Sudhanshu Priyadarshi 4
4 · Keurig Dr Pepper Inc. · Filed Mar 5, 2024
Insider Transaction Report
Form 4
Sudhanshu Priyadarshi
CFO, President International
Transactions
- Purchase
Common Stock
2024-03-05$29.10/sh+85,910$2,499,981→ 218,566 total - Award
Restricted Stock Unit
2024-03-04+85,911→ 85,911 total→ Common Stock (85,911 underlying) - Award
Restricted Stock Unit
2024-03-04+103,093→ 103,093 total→ Common Stock (103,093 underlying)
Footnotes (2)
- [F1]Subject to certain vesting conditions and exceptions, these restricted stock units vest in three installments as follows: 60% on March 4, 2027; 20% on March 4, 2028, and 20% on March 4, 2029. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F2]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 March 4, 2029 ("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.