Item 5. Other Information
Item 5. Other Information
Insider Adoption or Termination of Trading Arrangements:
During the fiscal quarter ended December 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:
Name & Title
Date Adopted
Character of Trading Arrangement (1)
Aggregate Number of Shares of Common Stock to be Purchased or Sold Pursuant to Trading Arrangement
Duration (3)
Other Material Terms
Date Terminated
Brady Brewer, chief executive officer, Starbucks International
December 11, 2024 Rule 10b5-1 Trading Arrangement Up to 15,000 shares to be sold (2)
December 31, 2025 (4)
N/A N/A
(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”).
(2) Mr. Brewer's trading plan provides for the sale of up to 1,500 shares pursuant to each of ten orders, to be entered in March, April, May, June, July, August, September, October, November, and December 2025, respectively, with such sales subject to a limit price of $100 during the applicable good-until-cancelled period for such order.
(3) 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.
(4) 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 under the trading arrangement.
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Item 6. Exhibits
Incorporated by Reference
Exhibit
No.
Exhibit Description Form File No. Date of
Filing
Exhibit Number Filed
Herewith
3.1
Restated Articles of Incorporation of Starbucks Corporation
10-Q 000-20322 4/28/2015 3.1
3.2
Amended and Restated Bylaws of Starbucks Corporation (As amended and restated through March 17, 2021)
8-K 000-20322 3/19/2021 3.1
10.1
Letter Agreement Amending Offer Letter, by and between Starbucks Corporation and Brian R. Niccol, dated November 19, 2024
8-K
000-20322
11/21/2024 10.1
31.1
Certification of Principal Executive Officer Pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
— — — — X
31.2
Certification of Principal Financial Officer Pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
— — — — X
32*
Certifications of Principal Executive Officer and Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
— — — — —
101 The following financial statements from the Company’s 10-Q for the fiscal quarter ended December 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
— — — — X
104 Cover Page Interactive Data File (formatted in iXBRL and contained in Exhibit 101) — — — — X
* Furnished herewith.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
January 28, 2025
STARBUCKS CORPORATION
By: /s/ Rachel Ruggeri
Rachel Ruggeri
executive vice president, chief financial officer
Signing on behalf of the registrant and as
principal financial officer
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Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.