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 *

Barra Ornella
2. Issuer Name and Ticker or Trading Symbol

Walgreens Boots Alliance, Inc. [ WBA ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Operating Officer, Int'l
(Last)          (First)          (Middle)

24 BOULEVARD DU TENAO
3. Date of Earliest Transaction (MM/DD/YYYY)

11/1/2022
(Street)

MONTE CARLO, O9 98000
(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, par value $0.01 per share 11/1/2022  A(1)  58230 A$0 324209 (2)D  
Common Stock, par value $0.01 per share 11/1/2022  F(3)  3285 D$36.26 320924 D  
Common Stock, par value $0.01 per share         1718000 I By OLB (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 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
Employee Stock Option (right to buy) $84.68            (5)11/1/2025 Common Stock 84466  84466 D  
Employee Stock Option (right to buy) $82.46           11/1/2019 (6)11/1/2026 Common Stock 140844  140844 D  
Employee Stock Option (right to buy) $67.01            (7)11/1/2027 Common Stock 161506  161506 D  
Employee Stock Option (right to buy) $79.9            (8)11/1/2028 Common Stock 133333  133333 D  
Employee Stock Option (right to buy) $57.38            (9)11/1/2029 Common Stock 141806  141806 D  
Employee Stock Option (right to buy) $34.04            (10)11/1/2030 Common Stock 139233  139233 D  
Employee Stock Option (right to buy) $47.32            (11)11/1/2031 Common Stock 139405  139405 D  

Explanation of Responses:
(1) Restricted stock unit award granted under the amended and restated Walgreens Boots Alliance, Inc. 2021 Omnibus Incentive Plan (together with the related award agreement and the applicable election forms thereunder, the "Plan"). The shares underlying these restricted stock units vest with respect to 19,390 shares on November 1, 2023, with respect to 19,391 shares on November 1, 2024 and with respect to 19,449 shares on November 1, 2025, subject to forfeiture in certain circumstances in accordance with the terms and conditions of the Plan.
(2) Includes shares underlying restricted stock units issued in lieu of dividends (through November 3, 2022) on outstanding restricted stock units.
(3) Disposition relating to the satisfaction of tax withholding obligations upon the vesting of restricted stock unit awards granted in accordance with Rule 16b-3.
(4) Shares of Common Stock are held of record by a corporation, OLB Holdings Ltd. ("OLB"), which is 100% owned by the Reporting Person.
(5) The option vested with respect to 28,127 shares on November 1, 2016, with respect to a further 28,127 shares on November 1, 2017, and with respect to 28,212 shares on November 1, 2018, subject to forfeiture in certain circumstances in accordance with the terms and conditions of the Plan.
(6) The option vested on November 1, 2019, subject to forfeiture in certain circumstances in accordance with the terms and conditions of the Plan.
(7) The option vested with respect to 53,781 shares on November 1, 2018, with respect to a further 53,781 shares on November 1, 2019 and with respect to 53,944 shares on November 1, 2020, subject to forfeiture in certain circumstances in accordance with the terms and conditions of the Plan.
(8) The option vested with respect to 44,399 shares on November 1, 2019, with respect to 44,400 shares on November 1, 2020, and with respect to 44,534 shares on November 1, 2021, subject to forfeiture in certain circumstances in accordance with the terms and conditions of the Plan.
(9) The option vested with respect to 47,221 shares on November 1, 2020; with respect to a further 47,221 shares on November 1, 2021, and with respect to 47,364 shares on November 1, 2022, subject to acceleration or forfeiture in certain circumstances in accordance with the terms and conditions of the Plan.
(10) The option vested with respect to 46,364 shares on November 1, 2021 and with respect to 46,365 shares on November 1, 2022 and vests with respect to 46,504 shares on November 1, 2023, subject to acceleration or forfeiture in certain circumstances in accordance with the terms and conditions of the Plan.
(11) The option vested with respect to 46,422 shares on November 1, 2022, and vests with respect to a further 46,422 shares on November 1, 2023 and with respect to 46,561 shares on November 1, 2024, subject to acceleration or forfeiture in certain circumstances in accordance with the terms and conditions of the Plan.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Barra Ornella
24 BOULEVARD DU TENAO
MONTE CARLO, O9 98000


Chief Operating Officer, Int'l

Signatures
Benjamin S.J. Burman, attorney-in-fact11/3/2022
**Signature of Reporting PersonDate


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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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