Keurig Dr Pepper Inc.

09/17/2025 | Press release | Distributed by Public on 09/17/2025 14:46

Initial Statement of Beneficial Ownership (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
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden hours per response... 0.5
(Print or Type Responses)
1. Name and Address of Reporting Person *
Lemire Olivier
2. Date of Event Requiring Statement (Month/Day/Year)
08/26/2025
3. Issuer Name and Ticker or Trading Symbol
Keurig Dr Pepper Inc. [KDP]
(Last) (First) (Middle)
53 SOUTH AVENUE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, U.S. Coffee
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
BURLINGTON, MA 01803
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
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 34,337 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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 of Derivative Security: 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
Restricted Stock Unit (1) (1) Common Stock 9,573 $0 D
Restricted Stock Unit (2) (2) Common Stock 14,605 $0 D
Restricted Stock Unit (3) (3) Common Stock 12,431 $0 D
Restricted Stock Unit (4) (4) Common Stock 4,403 $0 D
Restricted Stock Unit (5) (5) Common Stock 1,285 $0 D
Restricted Stock Unit (6) (6) Common Stock 1,291 $0 D
Restricted Stock Unit (7) (7) Common Stock 3,294 $0 D
Restricted Stock Unit (8) (8) Common Stock 17,440 $0 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lemire Olivier
53 SOUTH AVENUE
BURLINGTON, MA 01803
President, U.S. Coffee

Signatures

/s/ Mark Jackson, attorney in fact 09/17/2025
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Subject to certain vesting conditions and exceptions, these restricted stock units vest in four equal installments as follows: 25% on March 5, 2026; 25% on March 5, 2027; 25% on March 5, 2028, and 25% on March 5, 2029. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.
(2) Subject to certain vesting conditions and exceptions, these restricted stock units vest in three installments as follows: 60% on March 4, 2027; 20% on March 4, 2028, and 20% on March 4, 2029. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
(3) Subject to certain vesting conditions and exceptions, these restricted stock units vest in three installments as follows: 60% on March 1, 2026; 20% on March 1, 2027, and 20% on March 1, 2028. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
(4) Subject to certain vesting conditions and exceptions, these restricted stock units vest in two equal installments as follows: 50% on March 2, 2026 and 50% of March 2, 2027. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
(5) Subject to certain vesting conditions and exceptions, these restricted stock units vest in two equal installments as follows: 50% on September 14, 2025 and 50% of September 14, 2026. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
(6) Subject to certain vesting conditions and exceptions, these restricted stock units vest in full on March 3, 2026. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
(7) Subject to certain vesting conditions and exceptions, these restricted stock units vest in full on September 15, 2025. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
(8) Represents matching restricted stock units ("Matching RSUs") granted to the Reporting Person in connection with the Issuer's Elite Investment Program. These Matching RSUs vest in full on November 16, 2026 ("Vesting Date"), subject to continued service with the Issuer and other vesting conditions. In addition, all or a portion of the Matching RSUs may be forfeited by the Reporting Person if specified stock ownership requirements are not maintained to the Vesting Date. Each Matching RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
Keurig Dr Pepper Inc. published this content on September 17, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 17, 2025 at 20:47 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]