Stock
2023-09-13$33.13/sh−17,400$576,462→ 56,800 total - Sale
Common Stock
2023-09-15$33.61/sh−40,000$1,344,400→ 16,800 total - Exercise/Conversion
Restricted Stock Unit
2023-09-13−40,000→ 0 total→ Common Stock (40,000 underlying)
Footnotes (5)
- [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]Amount of securities beneficially owned following reported transaction reflects the transfer of 6,678 shares in a transaction exempt from Section 16 pursuant to Rule 16a-12.
- [F4]The price represents the weighted average sales price of the shares that were sold in multiple transactions at prices ranging from $33.46 to $33.76. 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.
- [F5]As previously disclosed, these RSUs represent matching restricted stock units ("Matching RSUs") granted to the Reporting Person in connection with the Issuer's Elite Investment Program. These Matching RSUs were granted on September 13, 2018 and vested in full on September 13, 2023 ("Vesting Date"). The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.