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 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)
group pres, CAP, Channel Dev
3. Date of Earliest Transaction (Month/Day/Year)
05/09/2016
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 05/09/2016 M 20,214 A $15.3925 334,982(1) D
Common Stock 05/09/2016 M 125,316 A $21.82 460,298 D
Common Stock 05/09/2016 S 145,530 D $56.7093(2) 314,768 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
Non-qualified Stock Option (Right to Buy) $15.3925 05/09/2016 M 20,214 (3) 11/15/2020 Common Stock 20,214 $0 0 D
Non-qualified Stock Option (Right to Buy) $21.82 05/09/2016 M 125,316 (4) 11/14/2021 Common Stock 125,316 $0 0 D
Explanation of Responses:
1. Includes 37 shares purchased on December 31, 2015 and 305 shares purchased on March 31, 2016, pursuant to the Starbucks Corporation Employee Stock Purchase Plan.
2. This transaction was executed in multiple trades at prices ranging from $56.50 to $56.89. 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 the right to buy a total of 167,194 shares, became exercisable in one increment of 41,800 shares on November 15, 2011 and three increments of 41,798 shares each on November 15, 2012, November 15, 2013 and November 15, 2014.
4. The option, representing the right to buy a total of 125,316 shares, became exercisable in two increments of 31,330 shares each on November 14, 2012 and November 14, 2013 and two increments of 31,328 shares each on November 14, 2014 and November 14, 2015.
/s/ Robert L. Villasenor, attorney-in-fact for John Culver 05/11/2016
** 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).
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