SEC FORM 4

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

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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

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 CAP

3. Date of Earliest Transaction (Month/Day/Year)
06/06/2012

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/06/2012		M		5,986	A	$22.87	138,703	D
Common Stock	06/06/2012		M		16,534	A	$8.64	155,237	D
Common Stock	06/06/2012		M		33,549	A	$11.14	188,786	D
Common Stock	06/06/2012		S		56,069	D	$53.3097⁽¹⁾	132,717	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-qualified Stock Option (Right to Buy)	$22.87	06/06/2012		M			5,986	⁽²⁾	11/19/2017	Common Stock	0	$0	0	D
Non-qualified Stock Option (Right to Buy)	$8.64	06/06/2012		M			16,534	⁽³⁾	11/17/2018	Common Stock	0	$0	16,534	D
Non-qualified Stock Option (Right to Buy)	$11.14	06/06/2012		M			33,549	⁽⁴⁾	03/17/2019	Common Stock	0	$0	12,849	D

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $53.18 to $53.4515. 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.

2. The option, representing a right to purchase a total of 23,945 shares, became exercisable in one increment of 5,987 shares on November 19, 2008, and three increments of 5,986 shares each on November 19, 2009, November 19, 2010 and November 19, 2011.

3. The option, representing a right to purchase a total of 66,138 shares, became exercisable in two increments of 16,535 shares each on November 17, 2009 and November 17, 2010, and one increment of 16,534 shares on November 17, 2011, and becomes exercisable as to one increment of 16,534 shares on November 17, 2012.

4. The option, representing a right to purchase a total of 51,398 shares, became exercisable in two increments of 12,850 shares each on March 17, 2010 and March 17, 2011, and one increment of 12,849 shares on March 17, 2012, and becomes exercisable as to one increment of 12,849 shares on March 17, 2013.

	/s/ Alejandro C. Torres, attorney-in-fact for John Culver	06/08/2012
	** 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).
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