On April 17, 2014, Keurig Green Mountain, Inc., a Delaware corporation, closed on the previously disclosed private placement to Luigi Lavazza S.p.A, an Italian corporation (“Lavazza”), of 1,407,000 shares of common stock, par value $0.10 per share (“Common Stock”) of the Company (the “Shares”) at a purchase price per Share equal to $74.98.
Lavazza acquired the Shares pursuant to its pre-emptive rights set forth in Section 10.3 of the Common Stock Purchase Agreement dated August 10, 2010 between the Company and Lavazza, as amended and in effect from time to time, and in connection with the acquisition of 16,684,139 shares of Common Stock on February 27, 2014 by Atlantic Industries, a company incorporated under the Cayman Islands and a wholly owned subsidiary of The Coca-Cola Company, a Delaware corporation, pursuant to the previously disclosed terms of that certain Common Stock Purchase Agreement dated as of February 5, 2014 by and between the Company and Atlantic Industries.
The sale of the Shares was effected pursuant to the Common Stock Purchase Agreement, dated March 28, 2014 (the “SPA”) by and between the Company and Lavazza.
