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 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(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * Alstead Troy   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) cfo and cao (Last) (First) (Middle) 2401 UTAH AVENUE SOUTH, SUITE 800 3. Date of Earliest Transaction (Month/Day/Year) 12/07/2010 (Street) SEATTLE, WA 98134 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 12/07/2010   M   71,000 A $ 7.4 218,188 D   Common Stock 12/07/2010   M   45,000 A $ 10.32 263,188 D   Common Stock 12/07/2010   M   70,000 A $ 15.23 333,188 D   Common Stock 12/07/2010   S   153,784 D $ 33.0023 (1) 179,404 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction 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 (Month/Day/Year)

7. Title and Amount of Underlying Securities (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)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (Right to Buy)

$ 7.4

12/07/2010

M

71,000

(2)

10/01/2011

Common Stock

71,000

$ 0

0

D

Employee Stock Option (Right to Buy)

$ 10.32

12/07/2010

M

45,000

(3)

09/30/2012

Common Stock

45,000

$ 0

0

D

Employee Stock Option (Right to Buy)

$ 15.23

12/07/2010

M

70,000

(4)

11/20/2013

Common Stock

70,000

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Alstead Troy 2401 UTAH AVENUE SOUTH, SUITE 800 SEATTLE, WA 98134			cfo and cao

Signatures

/s/ Alejandro C. Torres, attorney-in-fact for Troy Alstead		12/09/2010
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	This transaction was executed in multiple trades at prices ranging from $32.96 to $33.04. 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.
(2)	The option became exercisable in two increments of 23,667 shares each on October 1 of 2002 and 2003, and one increment of 23,666 shares on October 1, 2004.
(3)	The option became exercisable in three increments of 15,000 shares each on September 30 of 2003, 2004 and 2005.
(4)	The option became exercisable in one increment of 23,334 shares on October 1, 2004, and two increments of 23,333 shares each on October 1 of 2005 and 2006.

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