As filed with the Securities and Exchange Commission on March 30, 2005

SECURITIES AND EXCHANGE COMMISSION

---

POST EFFECTIVE AMENDMENT NO. 1 TO
REGISTRATION STATEMENTS ON FORM S-8
UNDER
THE SECURITIES ACT OF 1933

---

STARBUCKS CORPORATION

2401 Utah Avenue South
Seattle, Washington 98134
(Address of principal executive offices, including zip code)

---

STARBUCKS CORPORATION
AMENDED AND RESTATED 1989 STOCK OPTION PLAN FOR NON-EMPLOYEE DIRECTORS

---

---

Copy to:

RICHARD B. DODD
ANNETTE ELINGER BECKER
Preston Gates & Ellis LLP
925 Fourth Avenue, Suite 2900
Seattle, Washington 98104-1158
(206) 623-7580

---

 

TABLE OF CONTENTS

EXPLANATORY STATEMENT

 

EXPLANATORY STATEMENT

     Starbucks Corporation (the “Registrant”) is filing this Post-Effective Amendment No. 1 to Form S-8 Registration Statement to deregister certain securities originally registered by the Registrant pursuant to its Registration Statement on Form S-8 filed with the Securities and Exchange Commission (the “Commission”) on January 19, 2000, File No. 333-94987 (the “2000 Form S-8”), with respect to shares of the Registrant’s common stock, par value $0.001 per share (the “Common Stock”), thereby registered for offer or sale pursuant to the Starbucks Corporation Amended and Restated 1989 Stock Option Plan for Non-Employee Directors (the “NED Plan”). A total of 2,900,000 shares of Common Stock (as adjusted to reflect the two-for-one stock split effected by the Registrant on April 27, 2001) were initially registered for issuance under the 2000 Form S-8. An additional 22,000,000 shares of Common Stock (as adjusted) were initially registered in connection with the NED Plan pursuant to the Registrant’s Registration Statement on Form S-8 filed with the Commission on September 28, 1992, File No. 33-52526, the contents of which were incorporated by reference in the 2000 Form S-8.

     On February 9, 2005, the shareholders of the Registrant approved the Starbucks Corporation 2005 Long-Term Equity Incentive Plan (the “2005 Plan”), which replaces the NED Plan. No future awards will be made under the NED Plan. According to the terms of the 2005 Plan, the shares of Common Stock that were available for grant under the NED Plan, but not actually subject to outstanding awards, as of February 9, 2005 are available for issuance under the 2005 Plan. The total number of shares of Common Stock available for grant under the NED Plan, but not actually subject to outstanding awards, on February 9, 2005 was 1,484,755, as adjusted (the “Carryover Shares”). Those 1,484,755 shares are hereby deregistered. The 2000 Form S-8 otherwise continues in effect as to the balance of the shares of Common Stock remaining available for offer or sale pursuant thereto.

     Contemporaneously with the filing of this Post-Effective Amendment No. 1 to Form S-8 Registration Statement, the Registrant is filing a Registration Statement on Form S-8 to register the shares of Common Stock now available for offer or sale pursuant to the 2005 Plan, including but not limited to the Carryover Shares.

     In accordance with Rule 457(p) of the Securities Act of 1933, as amended, and Instruction E to the General Instructions to Form S-8, this Post-Effective Amendment No. 1 to Form S-8 Registration Statement is hereby filed to reallocate the Carryover Shares from the NED Plan to the 2005 Plan that were previously registered from the 2000 Form S-8 to the Registration Statement on Form S-8 for the 2005 Plan that is filed contemporaneously with the filing of this Post-Effective Amendment No. 1 to Form S-8 Registration Statement.

     There may be shares of Common Stock registered in connection with the NED Plan that are represented by awards under the NED Plan that, after February 9, 2005, are forfeited, expire, are cancelled without delivery of shares, or otherwise result in the return of shares to the Registrant. The Registrant intends to periodically file additional post-effective amendments to the 2000 Form S-8, and additional Registration Statements on Form S-8, carrying forward such shares for issuance in connection with the 2005 Plan.

 

SIGNATURES

     Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Post-Effective Amendment on Form S-8 Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Seattle, State of Washington, on this 30^th day of March, 2005.

     Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment on Form S-8 Registration Statement has been signed by the following persons in the capacities indicated below on this 30^th day of March, 2005.