Starbucks (SBUX) Form 3 STARBUCKS / Zabrina Jenkins ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

Jenkins Zabrina

(Last) (First) (Middle)

2401 UTAH AVE S

(Street)

SEATTLE WA 98134

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/04/2022

3. Issuer Name and Ticker or Trading Symbol
STARBUCKS CORP [ SBUX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Interim evp, general counsel

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	23,959.018(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-qualified Stock Option (Right to Buy)	(2)	11/19/2022	Common Stock	4,020	24.87	D
Non-qualified Stock Option (Right to Buy)	(3)	11/11/2023	Common Stock	2,962	40.495	D
Non-qualified Stock Option (Right to Buy)	(4)	11/17/2024	Common Stock	2,874	38.915	D
Non-qualified Stock Option (Right to Buy)	(5)	11/16/2025	Common Stock	2,366	60.68	D
Non-qualified Stock Option (Right to Buy)	(6)	11/21/2026	Common Stock	2,639	56.1	D

Explanation of Responses:

1. Includes 8,660.888 shares representing unvested time-based restricted stock units that vest on various dates.

2. The option, representing the right to purchase a total of 4,020 shares, became exercisable in two increments of 1,006 shares on each of November 19, 2013 and November 19, 2014; and two increments of 1,004 shares on each of November 19, 2015 and November 19, 2016.

3. The option, representing the right to purchase a total of 2,962 shares, became exercisable in one increment of 742 shares on November 11, 2014, and in three increments of 740 shares on each of November 11, 2015, November 11, 2016 and November 11, 2017.

4. The option, representing the right to purchase a total of 2,874 shares, became exercisable in one increment of 720 shares on November 17, 2015; and three increments of 718 shares on each of November 17, 2016, November 17, 2017 and November 17, 2018.

5. The option, representing the right to purchase a total of 2,366 shares, became exercisable in two increments of 592 shares on each of November 16, 2016 and November 16, 2017; and two increments of 591 shares on each of November 16, 2018 and November 16, 2019.

6. The option, representing the right to purchase a total of 2,639 shares, became exercisable in three increments of 660 shares on each of November 21, 2017, November 21, 2018 and November 21, 2019; and one increment of 659 shares on November 21, 2020.

Remarks:

Exhibit 24: Power of Attorney attached to this filing.

	/s/Stephanie A. Tso, attorney-in-fact for Zabrina Jenkins	04/14/2022
	** 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 5 (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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