Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers; Compensatory Arrangements of Certain
Officers.
(e) The Compensation and Management Development Committee of the Board of
Directors of Starbucks Corporation ("Starbucks") has approved forms of time
vested restricted stock unit agreement and performance based restricted stock
agreement to be used in connection with awards made under Starbucks Corporation
2005 Long-Term Equity Incentive Plan ("2005 Equity Plan"). The performance based
restricted stock unit agreement is expected to be used in connection with all
performance based restricted stock unit grants awarded under the 2005 Equity
Plan to executive officers. The time vested restricted stock unit agreement
(U.S.) was used for the May 8, 2008 grant of restricted stock units to Peter J.
Bocian, Starbucks executive vice president, chief financial officer and chief
administrative officer, and is expected to be used in connection with all future
time vested restricted stock unit grants awarded under the 2005 Equity Plan to
executive officers in the United States. The May 8, 2008 grant of 38,360
restricted stock units to Mr. Bocian, which vest over a four-year period, with
50% vesting on the second anniversary of the date of grant and 50% vesting on
the fourth anniversary of the date of grant, was previously reported on a Form 4
filed with the Securities and Exchange Commission on May 12, 2008. The time
based restricted stock unit agreement (International) is expected to be used in
connection with all future time vested restricted stock unit grants awarded
under the 2005 Equity Plan to executive officers outside of the United States.
Copies of the forms of time vested restricted stock unit agreement, U.S. and
international, and performance based restricted stock agreement are attached
hereto as Exhibits 10.1, 10.2 and 10.3, respectively, and are hereby
incorporated by reference in this Item 5.02.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
10.1 Form of Time Vested Restricted Stock Unit Agreement (U.S.) under 2005
Long-Term Equity Incentive Plan
10.2 Form of Time Vested Restricted Stock Unit Agreement (International) under
2005 Long-Term Equity Incentive Plan
10.3 Form of Performance Based Restricted Stock Unit Agreement under 2005
Long-Term Equity Incentive Plan
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