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 *

CULVER JOHN
2. Issuer Name and Ticker or Trading Symbol

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

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
group pres, Int'l & Channel
(Last)          (First)          (Middle)

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

2/16/2021
(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 2/16/2021  M  48749 A$60.68 389436.047 (1)D  
Common Stock 2/16/2021  S  48749 D$106.509 (2)340687.047 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) $60.68 2/16/2021  M     48749   (3)11/16/2025 Common Stock 48749 $0 99147 D  

Explanation of Responses:
(1) Includes 39 shares purchased on December 31, 2020, pursuant to the Starbucks Corporation Employee Stock Purchase Plan, and 348.753 accrued dividend equivalents on unvested restricted stock units.
(2) This transaction was executed in multiple trades at prices ranging from $106.50 to $106.517. 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.
(3) The option, representing the right to buy a total of 147,896 shares, became exercisable in four installments of 36,974 shares each on November 16, 2016, November 16, 2017, November 16, 2018 and November 16, 2019.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
CULVER JOHN
2401 UTAH AVENUE SOUTH, SUITE 800
SEATTLE, WA 98134


group pres, Int'l & Channel

Signatures
/s/ Jennifer L. Kraft, attorney-in-fact for John Culver2/18/2021
**Signature of Reporting PersonDate

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