<SEC-DOCUMENT>0000902664-24-000486.txt : 20240122
<SEC-HEADER>0000902664-24-000486.hdr.sgml : 20240122
<ACCEPTANCE-DATETIME>20240122170011
ACCESSION NUMBER:		0000902664-24-000486
CONFORMED SUBMISSION TYPE:	DFAN14A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240122
DATE AS OF CHANGE:		20240122

SUBJECT COMPANY:	

	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:		DFAN14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-20322
		FILM NUMBER:		24549547

	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

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Strategic Organizing Center
		CENTRAL INDEX KEY:			0002001721
		ORGANIZATION NAME:           	
		IRS NUMBER:				203688367
		STATE OF INCORPORATION:			DC
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DFAN14A

	BUSINESS ADDRESS:	
		STREET 1:		1900 L STREET, NW
		STREET 2:		SUITE 900
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20036
		BUSINESS PHONE:		(202) 721-0660

	MAIL ADDRESS:	
		STREET 1:		1900 L STREET, NW
		STREET 2:		SUITE 900
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20036
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<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0; text-align: center">SCHEDULE 14A</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0; text-align: center">Proxy Statement Pursuant to Section 14(a)</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0; text-align: center">of the Securities Exchange Act of 1934</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/107% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Filed
by the Registrant </FONT><FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/107% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Filed
by a Party other than the Registrant </FONT><FONT STYLE="font-family: Wingdings">&#254;</FONT></P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify">Check the appropriate box:</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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    <TD STYLE="width: 7%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 12pt; line-height: 107%">&#168;</FONT></TD>
    <TD STYLE="width: 93%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; line-height: 107%">Preliminary Proxy Statement</FONT></TD></TR>
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    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 12pt; line-height: 107%">&#168;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; line-height: 107%">Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</FONT></TD></TR>
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    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 12pt; line-height: 107%">&#168;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; line-height: 107%">Definitive Proxy Statement</FONT></TD></TR>
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    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 12pt; line-height: 107%">&#168;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; line-height: 107%">Definitive Additional Materials</FONT></TD></TR>
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    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Wingdings; font-size: 12pt; line-height: 107%">&#254;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 107%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt; line-height: 107%">Soliciting Material Under Rule 14a-12</FONT></TD></TR>
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<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 22pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Starbucks Corporation</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Name of Registrant as Specified in Its Charter)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Strategic Organizing Center</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Service Employees International Union</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Mary Kay Henry</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Ahmer Qadeer</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Michael Zucker</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Maria Echaveste</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Joshua Gotbaum</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Wilma B. Liebman</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0; text-align: center">(Name of Person(s) Filing Proxy Statement, if
other than the Registrant)</P>


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<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt">Payment of Filing Fee (Check all boxes that apply):</P>

<P STYLE="font: 10pt/85% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">&nbsp;</P>

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    <TD STYLE="width: 7%; padding-right: 5.4pt; padding-bottom: 8pt; padding-left: 5.4pt; line-height: 85%"><FONT STYLE="font-family: Wingdings; font-size: 12pt; line-height: 85%">&#254;</FONT></TD>
    <TD STYLE="width: 93%; padding-right: 5.4pt; padding-bottom: 8pt; padding-left: 5.4pt; line-height: 85%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; line-height: 85%">No fee required.</FONT></TD></TR>
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    <TD STYLE="padding-right: 5.4pt; padding-bottom: 8pt; padding-left: 5.4pt; line-height: 85%"><FONT STYLE="font-family: Wingdings; font-size: 12pt; line-height: 85%">&#168;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 8pt; padding-left: 5.4pt; line-height: 85%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; line-height: 85%">Fee paid previously with preliminary materials.</FONT></TD></TR>
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    <TD STYLE="padding-right: 5.4pt; padding-bottom: 8pt; padding-left: 5.4pt; line-height: 85%"><FONT STYLE="font-family: Wingdings; font-size: 12pt; line-height: 85%">&#168;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 8pt; padding-left: 5.4pt; line-height: 85%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; line-height: 85%">Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11.</FONT></TD></TR>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt">&nbsp;</P>


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<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify">From time to time, Tejal Patel, an employee
of the SOC Investment Group, may deliver the following remarks or substantially similar
remarks relating to Starbucks Corporation to investors or other stakeholders in various public forums.</P>

<P STYLE="font: 11pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="border-bottom: Black 1pt solid; font: 11pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 11pt/107% Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 11pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify">Employees are a critical component of Starbucks'
business model and a driver of shareholder value. Unfortunately, we believe the Starbucks Board has failed to effectively oversee the
Company&rsquo;s approach to this critical stakeholder group over the past two years. As Starbucks&rsquo; workers have voted to unionize
over 380 stores, allegations of labor rights violations filed with the National Labor Relations Board have mounted. After investigating
and finding merit in charges by workers, the NLRB has issued over 130 complaints against Starbucks, which include in aggregate, about
400 charges of violating federal labor law. Additionally, the Company has received 30 adverse administrative law judge decisions, which
the Company is appealing to the full NLRB. The Company has also appealed to the Supreme Court an NLRB decision that required Starbucks
to rehire seven pro-union baristas who were previously terminated by the Company. We believe Starbucks&rsquo; recent approach to labor
issues has demonstrated a severe mismanagement of its human capital and has, and may continue to, materially damage the way customers
and employees perceive the Company, exposing its business to reputational and financial risk.</P>

<P STYLE="font: 11pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/107% Times New Roman, Times, Serif; margin: 0; text-align: justify">In our view, the Board&rsquo;s chronically
poor oversight of human capital management and its apparent failure to address labor rights issues&mdash;which are part of the Company&rsquo;s
stated commitment to international human rights&mdash;jeopardizes long-term shareholder value. While the Company recently unilaterally
appointed new directors, we believe the Board could be better equipped to meet its human capital management and labor challenges. For
these reasons, we have nominated 3 directors to the Starbucks Board: </P>

<UL STYLE="list-style-type: disc">

<LI STYLE="margin: 0pt 0 12pt; color: #333333; text-align: justify; font-family: Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Maria
Echaveste is </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">President and CEO of the Opportunity Institute,
a non-profit working to increase economic and social mobility. She currently serves as a board member of NASDAQ listed Cadiz, Inc., where
she also serves as Chair of the Corporate Governance and Nominating Committee and as a member of the Equity, Sustainability &amp; Environmental
Justice Committee. She previously served as a senior White House official, a corporate attorney, and as Administrator of the Wage and
Hour Division at the Department of Labor.</FONT></LI>

</UL>

<UL STYLE="list-style-type: disc">

<LI STYLE="margin: 0pt 0 12pt; color: #333333; text-align: justify; font-family: Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Hon.
Joshua Gotbaum is a director and member of the Audit Committee of global asset management firm Thornburg Investment Management Inc.,
a Trustee of the Pension Reserve Trust of the Commonwealth of Puerto Rico, and Chair of the Maryland Small Business Retirement Savings
Board. He previously led the Chapter 11 reorganization of Hawaiian Airlines, successfully bringing the company out of bankruptcy and
settling various contract disputes with the carrier&rsquo;s unions. He also has broad management and board experience at public and private
companies and nonprofits, as well as an extensive background working at senior levels of the US government.</FONT></LI>

</UL>

<UL STYLE="list-style-type: disc">

<LI STYLE="margin: 0pt 0 12pt; color: #333333; text-align: justify; font-family: Times New Roman, Times, Serif"><FONT STYLE="font-size: 11pt">Wilma
Liebman has over 40 years of experience in labor management, employee relations, wage negotiations, public policy and law that we believe
would bring vital experience to Starbucks&rsquo; Board. She served as a member of the National Labor Relations Board for 14 years, two
of which she served as Chair. She is currently a member of the Board of non-profit, Ownership Works, and Chair of the private dispute-resolution
body the Dunlap Commission on Agricultural Labor.</FONT></LI>

</UL>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; color: #333333">We
have filed a preliminary proxy statement with the SEC. We intend to file a definitive proxy statement shortly with the SEC and distribute
BLUE proxy cards to shareholders. There is also more information on the contest&rsquo;s website, www.brewabetterstarbucks.com.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">Going forward, we intend to communicate
with investors regarding our nominations and how investors can vote on the BLUE proxy card or BLUE voting instruction form with their
banks or brokers. We would appreciate your consideration of these candidates for the Starbucks Board at the AGM, which we expect to be
on March 13, 2024 based on the Company&rsquo;s prior filings, and are happy to discuss further with any investors as we get closer to
the meeting date.</P>



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