4 unchanged sentences
During the fourth quarter of fiscal 2024, we carried out an evaluation, under the supervision and with the participation of our management, including our chief executive officer and our chief financial officer, of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act.
−Removed: Based upon that evaluation, our chief executive officer and chief financial officer concluded that our disclosure controls and procedures were effective, as of the end of the period covered by this report (October 1, 2023).
+Added: Based upon that evaluation, our chief executive officer and chief financial officer concluded that our disclosure controls and procedures were effective, as of the end of the period covered by this report (September 29, 2024).
There were no changes in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act) during our most recently completed fiscal quarter that materially affected or are reasonably likely to materially affect internal control over financial reporting.
10 unchanged sentences
This evaluation included review of the documentation of controls, evaluation of the design effectiveness of controls, testing of the operating effectiveness of controls, and a conclusion on this evaluation.
−Removed: Based on this evaluation, management concluded that our internal control over financial reporting was effective as of October 1, 2023.
−Removed: Our internal control over financial reporting as of October 1, 2023 has been audited by Deloitte & Touche LLP, an independent registered public accounting firm, as stated in their report which is included herein.
+Added: Based on this evaluation, management concluded that our internal control over financial reporting was effective as of September 29, 2024.
+Added: Our internal control over financial reporting as of September 29, 2024, has been audited by Deloitte & Touche LLP, an independent registered public accounting firm, as stated in their report, which is included herein.
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
1 unchanged sentence
Opinion on Internal Control over Financial Reporting
−Removed: We have audited the internal control over financial reporting of Starbucks Corporation and subsidiaries (the “Company”) as of October 1, 2023, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).
−Removed: In our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of October 1, 2023, based on criteria established in Internal Control - Integrated Framework (2013) issued by COSO.
−Removed: We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated financial statements as of and for the year ended October 1, 2023, of the Company and our report dated November 17, 2023, expre ssed an unqualified opinion on those financial statements.
+Added: We have audited the internal control over financial reporting of Starbucks Corporation and subsidiaries (the “Company”) as of September 29, 2024, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).
+Added: In our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of September 29, 2024, based on criteria established in Internal Control - Integrated Framework (2013) issued by COSO.
+Added: We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated financial statements as of and for the year ended September 29, 2024, of the Company and our report dated November 20, 2024, expre ssed an unqualified opinion on those financial statements.
Basis for Opinion
19 unchanged sentences
Insider Adoption or Termination of Trading Arrangements:
−Removed: During the fiscal quarter ended October 1, 2023, none of our directors or officers informed us of the adoption or termination of a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as those terms are defined in Regulation S-K, Item 408, except as described in the table below:
+Added: During the fiscal quarter ended September 29, 2024, none of our directors or officers informed us of the adoption or termination of a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as those terms are defined in Regulation S-K, Item 408, except as described in the table below:
Character of Trading Arrangement (1)
2 unchanged sentences
Date Terminated
−Removed: executive vice president, chief partner officer August 5, 2023 Rule 10b5-1 Trading Arrangement
+Added: executive vice president, chief partner officer
+Added: August 28, 2024 Rule 10b5-1 Trading Arrangement Up to 4,859 shares to be sold (2)
Up to 6,743 shares to be sold (3)
+Added: Up to 7,500 shares to be sold (4)
+Added: August 27, 2025 (6)
(1) Except as indicated by footnote, each trading arrangement marked as a “Rule 10b5-1 Trading Arrangement” is intended to satisfy the affirmative defense of Rule 10b5-1(c), as amended (the “Rule”).
−Removed: Kelly’s trading plan provides for the sale of up to 500 shares on a monthly basis beginning in November 2023 with 250 shares subject to a limit price of $110.
+Added: Kelly’s trading plan provides for the sale of up to 4,859 shares, which will be issued to Ms.
+Added: Kelly upon the exercise of a stock option on November 29, 2024, and sold pursuant to an order entered on November 29, 2024, with such sale subject to a limit price of $95 during the applicable good-until-cancelled period for such order, which lasts until August 26, 2025.
+Added: In the event not all shares are sold under the order described in the prior sentence during the applicable good-until-cancelled period, Ms.
+Added: Kelly’s trading plan provides for the sale of any remaining shares (up to 4,859 shares), pursuant to an order entered on August 27, 2025, with such sale subject to a limit price of $61.
+Added: Kelly’s trading plan provides for the sale of up to 6,743 shares, which will be issued to Ms.
+Added: Kelly upon the exercise of a stock option on November 29, 2024, and sold pursuant to an order entered on November 29, 2024, with such sale subject to a limit price of $95 during the applicable good-until-cancelled period for such order, which lasts until August 27, 2025.
+Added: Kelly’s trading plan provides for the sale of up to 7,500 shares in three tranches at different limit prices, pursuant to an order entered on November 29, 2024.
+Added: Such sales are subject to limit prices of (i) $95 for 2,500 shares, (ii) $97.50 for 2,500 shares, and (iii) $100 for 2,500 shares, during the applicable good-until-cancelled period for such order, which lasts until August 27, 2025.
(5) Except as indicated by footnote, each trading arrangement permitted or permits transactions through and including the earlier to occur of (a) the completion of all purchases or sales or the expiration of all of the orders relating to such trades, or (b) the date listed in the table.
The trading arrangement marked as a “Rule 10b5-1 Trading Arrangement” only permits transactions upon expiration of the applicable mandatory cooling-off period under the Rule.
−Removed: (4) The arrangement also provides for automatic expiration in the event of Ms.
−Removed: Kelly’s death, bankruptcy or insolvency.
+Added: (6) The arrangement also provides for automatic expiration in the event of the officer’s death, bankruptcy, or insolvency, notice from the officer or the officer’s agent of termination of the trading arrangement, or a determination by the broker that the trading arrangement has been terminated or that a breach by the officer has occurred or upon the broker’s exercise of its termination rights under the trading arrangement.
Disclosure Regarding Foreign Jurisdictions that Prevent Inspections
3 unchanged sentences
We adopted a code of ethics that applies to our chief executive officer, chief financial officer, chief accounting officer, controller, and other finance leaders, which is a “code of ethics” as defined by applicable rules of the SEC.
−Removed: This code is publicly available on our website at www.starbucks.com/about-us/company-information/corporate-governance.
−Removed: If we make any amendments to this code other than technical, administrative or other non-substantive amendments, or grant any waivers, including implicit waivers, from a provision of this code to our chief executive officer, chief financial officer, chief accounting officer or controller, we will disclose the nature of the amendment or waiver, its effective date and to whom it applies on our website at www.starbucks.com/about-us/company-information/corporate-governance or in a report on Form 8-K filed electronically with the SEC at www.sec.gov.
−Removed: The remaining information required by this item is incorporated herein by reference to the sections entitled “Proposal 1 - Election of Directors,” “Beneficial Ownership of Common Stock,” “Corporate Governance” and “Corporate Governance - Audit and Compliance Committee” in our definitive Proxy Statement for the Annual Meeting of Shareholders to be held on March 13, 2024 (the “Proxy Statement”).
−Removed: We will provide disclosure of delinquent Section 16(a) reports, if any, in our Proxy Statement in a section entitled “Delinquent Section 16(a) Reports”, and such disclosure, if any, is incorporated herein by reference.
+Added: This code is publicly available on our website at www.starbucks.com/about-us/corporate-governance.
+Added: If we make any amendments to this code other than technical, administrative or other non-substantive amendments, or grant any waivers, including implicit waivers, from a provision of this code to our chief executive officer, chief financial officer, chief accounting officer, or controller, we will disclose the nature of the amendment or waiver, its effective date, and to whom it applies on our website at www.starbucks.com/about-us/corporate-governance or in a report on Form 8-K filed electronically with the SEC at www.sec.gov.
+Added: The remaining information required by this item is incorporated herein by reference to the sections entitled “Proposal 1 - Election of Directors,” “Stock Ownership - Beneficial Ownership of Common Stock,” “Corporate Governance,” and “Corporate Governance - Audit and Compliance Committee” in our definitive Proxy Statement for the Annual Meeting of Shareholders to be held on March 12, 2025 (the “Proxy Statement”).
+Added: We will provide disclosure of delinquent Section 16(a) reports, if any, in our Proxy Statement in a section entitled “Stock Ownership - Delinquent Section 16(a) Reports,” and such disclosure, if any, is incorporated herein by reference.
Executive Compensation
−Removed: The information required by this item is incorporated by reference to the sections entitled “Executive Compensation,” “Executive Compensation Tables,” “Compensation of Directors” and “Compensation Committee Interlocks and Insider Participation” in the Proxy Statement.
+Added: The information required by this item is incorporated by reference to the sections entitled “Executive Compensation,” “Executive Compensation - Executive Compensation Tables,” “Corporate Governance - Compensation of Directors,” and “Corporate Governance - Role of Our Board Committees - Compensation Committee Interlocks and Insider Participation” in the Proxy Statement.
Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters
−Removed: The information required by this item is incorporated by reference to the sections entitled “Equity Compensation Plan Information” and “Beneficial Ownership of Common Stock” in the Proxy Statement.
+Added: The information required by this item is incorporated by reference to the sections entitled “Stock Ownership - Equity Compensation Plan Information” and “Stock Ownership - Beneficial Ownership of Common Stock” in the Proxy Statement.
Certain Relationships and Related Transactions and Director Independence
−Removed: The information required by this item is incorporated by reference to the section entitled “Certain Relationships and Related Person Transactions” and “Corporate Governance - Affirmative Determinations Regarding Director Independence and Other Matters” in the Proxy Statement.
+Added: The information required by this item is incorporated by reference to the section entitled “Affirmative Determinations - Certain Relationships and Related Person Transactions” and “Corporate Governance - Director Independence” in the Proxy Statement.
Principal Accountant Fees and Services
4 unchanged sentences
The following financial statements are included in Part II, Item 8 of this 10-K:
−Removed: • Consolidated Statements of Earnings for the fiscal years ended October 1, 2023, October 2, 2022 and October 3, 2021;
−Removed: • Consolidated Statements of Comprehensive Income for the fiscal years ended October 1, 2023, October 2, 2022 and October 3, 2021;
−Removed: • Consolidated Balance Sheets as of October 1, 2023 and October 2, 2022;
−Removed: • Consolidated Statements of Cash Flows for the fiscal years ended October 1, 2023, October 2, 2022 and October 3, 2021;
−Removed: • Consolidated Statements of Equity for the fiscal years ended October 1, 2023, October 2, 2022 and October 3, 2021;
+Added: • Consolidated Statements of Earnings for the fiscal years ended September 29, 2024, October 1, 2023, and October 2, 2022;
+Added: • Consolidated Statements of Comprehensive Income for the fiscal years ended September 29, 2024, October 1, 2023, and October 2, 2022;
+Added: • Consolidated Balance Sheets as of September 29, 2024, and October 1, 2023;
+Added: • Consolidated Statements of Cash Flows for the fiscal years ended September 29, 2024, October 1, 2023, and October 2, 2022;
+Added: • Consolidated Statements of Equity for the fiscal years ended September 29, 2024, October 1, 2023, and October 2, 2022;
• Notes to Consolidated Financial Statements;
9 unchanged sentences
10-Q 000-20322
+Added: 4/28/2015 3.1
Amended and Restated Bylaws of Starbucks Corporation (As amended and restated through March 17, 2021)
8-K 000-20322
+Added: 3/19/2021 3.1
Indenture, dated as of September 15, 2016, by and between Starbucks Corporation and U.S.
2 unchanged sentences
S-3ASR 333-213645
−Removed: First Supplemental Indenture, dated March 17, 2017, by and between Starbucks Corporation and U.S.
−Removed: Bank National Association, as trustee, transfer agent and registrar, and Elavon Financial Services, DAC, UK Branch, as paying agent (0.372% Senior Notes due 2024)
−Removed: 8-K 0-20322 3/20/2017 4.2
−Removed: Form of 0.372% Senior Note due March 15, 2024
−Removed: 8-K 0-20322 3/20/2017 4.3
Second Supplemental Indenture, dated as of November 22, 2017, by and between Starbucks Corporation and U.S.
−Removed: Bank National Association, as trustee (2.200% Senior Notes due 2020 and 3.750% Senior Notes due 2047)
+Added: Bank National Association, as trustee ( 3.750% Senior Notes due 2047)
8-K 000-20322
−Removed: Form of 3.750% Senior Notes due December 1, 2047 (included in Exhibit 4.2)
+Added: 11/22/2017 4.2
+Added: Form of 3.750% Senior Notes due December 1, 2047 (included as B to Exhibit 4.2)
8-K 000-20322
+Added: 11/22/2017 4.4
Third Supplemental Indenture, dated as of February 28, 2018, by and between Starbucks Corporation and U.S.
−Removed: Bank National Association, as trustee (3.100% Senior Notes due 2023 and 3.500% Senior Notes due 2028)
+Added: Bank National Association, as trustee ( 3.500% Senior Notes due 2028)
8-K 000-20322
−Removed: Form of 3.500% Senior Notes due March 1, 2028
+Added: 2/28/2018 4.2
+Added: Form of 3.500% Senior Notes due March 1, 2028 (included as Exhibit B to Exhibit 4.4)
8-K 000-20322
+Added: 2/28/2018 4.4
Fourth Supplemental Indenture, dated as of August 10, 2018, by and between Starbucks Corporation and U.S.
1 unchanged sentence
8-K 000-20322
−Removed: Form of 3.800% Senior Notes due August 15, 2025
+Added: 8/10/2018 4.2
+Added: Form of 3.800% Senior Notes due August 15, 2025 (included as Exhibit A to Exhibit 4.6)
8-K 000-20322
−Removed: Form of 4.000% Senior Notes due November 15, 2028
+Added: 8/10/2018 4.3
+Added: Form of 4.000% Senior Notes due November 15, 2028 (included as Exhibit B to Exhibit 4.6)
8-K 000-20322
−Removed: Incorporated by Reference
−Removed: Exhibit Description Form File No.
−Removed: Date of Filing Exhibit
−Removed: Form of 4.500% Senior Notes due November 15, 2048
8/10/2018 4.4
+Added: Form of 4.500% Senior Notes due November 15, 2048 (included as Exhibit C to Exhibit 4.6)
+Added: 8-K 000-20322
+Added: 8/10/2018 4.2
Fifth Supplemental Indenture, dated as of May 13, 2019, by and between Starbucks Corporation and U.S.
1 unchanged sentence
8-K 000-20322
−Removed: Form of 3.550% Senior Notes due August 15, 2029 (included in Exhibit 4.2)
+Added: 5/13/2019 4.2
+Added: Form of 3.550% Senior Notes due August 15, 2029 (included as Exhibit A to Exhibit 4.10)
8-K 000-20322
−Removed: Form of 4.450% Senior Notes due August 15, 2049 (included in Exhibit 4.2)
+Added: 5/13/2019 4.3
+Added: Incorporated by Reference
+Added: Exhibit Description Form File No.
+Added: Date of Filing Exhibit
+Added: Form of 4.450% Senior Notes due August 15, 2049 (included as Exhibit B t o Exhibit 4.
8-K 000-20322
+Added: 5/13/2019 4.4
Sixth Supplemental Indenture, dated as of March 12, 2020, by and between Starbucks Corporation and U.S.
1 unchanged sentence
8-K 000-20322
−Removed: Form of 2.000% Senior Notes due March 12, 2027 (included in Exhibit 4.2)
+Added: 3/12/2020 4.2
+Added: Form of 2.000% Senior Notes due March 12, 2027 (included as Exhibit A to Exhibit 4.
8-K 000-20322
−Removed: Form of 2.250% Senior Notes due March 12, 2030 (included in Exhibit 4.2)
+Added: 3/12/2020 4.3
+Added: Form of 2.250% Senior Notes due March 12, 2030 (included as Exhibit B to Exhibit 4.
8-K 000-20322
−Removed: Form of 3.350% Senior Notes due March 12, 2050 (included in Exhibit 4.2)
+Added: 3/12/2020 4.4
+Added: Form of 3.350% Senior Notes due March 12, 2050 (included as Exhibit C to Exhibit 4.
8-K 000-20322
+Added: 3/12/2020 4.5
Seventh Supplemental Indenture, dated as of May 7, 2020, by and between Starbucks Corporation and U.S.
−Removed: Bank National Association, as trustee (1.300% Senior Notes due 2022, 2.550% Senior Notes due 2030 and 3.500% Senior Notes due 2050)
+Added: Bank National Association, as trustee ( 2.550% Senior Notes due 2030 and 3.500% Senior Notes due 2050)
8-K 000-20322
−Removed: Form of 2.550% Senior Notes due November 15, 2030 (included in Exhibit 4.2)
+Added: Form of 2.550% Senior Notes due November 15, 2030 (included as Exhibit B to Exhibit 4.
8-K 000-20322
−Removed: Form of 3.500% Senior Notes due November 15, 2050 (included in Exhibit 4.2)
+Added: Form of 3.500% Senior Notes due November 15, 2050 (included as Ex hibit C to Exhibit 4.
8-K 000-20322
1 unchanged sentence
Bank Trust Company, National Association, as trustee and as successor in interest to U.S.
−Removed: Bank National Association (Floating Rate Senior Notes due 2024 and 3.000% Senior Notes due 2032)
+Added: Bank National Association ( 3.000% Senior Notes due 2032)
8-K 000-20322
+Added: 2/14/2022 4.2
+Added: Form of 3.000% Senior Notes due February 14, 2032 (included as Exhibit B to Exhibit 4.20)
+Added: 8-K 000-20322
+Added: 2/14/2022 4.4
+Added: Ninth Supplemental Indenture, dated as of February 16, 2023, by and between Starbucks Corporation and U.S.
+Added: Bank Trust Company, National Association, as trustee and as successor in interest to U.S.
+Added: Bank National Association (4.750% Senior Notes due 2026 and 4.800% Senior Notes due 2033)
+Added: 8-K 000-20322
+Added: 2/16/2023 4.2
Incorporated by Reference
1 unchanged sentence
Date of Filing Exhibit
−Removed: Form of Floating Rate Senior Notes due 2024 (included as Exhibit A to Exhibit 4.24)
+Added: Form of 4.750% Senior Notes due February 15, 2026 (included as Exhibit A to Exhibit 4.22)
8-K 000-20322
−Removed: Form of 3.000% Senior Notes due 2032 (included as Exhibit B to Exhibit 4.24)
+Added: 2/16/2023 4.3
+Added: Form of 4.800% Senior Notes due February 15, 2033 (included as Exhibit B to Exhibit 4.22)
8-K 000-20322
+Added: 2/16/2023 4.4
+Added: Tenth Supplemental Indenture, dated as of February 8, 2024, by and between Starbucks Corporation and U.S.
+Added: Bank Trust Company, National Association, as trustee and successor in interest to U.S.
+Added: Bank National Association (4.850% Senior Notes due 2027, 4.900% Senior Notes due 2031 and 5.000% Senior Notes due 2034)
+Added: 8-K 000-20322
+Added: Form of 4.850% Senior Notes due February 8, 2027 (included as Exhibit A to Exhibit 4.25)
+Added: 8-K 000-20322
+Added: Form of 4.900% Senior Notes due February 15, 2031 (included as Exhibit B to Exhibit 4.25)
+Added: 8-K 000-20322
+Added: Form of 5.000% Senior Notes due February 15, 2034 (included as Exhibit C to Exhibit 4.25)
+Added: 8-K 000-20322
Indenture, dated as of August 23, 2007, by and between Starbucks Corporation and Deutsche Bank Trust Company Americas, as trustee
S-3ASR 333-190955 9/3/2013 4.1
−Removed: Fourth Supplemental Indenture, dated as of June 10, 2015, by and between Starbucks Corporation and Deutsche Bank Trust Company Americas, as trustee (2.700% Senior Notes due June 15, 2022 and 4.300% Senior Notes due June 15, 2045)
+Added: Fourth Supplemental Indenture, dated as of June 10, 2015, by and between Starbucks Corporation and Deutsche Bank Trust Company Americas, as trustee ( 4.300% Senior Notes due June 2045)
8-K 000-20322
−Removed: Form of 4.300% Senior Notes due June 15, 2045
+Added: 6/10/2015 4.2
+Added: Form of 4.300% Senior Notes due June 15, 2045 (included as Exhibit B to Exhibit 4.30)
8-K 000-20322
+Added: 6/10/2015 4.4
Sixth Supplemental Indenture, dated as of May 16, 2016, by and between Starbucks Corporation and Deutsche Bank Trust Company Americas, as trustee (2.450% Senior Notes due June 2026)
8-K 000-20322
−Removed: Form of 2.450% Senior Notes due June 15, 2026
+Added: 5/16/2016 4.4
+Added: Form of 2.450% Senior Notes due June 15, 2026 (included as Exhibit A to Exhibit 4.32)
8-K 000-20322
+Added: 5/16/2016 4.5
Description of Securities
10-K 000-20322
−Removed: Ninth Supplemental Indenture, dated as of February 16, 2023, by and between Starbucks Corporation and U.S.
−Removed: Bank Trust Company, National Association, as trustee and as successor in interest to U.S.
−Removed: Bank National Association (4.750% Senior Notes due 2026 and 4.800% Senior Notes due 2033)
−Removed: 8-K 0-20322 2/16/2023 4.2
−Removed: Form of 4.750% Senior Notes due 2026 (included as Exhibit A to Exhibit 4.31)
−Removed: 8-K 0-20322 2/16/2023 4.3
−Removed: Form of 4.800% Senior Notes due 2033 (included as Exhibit B to Exhibit 4.31)
−Removed: 8-K 0-20322 2/16/2023 4.4
+Added: 11/15/2019 4.29
+Added: Incorporated by Reference
+Added: Exhibit Description Form File No.
+Added: Date of Filing Exhibit
Starbucks Corporation Employee Stock Purchase Plan — 1995 as amended and restated on April 9, 2015 to reflect adjustments for the 2-for-1 forward stock split effective on such date
10-Q 000-20322
+Added: 8/1/2017 10.1
Starbucks Corporation Executive Management Bonus Plan, as amended and restated on January 12, 2022
8-K 000-20322
+Added: 1/14/2022 10.1
Starbucks Corporation Management Deferred Compensation Plan, as amended and restated effective January 1, 2011
10-Q 000-20322
+Added: 2/4/2011 10.2
Fifth Amendment to Starbucks Corporation Management Deferred Compensation Plan
10-Q 000-20322
−Removed: Incorporated by Reference
−Removed: Exhibit Description Form File No.
−Removed: Date of Filing Exhibit
−Removed: Starbucks Corporation Deferred Compensation Plan for Non-Employee Directors, effective October 3, 2011, as amended and restated effective September 11, 2018
+Added: 7/28/2020 10.1
+Added: Starbucks Corporation Deferred Compensation Plan for Non-Employee Directors, as amended and restated effective September 11, 2018
10-K 000-20322
+Added: 11/16/2018 10.5
Starbucks Corporation 2005 Long-Term Equity Incentive Plan, as amended and restated effective March 16, 2022
10-Q 000-20322
+Added: 5/3/2022 10.1
2005 Key Employee Sub-Plan to the Starbucks Corporation 2005 Long-Term Equity Incentive Plan, as amended and restated effective November 15, 2005
2 unchanged sentences
10-K 000-20322
+Added: 11/16/2018 10.9
Form of Global Stock Option Grant Agreement for Purchase of Stock under the Key Employee Sub-Plan to the 2005 Long Term Equity Incentive Plan
10-K 000-20322
+Added: 11/18/2016 10.14
Form of Stock Option Grant Agreement for Purchase of Stock under the 2005 Non-Employee Director Sub-Plan to the Starbucks Corporation 2005 Long-Term Equity Incentive Plan
10-Q 000-20322
+Added: 4/26/2016 10.2
Credit Agreement, dated September 16, 2021, among Starbucks Corporation, Bank of America, N.A., in its capacity as Administrative Agent, Swing Line Lender and L/C Issuer, Wells Fargo Bank, N.A., Citibank, N.A.
1 unchanged sentence
8-K 000-20322
+Added: 9/17/2021 10.1
+Added: Incorporated by Reference
+Added: Exhibit Description Form File No.
+Added: Date of Filing Exhibit
Form of Commercial Paper Dealer Agreement between Starbucks Corporation, as Issuer, and the Dealer
8-K 000-20322
−Removed: Form of Time Vested Global Restricted Stock Unit Grant Agreement under the Key Employee Sub-Plan to the 2005 Long-Term Equity Incentive Plan
−Removed: 10-K 0-20322 11/18/2016 10.21
−Removed: Form of Global Key Employee Restricted Stock Unit Grant Agreement (Effective November 2019)
−Removed: 10-K 0-20322 11/15/2019 10.22
+Added: 7/29/2016 10.1
Form of Global Key Employee Restricted Stock Unit Grant Agreement - No Retirement Vesting (Effective November 2020)
10-K 000-20322
−Removed: Incorporated by Reference
−Removed: Exhibit Description Form File No.
−Removed: Date of Filing Exhibit
+Added: 11/12/2020 10.23
Form of Global Key Employee Restricted Stock Unit Grant Agreement - Retirement Vesting (Effective November 2020)
10-K 000-20322
+Added: 11/12/2020 10.24
Form of Global Key Employee Stock Option Grant Agreement for Purchase of Stock under the 2005 Long-Term Equity Incentive Plan
10-K 000-20322
+Added: 11/17/2017 10.25
Form of Global Key Employee Restricted Stock Unit Grant Agreement (Performance-Based - Retirement Vesting) (Effective November 2020)
10-K 000-20322
+Added: 11/12/2020 10.29
Offer Letter dated September 1, 2022 between Starbucks Corporation and Laxman Narasimhan
8-K 000-20322
+Added: 9/1/2022 10.1
Starbucks Corporation Global Key Employee Restricted Stock Unit Grant Agreement (Promotion - Time-Based -No Retirement Vesting) (Effective August 2022)
10-K 000-20322
+Added: 11/18/2022 10.23
Starbucks Corporation Key Employee Restricted Stock Unit Grant Agreement (New Hire - Time-Based - No Retirement Vesting) (Effective August 2022)
10-K 000-20322
+Added: 11/18/2022 10.24
Starbucks Corporation Global Key Employee Restricted Stock Unit Grant Agreement (Annual - Time-Based - Retirement Vesting) (Effective August 2022)
10-K 000-20322
+Added: 11/18/2022 10.25
Starbucks Corporation Global Key Employee Restricted Stock Unit Grant Agreement (Annual - Performance Based - Retirement Vesting) (Effective August 2022)
10-K 000-20322
+Added: 11/18/2022 10.26
Starbucks Corporation Global Key Employee Restricted Stock Unit Grant Agreement (Executive Advisor - Time-Based) (Effective August 2022)
10-K 000-20322
+Added: 11/18/2022 10.27
Retirement Agreement, dated June 1, 2018, by and between Starbucks Corporation and Howard Schultz
8-K 000-20322
+Added: 6/5/2018 10.1
Amendment Agreement, dated September 12, 2023, by and between Starbucks Corporation and Howard Schultz
1 unchanged sentence
8-K 000-20322
+Added: 3/28/2023 10.1
+Added: Incorporated by Reference
+Added: Exhibit Description Form File No.
+Added: Date of Filing Exhibit
Amendment No.
2 unchanged sentences
8-K 000-20322
−Removed: Incorporated by Reference
−Removed: Exhibit Description Form File No.
−Removed: Date of Filing Exhibit
+Added: 4/21/2023 10.1
Starbucks Corporation Global Key Employee Restricted Stock Unit Grant Agreement (Performance-Based) (Effective November 2023)
Starbucks Corporation Global Key Employee Restricted Stock Unit Grant Agreement (Time-Based) (Effective November 2023)
−Removed: S tarbucks Corporation Global Key Employee Restricted Stock Unit Grant Agreement (Promotion and New Hire) ( Effective November 2023)
+Added: Starbucks Corporation Global Key Employee Restricted Stock Unit Grant Agreement (Promotion and New Hire) (Effective November 2023)
+Added: Offer Letter, dated August 11, 2024, by and between Starbucks Corporation and Brian R.
+Added: S tarbucks Corporation Global Key Employee Restricted Stock Unit Grant Agreement (Performance-Based) (Effective November 2024)
+Added: S tarbucks Corporation Global Key Employee Restricte d Stock Unit Grant Agreement (Time- Based ) (Effective November 2024)
+Added: Starbucks Corporation Global Key Employee Restricted Stock Unit Grant Agreement (Promotion) (Effective November 2024)
+Added: Starbucks Corporation I nsider Trading Policy
Subsidiaries of Starbucks Corporation
5 unchanged sentences
Starbucks Corporation Recovery of Incentive Compensation Policy
−Removed: 101 The following financial statements from the Company’s 10-K for the fiscal year ended October 1, 2023, formatted in iXBRL:
+Added: 101 The following financial statements from the Company’s 10-K for the fiscal year ended September 29, 2024, formatted in iXBRL:
(i) Consolidated Statements of Earnings, (ii) Consolidated Statements of Comprehensive Income, (iii) Consolidated Balance Sheets, (iv) Consolidated Statements of Cash Flows, (v) Consolidated Statements of Equity, and (vi) Notes to Consolidated Financial Statements
5 unchanged sentences
STARBUCKS CORPORATION
−Removed: /s/ Laxman Narasimhan
−Removed: Laxman Narasimhan
−Removed: chief executive officer
+Added: chairman and chief executive officer
November 20, 2024
1 unchanged sentence
Signature Title
−Removed: /s/ Laxman Narasimhan chief executive officer, director
+Added: chairman and chief executive officer
(principal executive officer)
−Removed: Laxman Narasimhan
/s/ Rachel Ruggeri executive vice president, chief financial officer
9 unchanged sentences
Jørgen Vig Knudstorp
−Removed: /s/ Satya Nadella director
−Removed: Satya Nadella
+Added: /s/ Neal Mohan
+Added: /s/ Daniel Servitje
+Added: Daniel Servitje
+Added: /s/ Mike Sievert
/s/ Wei Zhang director
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.