Exhibit (a)(1)(D)
STARBUCKS CORPORATION
STOCK OPTION EXCHANGE PROGRAM
FREQUENTLY ASKED QUESTIONS (FAQ)
May 1, 2009
General Information
The following Frequently Asked Questions (“FAQ”) were prepared to address common
questions that you may have about the offer to exchange certain outstanding underwater
stock options (“eligible stock options”) for a lesser amount of new stock options with a
lower exercise price (“Exchange Offer”) made by Starbucks Corporation (“Starbucks,”
“we,” “us” and “Company”) to partners eligible to participate in the Exchange Offer. The
information in this FAQ is based on the information contained in the Offer to Exchange
document dated May 1, 2009 and related materials, filed by Starbucks with the Securities
and Exchange Commission (“SEC”) on May 1, 2009 and delivered to eligible partners by
mail. The information in this FAQ is provided as of May 1, 2009 and does not contain
complete details about the Exchange Offer. Additional information about the Exchange Offer
is available in the Offer to Exchange document and related materials.
Glossary of Terms:
Company:
Starbucks Corporation (also known as Starbucks Coffee Company)
Exchange Ratio:
The exchange ratio determines the number of eligible stock options
required to be surrendered (“exchanged”) in order to receive one new
stock option (e.g., a 2.01:1 exchange ratio means 2.01 eligible stock
options must be surrendered for each new stock option). The exchange
ratios are designed to result in a fair value of the new stock options that is
approximately equal to the fair value of the eligible stock options that are
surrendered for exchange.
Exercise of
Stock Options:
Exercising stock options is the process of purchasing the underlying
shares of Company stock at the fixed price specified in the stock option
grant agreement, regardless of the current market price. If you elect a
“cashless exercise” of your vested stock options, you immedi