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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 12, 2022
Starbucks Corporation
(Exact name of registrant as specified in its charter)
SBUX-20220112_G1.JPG
Washington 000-20322 91-1325671
(State or other jurisdiction of
incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
 
2401 Utah Avenue South, Seattle, Washington 98134
(Address of principal executive offices) (Zip Code)

(206) 447-1575
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title Trading Symbol Name of each exchange on which registered
Common Stock, par value $0.001 per share SBUX Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company    

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Selection 13(a) of the Exchange Act.    o





Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Amended and Restated Executive Management Bonus Plan

On January 12, 2022, the Compensation and Management Development Committee (the “Committee”) of the Board of Directors (the “Board”) of Starbucks Corporation (the “Company”) approved the amendment and restatement of the Company’s Executive Management Bonus Plan (the “EMBP” and, as amended, the “Amended EMBP”), which provides for the grant of annual incentive awards to eligible partners of the Company, including the Company's named executive officers. The EMBP was amended and restated to, among other things, provide that the Committee may determine the performance goals and payout formula for each performance period based on one or more of the performance criteria and factors set forth in the Amended EMBP.

The foregoing summary of the Amended EMBP does not purport to be complete, and is qualified in its entirety by reference to the full text of the Amended EMBP, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01Financial Statements and Exhibits.

(d) Exhibits.
Exhibit No.   Description
 
104 Cover Page Interactive Data File (formatted as inline XBRL)




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 hereunto duly authorized.
       
  STARBUCKS CORPORATION
     
Dated: January 14, 2022       
  By:   /s/ Rachel A. Gonzalez
    Rachel A. Gonzalez
    executive vice president, general counsel


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