STARBUCKS CORP
For the period ended Mar 30, 2025. Filed Apr 29, 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.
Mar 30, 2025 · Filed Apr 29, 2025
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Employee Stock Plans
Note 12: Employee Stock Plans
As of March 30, 2025, there were 75.3 million shares of common stock available for issuance pursuant to future equity-based compensation awardsand 9.4 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 | Two Quarters Ended | |||
|---|---|---|---|---|
| Mar 30, 2025 | Mar 31, 2024 | Mar 30, 2025 | Mar 31, 2024 | |
| Restricted Stock Units (“RSUs”) | $77.8 | $78.3 | $178.3 | $173.2 |
| Options | — | (0.1) | — | (0.2) |
| Total stock-based compensation expense | $77.8 | $78.2 | $178.3 | $173.0 |
Stock option and RSU transactions from September 29, 2024 through March 30, 2025 (in millions):
| Stock Options | RSUs | |
|---|---|---|
| Options outstanding/Nonvested RSUs, September 29, 2024 | 0.9 | 8.7 |
| Granted | — | 4.4 |
| Options exercised/RSUs vested | (0.3) | (2.9) |
| Forfeited/expired | — | (1.4) |
| Options outstanding/Nonvested RSUs, March 30, 2025 | 0.6 | 8.8 |
| Total unrecognized stock-based compensation expense, net of estimated forfeitures, as of March 30, 2025 | $— | $347.5 |
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