STARBUCKS CORP
For the period ended Dec 29, 2024. Filed Jan 28, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 29, 2024 · Filed Jan 28, 2025
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Employee Stock Plans
Note 12: Employee Stock Plans
As of December 29, 2024, there were 75.3 million shares of common stock available for issuance pursuant to future equity-based compensation awards and 9.5 million shares available for issuance under our employee stock purchase plan.
Stock-based compensation expense recognized in the consolidated statements of earnings(in millions):
| Quarter Ended | ||
|---|---|---|
| Dec 29, 2024 | Dec 31, 2023 | |
| Restricted Stock Units (“RSUs”) | $100.6 | $94.8 |
| Options | — | — |
| Total stock-based compensation expense | $100.6 | $94.8 |
Stock option and RSU transactions from September 29, 2024 through December 29, 2024 (in millions):
| Stock Options | RSUs | |
|---|---|---|
| Options outstanding/Nonvested RSUs, September 29, 2024 | 0.9 | 8.7 |
| Granted | — | 4.1 |
| Options exercised/RSUs vested | (0.1) | (2.8) |
| Forfeited/expired | — | (0.4) |
| Options outstanding/Nonvested RSUs, December 29, 2024 | 0.8 | 9.6 |
| Total unrecognized stock-based compensation expense, net of estimated forfeitures, as of December 29, 2024 | $— | $459.9 |
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