SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
CULVER JOHN

(Last) (First) (Middle)
2401 UTAH AVENUE SOUTH, SUITE 800

(Street)
SEATTLE WA 98134

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
STARBUCKS CORP [ SBUX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
pres, Starbucks Coffee Intl
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/01/2011 M 8,250 A $30.42 105,101(1) D
Common Stock 09/01/2011 M 13,217 A $36.75 118,318 D
Common Stock 09/01/2011 M 20,947 A $29.59 139,265 D
Common Stock 09/01/2011 M 900 A $22.87 140,165 D
Common Stock 09/01/2011 M 4,500 A $15.23 144,665 D
Common Stock 09/01/2011 M 14,000 A $27.32 158,665 D
Common Stock 09/01/2011 S 57,001 D $39.0307(2) 101,664 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $30.42 09/01/2011 M 8,250 (3) 11/16/2015 Common Stock 8,250 $0 0 D
Employee Stock Option (Right to Buy) $36.75 09/01/2011 M 13,217 (4) 11/20/2016 Common Stock 13,217 $0 0 D
Employee Stock Option (Right to Buy) $29.59 09/01/2011 M 20,947 (5) 03/15/2017 Common Stock 20,947 $0 0 D
Employee Stock Option (Right to Buy) $22.87 09/01/2011 M 900 (6) 11/19/2017 Common Stock 900 $0 23,045 D
Employee Stock Option (Right to Buy) $15.23 09/01/2011 M 4,500 (7) 11/20/2013 Common Stock 4,500 $0 0 D
Employee Stock Option (Right to Buy) $27.32 09/01/2011 M 14,000 (8) 11/16/2014 Common Stock 14,000 $0 0 D
Explanation of Responses:
1. Includes 207 shares purchased on December 31, 2010, 180 shares purchased on March 31, 2011 and 198 shares purchased on June 30, 2011, pursuant to the Starbucks Corporation Employee Stock Purchase Plan.
2. This transaction was executed in multiple trades at prices ranging from $39.00 to $39.08. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
3. The option, representing a right to purchase a total of 11,000 shares, became exercisable in four equal increments of 2,750 shares each on November 16, 2006, November 16, 2007, November 16, 2008, and November 16, 2009.
4. The option became exercisable in one increment of 3,305 shares on November 20, 2007, and three increments of 3,304 shares each on November 20, 2008, November 20, 2009 and November 20, 2010.
5. The option became exercisable in three increments of 5,237 shares each on March 15, 2008, March 15, 2009 and March 15, 2010, and one increment of 5,236 shares on March 15, 2011.
6. The option became exercisable in one increment of 5,987 shares on November 19, 2008, and two increments of 5,986 shares each on November 19, 2009 and November 19, 2010, and becomes exercisable as to one increment of 5,986 shares on November 19, 2011.
7. The option, representing a right to purchase a total of 18,000 shares, became exercisable in four equal increments of 4,500 shares each on October 1, 2004, October 1, 2005, October 1, 2006 and October 1, 2007.
8. The option, representing a right to purchase a total of 28,000 shares, became exercisable in four equal increments of 7,000 shares each on October 1, 2005, October 1, 2006, October 1, 2007 and October 1, 2008.
/s/ Alejandro C. Torres, attorney-in-fact for John Culver 09/06/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.