FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

JOHNSON KEVIN R
2. Issuer Name and Ticker or Trading Symbol

STARBUCKS CORP [ SBUX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
president and ceo
(Last)          (First)          (Middle)

2401 UTAH AVENUE SOUTH, SUITE 800
3. Date of Earliest Transaction (MM/DD/YYYY)

4/1/2021
(Street)

SEATTLE, WA 98134
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 4/1/2021  M  153290 (1)A$47.0225 499223.889 (2)D  
Common Stock 4/1/2021  S  121801 (1)D$109.0363 (3)377422.889 D  
Common Stock 4/1/2021  S  31489 (1)D$109.4547 (4)345933.889 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-qualified Stock Option (Right to Buy) $47.0225 4/1/2021  M     153290 (1) 3/16/2016 (5)3/16/2025 Common Stock 153290 $0 170000 D  

Explanation of Responses:
(1) The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 18, 2021.
(2) Includes 1,433.745 accrued dividend equivalents on unvested restricted stock units.
(3) This transaction was executed in multiple trades at prices ranging from $108.26 to $109.255. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
(4) This transaction was executed in multiple trades at prices ranging from $109.26 to $109.98. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
(5) The option, representing the right to buy a total of 161,645 shares, became exercisable in two increments of 53,882 shares each on March 16, 2016 and March 16, 2017, and one increment of 53,881 shares on March 16, 2018.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
JOHNSON KEVIN R
2401 UTAH AVENUE SOUTH, SUITE 800
SEATTLE, WA 98134
X
president and ceo

Signatures
/s/ Jenn X. Hu, attorney-in-fact for Kevin R. Johnson4/2/2021
**Signature of Reporting PersonDate

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