- Statement of Changes in Beneficial Ownership (4)

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	OMB APPROVAL OMB Number: 3235-0287 Expires: February 28, 2011 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* Martel Alfredo V.	2. Issuer Name and Ticker or Trading Symbol Caribou Coffee Company, Inc. [ CBOU ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __ X __ Officer (give title below) _____ Other (specify below) Sr. VP of Marketing & Prod Dev
(Last) (First) (Middle) C/O CARIBOU COFFEE COMPANY, INC., 3900 LAKEBREEZE AVE., NORTH	3. Date of Earliest Transaction (MM/DD/YYYY) 4/12/2011
(Street) BROOKLYN CENTER, MN 55429 (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)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

*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 Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. 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 Date		7. 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)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			100	11/3/2008	11/3/2018	Common Stock	100	$9.63	53025	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			425	11/3/2008	11/3/2018	Common Stock	425	$9.66	52600	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			100	11/3/2008	11/3/2018	Common Stock	100	$9.67	52500	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			100	11/3/2008	11/3/2018	Common Stock	100	$9.61	52400	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			600	11/3/2008	11/3/2018	Common Stock	600	$9.65	51800	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			100	11/3/2008	11/3/2018	Common Stock	100	$9.60	51700	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			172	11/3/2008	11/3/2018	Common Stock	172	$9.58	51528	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			115	11/3/2008	11/3/2018	Common Stock	115	$9.55	51413	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			200	11/3/2008	11/3/2018	Common Stock	200	$9.53	51213	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			429	11/3/2008	11/3/2018	Common Stock	429	$9.52	50784	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			484	11/3/2008	11/3/2018	Common Stock	484	$9.51	50300	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			349	11/3/2008	11/3/2018	Common Stock	349	$9.50	49951	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			51	11/3/2008	11/3/2018	Common Stock	51	$9.56	49900	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			100	11/3/2008	11/3/2018	Common Stock	100	$9.43	49800	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			800	11/3/2008	11/3/2018	Common Stock	800	$9.48	49000	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			900	11/3/2008	11/3/2018	Common Stock	900	$9.47	48100	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			700	11/3/2008	11/3/2018	Common Stock	700	$9.46	47400	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			200	11/3/2008	11/3/2018	Common Stock	200	$9.49	47200	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			1500	11/3/2008	11/3/2018	Common Stock	1500	$9.45	45700	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			600	11/3/2008	11/3/2018	Common Stock	600	$9.44	45100	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			1300	11/3/2008	11/3/2018	Common Stock	1300	$9.43	43800	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			367	11/3/2008	11/3/2018	Common Stock	367	$9.41	43433	D
Employee Stock Option ⁽¹⁾	$1.91	4/12/2011	4/12/2011	S			933	11/3/2008	11/3/2018	Common Stock	933	$9.42	42500	D

Explanation of Responses:
( 1)	SALE PURSUANT TO TERMS OF 10b5-1 TRADING PLAN DATED DECEMBER 21, 2010.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Martel Alfredo V. C/O CARIBOU COFFEE COMPANY, INC. 3900 LAKEBREEZE AVE., NORTH BROOKLYN CENTER, MN 55429			Sr. VP of Marketing & Prod Dev

Signatures
Dan E. Lee		4/14/2011
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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