Starbucks Details Proxy Voting Process for Shareholders

Ticker: SBUX · Form: DEFA14A · Filed: 2024-02-09T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, corporate-governance, shareholder-vote

TL;DR

**Starbucks just dropped voting instructions for shareholders; grab your WHITE proxy card to vote by mail, web, or phone.**

AI Summary

Starbucks Corporation filed a DEFA14A on February 9, 2024, providing additional materials for its proxy statement. This filing specifically details how shareholders can vote their shares, emphasizing the use of a unique control number found on their WHITE proxy card or voting instruction form. Shareholders can vote by mail, internet, or toll-free telephone. This matters to investors because it outlines the process for participating in important corporate governance decisions, ensuring their voice is heard on matters like board elections or executive compensation.

Why It Matters

This filing ensures shareholders understand how to exercise their voting rights, which is crucial for influencing company direction and holding management accountable.

Risk Assessment

Risk Level: low — This filing is purely procedural, providing instructions for shareholder voting, and does not introduce new financial or operational risks.

Analyst Insight

An investor should review their mail or email for the WHITE proxy card or voting instruction form to ensure they have their control number and understand the voting deadlines to participate in corporate governance.

Key Players & Entities

FAQ

What type of filing is this document?

This document is a DEFA14A, specifically categorized as 'Definitive Additional Materials' for a Schedule 14A Proxy Statement, as indicated by the checked box in the filing.

When was this DEFA14A filing made by Starbucks Corporation?

The DEFA14A filing was made on February 9, 2024, and the additional webpage it references was also posted on this date.

What is the primary purpose of this DEFA14A filing?

The primary purpose of this DEFA14A filing is to provide shareholders with additional information and frequently asked questions regarding how to vote their shares for the upcoming proxy statement, specifically detailing methods like mail, internet, and telephone.

Where can shareholders find their control number for electronic voting?

Shareholders can find their control number on their WHITE proxy card or WHITE voting instruction form received by mail, or in the email from their broker if they received proxy materials electronically. The filing explicitly states that control numbers are specific to each account and change annually.

What are the different methods shareholders can use to vote their shares according to this filing?

According to the filing, shareholders can vote their shares by mail using the postage-paid envelope provided with their WHITE proxy card, electronically via the internet using the website indicated on their proxy materials, or by toll-free telephone, depending on how they hold their shares.

From the Filing

0001193125-24-030006.txt : 20240209 0001193125-24-030006.hdr.sgml : 20240209 20240209161600 ACCESSION NUMBER: 0001193125-24-030006 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STARBUCKS CORP CENTRAL INDEX KEY: 0000829224 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING & DRINKING PLACES [5810] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 911325671 STATE OF INCORPORATION: WA FISCAL YEAR END: 0927 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 000-20322 FILM NUMBER: 24615146 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 DEFA14A 1 d746799ddefa14a.htm DEFA14A DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) ☑ Filed by the Registrant ☐ Filed by a party other than the Registrant CHECK THE APPROPRIATE BOX: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☐ Definitive Proxy Statement ☑ Definitive Additional Materials ☐ Soliciting Material under §240.14a-12 STARBUCKS CORPORATION (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) PAYMENT OF FILING FEE (CHECK ALL BOXES THAT APPLY): ☑ No fee required ☐ Fees paid previously with preliminary materials ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) The following is an additional webpage posted on Starbucks advocacy website on February 9, 2024 Frequently Asked Questions How do I vote? By Mail: If you received a WHITE proxy card or WHITE voting instruction form by mail, you may simply mark, sign, date, and return it in the postage-paid envelope provided. Electronically: You should have your control number handy when voting your shares electronically. Control numbers change each year and are not reusable. Your control number can be found on (and is specific to) your WHITE proxy card or WHITE voting instruction form received in the mail or via email from your broker. You will have a different control number for each account in which you hold shares. With your control number handy, you can vote your shares: • By Internet: Locate the control number on your WHITE proxy card or WHITE voting instruction form or notice and visit the website indicated. Or, if you received your proxy materials by email from your broker, simply click the “VOTE NOW” button in the email. • By Toll-Free Telephone: Depending on how you hold your shares, you may also vote by telephone. Locate the control number on your WHITE proxy card or WHITE voting instruction form and call the telephone number indicated (available 24/7). Alternatively, some brokers may include a link to voting instructions in your online brokerage firm account – look for a Proxy Materials section if applicable. What if I can’t find my control number? If you cannot find your control number and you had earlier consented to receiving your proxy materials by email, please make sure to check your email “Spam” filter. You may also request your control number in the following ways: • For Beneficial shareholders (i.e., if your shares are held in the name of a broker, bank, or other holder of record), please contact your broker, bank, or holder of record directly. You may need to ask for the Proxy Department, specifically. If you need further help, please contact Innisfree M&A Incorporated, our solicitation firm, at +1 (888) 750-5884 (toll-free from the U.S. and Canada) or +1 (412) 232-3651 from other countries. • For Registered shareholders (i.e

View on Read The Filing