0001193125-12-202969.txt : 20120502 0001193125-12-202969.hdr.sgml : 20120502 20120502090544 ACCESSION NUMBER: 0001193125-12-202969 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20120501 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120502 DATE AS OF CHANGE: 20120502 FILER: 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: 0928 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20322 FILM NUMBER: 12802854 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 8-K 1 d342696d8k.htm FORM 8-K Form 8-K

 

 

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): May 1, 2012

 

 

STARBUCKS CORPORATION

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Washington   0-20322   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)

(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))

 

 

 


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

On May 1, 2012, the Company’s Board of Directors increased the number of directors of the Company from 11 to 12 and elected Robert M. Gates to serve as a director of the Company. Mr. Gates was also appointed to serve on the Company’s Nominating and Corporate Governance Committee.

Mr. Gates will participate in the standard compensation plan for non-employee directors that became effective for fiscal year 2012, including, for the director’s first year on the Board, a prorated portion, based on the month the director joined the Board, of the $240,000 annual non-employee director compensation in the form of stock options or time-based restricted stock units (“RSUs”) or a combination thereof (as selected by the director). Future annual compensation will be $240,000 comprised of one or more of the following (as selected by the director each year): (i) cash (up to 50%), (ii) stock options and (iii) time-based RSUs. The initial grant of stock options and RSUs to Mr. Gates will vest on November 14, 2012, the same vesting date as the annual grants made to non-employee directors on November 14, 2011. A non-employee director may elect to defer receipt of shares on the vesting of RSUs pursuant to the Company’s Deferred Compensation Plan for Non-Employee Directors, as such plan was filed as an exhibit in the Company’s Annual Report on Form 10-K for fiscal year 2011.

There is no arrangement or understanding pursuant to which Mr. Gates was elected as a director, and there are no related party transactions between the Company and Mr. Gates that would require disclosure under Item 404(a) of Regulation S-K.

A copy of the press release containing the announcement of Mr. Gates’ election is attached as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit No.

  

Description

99.1    Press release of Starbucks Corporation dated May 2, 2012


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: May 2, 2012    
  By:  

    /s/ Sophie Hager Hume

    Sophie Hager Hume
    vice president, assistant general counsel and assistant secretary


EXHIBIT INDEX

 

Exhibit No.

  

Description

99.1    Press release of Starbucks Corporation dated May 2, 2012
EX-99.1 2 d342696dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

 

LOGO

Contacts:

Jim Olson

Starbucks Coffee Company

+1-206-318-7100

press@starbucks.com

Starbucks Appoints Former Defense Secretary Robert Gates to

Board of Directors

Presidential Medal of Freedom Recipient adds global perspective and more than

45 years of public service to Board of Directors

SEATTLE, May 2, 2012 – Starbucks Corporation (NASDAQ: SBUX) announced today that Robert M. Gates, former U.S. Secretary of Defense and current chancellor of the College of William & Mary, was elected to the Starbucks Board of Directors. He will serve on the Board’s Nominating and Corporate Governance Committee.

“We are honored and humbled to be adding this distinguished American leader to Starbucks Board of Directors,” said Howard Schultz, chairman, president and ceo. “Secretary Gates has devoted his life to serving our country and our next generation of leaders and public servants. His unique global perspective and more than four decades of distinguished public service will complement and strengthen our Board as we accelerate our global growth and expand our commitment to the communities where we do business all around the world.”

Secretary Gates served in numerous roles in the Executive Branch of the U.S. government for nearly half a century, culminating as Secretary of Defense from 2006 to 2011. He was the first defense secretary to serve under presidents from both political parties – President George W. Bush and President Barack Obama. Upon Secretary Gates’ retirement in June 2011, he was presented the Presidential Medal of Freedom, the highest honor a president can bestow on a civilian.

In September 2011 he was named the 24th chancellor of the College of William & Mary. Secretary Gates also served as president of Texas A&M University between 2002 and 2006. He earned an undergraduate degree in history from the College of William & Mary, a master’s degree in history from Indiana University and a doctorate in Russian and Soviet history from Georgetown University.

In addition to the Presidential Medal of Freedom, Secretary Gates is the recipient of numerous other awards and honors, including recognition as one of TIME’s Most Influential People in 2007.

“I am deeply honored to have been asked to join Starbucks Board of Directors,” said Secretary Gates. “Starbucks is a different kind of company that is recognized around the world not only for its innovative products, customer service and business success, but more importantly for its unwavering commitment to a core set of values that put people and community first. I have Starbucks to thank for keeping me caffeinated through many long days and nights during my years in Washington and couldn’t be more proud about the opportunity to play a part in helping the company navigate our increasingly complex world in the years ahead.”

About Starbucks

Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting the highest quality arabica coffee in the world. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at www.starbucks.com.

###

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