# EDGAR Filing Document

**Accession Number:** 0001971792
**File Stem:** 0001127602-23-011688
**Filing Date:** 2023-3
**Character Count:** 8270
**Document Hash:** 17b43ed8d5bbc9ed56bdf0f2b552973e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001127602-23-011688.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001127602-23-011688

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230322

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** KELLY SARA
- **CENTRAL INDEX KEY:** 0001971792

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-20322
- **FILM NUMBER:** 23786979

**MAIL ADDRESS:**
- **STREET 1:** 2401 UTAH AVENUE SOUTH
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98134
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** STARBUCKS CORP
- **CENTRAL INDEX KEY:** 0000829224
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-EATING & DRINKING PLACES [5810]
- **IRS NUMBER:** 911325671
- **STATE OF INCORPORATION:** WA
- **FISCAL YEAR END:** 0927

**BUSINESS ADDRESS:**
- **STREET 1:** P O BOX 34067
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98124-1067
- **BUSINESS PHONE:** 2064471575

**MAIL ADDRESS:**
- **STREET 1:** 2401 UTAH AVENUE SOUTH
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98134

## Ex-24

```

POWER OF ATTORNEY
FOR EXECUTING FORMS 3, 4, AND 5

The undersigned hereby constitutes and appoints Zabrina Jenkins,
Jennifer L. Kraft, Joshua C. Gaul, Stephanie A. Tso and Jonathan Miner, or
any of them, as his or her true and lawful attorney-in-fact to:

1. prepare, execute in the undersigned's name and on the undersigned's
behalf, and submit to the U.S. Securities and Exchange Commission
(the "SEC") a Form ID, including amendments thereto, and any other
documents necessary or appropriate to obtain codes and passwords
enabling the undersigned to make electronic filings with the SEC of
reports required by Section 16(a) of the Securities Exchange Act of
1934 or any rule or regulation of the SEC;

2. execute for and on behalf of the undersigned Initial Statements of
Beneficial Ownership of Securities on Form 3, Statements of Change of
Beneficial Ownership of Securities on Form 4 and Annual Statements of
Beneficial Ownership of Securities on Form 5 in accordance with Section
16(a) of the Securities Exchange Act of 1934, as amended, and the rules
and regulations promulgated thereunder;

3. do and perform any and all acts for and on behalf of the undersigned
that may be necessary or desirable to complete the execution of any such
Form 3, 4 or 5 and the timely filing of such form with the SEC and any
required stock exchange, stock market or similar authority; and

4. take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of
benefit to, in the best interest of or legally required by the undersigned,
it being understood that the documents executed by such attorney-in-fact
on behalf of the undersigned pursuant to this Power of Attorney shall be
in such form and shall contain such terms and conditions as such
attorney-in-fact may approve in his or her discretion.

The undersigned hereby grants to such attorney-in-fact full power and
authority to do and perform all and every act and thing whatsoever requisite,
necessary and proper to be done in the exercise of any of the rights and power
herein granted, as fully to all intents and purposes as the undersigned might
or could do if personally present, with full power of substitution or
revocation, hereby ratifying and confirming all that such attorney-in-fact
shall lawfully do or cause to be done by virtue of this power of attorney and
the rights and powers herein granted.  The undersigned acknowledges that the
foregoing attorney-in-fact, in serving in such capacity at the request of
the undersigned, is not assuming nor is Starbucks Corporation assuming
any of the undersigned's responsibilities to comply with Section 16 of
the Securities Exchange Act of 1934, as amended, and the rules and regulations
promulgated thereunder.

This Power of Attorney shall supersede and revoke any Power of Attorney
previously executed with respect to executing Forms 3, 4 and 5 and shall remain
in full force and effect until the undersigned is no longer required to file
Forms 3, 4, and 5, unless earlier revoked in writing delivered to the general
counsel of Starbucks Corporation.

Dated this   day of March, 2023.

                                       /s/ Sara Kelly
                                       Name Printed Sara Kelly

```

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

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>KELLY SARA<br><sub>(Last) (First) (Middle)</sub><br>2401 UTAH AVENUE SOUTH<br><sub>(Street)</sub><br>SEATTLE, WA 98134<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>STARBUCKS CORP [ SBUX ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2023-03-22 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_evp, chief partner officer_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Common Stock | 40010.48<sup>(1)</sup> | D |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Non-qualified Stock Option (Right to Buy) | <sup>(2)</sup> | 2025-11-16 | Common Stock | 4859 | $60.68 | D |  |
| Non-qualified Stock Option (Right to Buy) | <sup>(3)</sup> | 2026-11-21 | Common Stock | 6743 | $56.10 | D |  |

---

### Footnotes:

(1) Includes 31,643.786 shares representing unvested time-based restricted stock units that vest on various dates.

(2) The option, representing the right to buy a total of 4,859 shares, became exercisable in three increments of 1,215 shares each on November 16, 2016, November 16, 2017 and November 16, 2018, and one increment of 1,214 shares on November 16, 2019.

(3) The option, representing the right to buy a total of 6,743 shares, became exercisable in three increments of 1,686 shares each on November 21, 2017, November 21, 2018 and November 21, 2019 and one increment of 1,685 shares on November 21, 2020.

**Remarks:**
Exhibit 24: Power of Attorney attached to this filing.

**Signature:** /s/ Stephanie Tso, attorney-in-fact for Sara Kelly  
**Date:** 2023-03-31

### Remarks:

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 4 (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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**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 Number.**