Cofer Timothy P. 4
4 · Keurig Dr Pepper Inc. · Filed Nov 22, 2023
Insider Transaction Report
Form 4
Cofer Timothy P.
DirectorCEO & President
Transactions
- Award
Restricted Stock Unit
2023-11-20+220,265→ 220,266 total→ Common Stock (220,265 underlying) - Award
Restricted Stock Unit
2023-11-20+393,330→ 393,331 total→ Common Stock (393,330 underlying)
Footnotes (2)
- [F1]Represents matching restricted stock units ("Matching RSUs") granted to the Reporting Person in connection with the Issuer's Elite Investment Program. These Matching RSUs vest on November 20, 2028 ("Vesting Date"), subject to continued service with the Issuer and other vesting conditions. In addition, all or a portion of the Matching RSUs may be forfeited by the Reporting Person if specified stock ownership requirements are not maintained to the Vesting Date. Each Matching RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F2]Subject to certain vesting conditions and exceptions, these restricted stock units vest in three installments as follows: 30% on May 20, 2025; 40% on May 20, 2026, and 30% on May 20, 2027. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.