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 * Perez Beatriz R 2. Issuer Name and Ticker or Trading Symbol COCA COLA CO [ KO ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Senior Vice President
(Last)         (First)         (Middle)
THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA
3. Date of Earliest Transaction (MM/DD/YYYY)
1/13/2022
(Street)
ATLANTA, GA 30313
(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, $.25 Par Value  1/13/2022    M    27900  A $34.3525  139150  D   
Common Stock, $.25 Par Value  1/13/2022    S(1)    27900  D $61.0097 (2) 111250  D   
Common Stock, $.25 Par Value  1/14/2022    M    30100  A $34.3525  141350  D   
Common Stock, $.25 Par Value  1/14/2022    S(1)    30100  D $61.0681 (3) 111250  D (4)  
Common Stock, $.25 Par Value                 20748 (5) I  By 401(k) Plan 

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 Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. 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 Date 7. 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy)  $34.3525  1/13/2022    M        27900    (6) 2/15/2022  Common Stock, $.25 Par Value  27900  $0  55506  D   
Employee Stock Option (Right to Buy)  $34.3525  1/14/2022    M        30100    (6) 2/15/2022  Common Stock, $.25 Par Value  30100  $0  25406  D   
Hypothetical Shares   (7)                  (8)  (8) Common Stock, $.25 Par Value  7698    7698 (9) I  By Supplemental 401(k) Plan 

Explanation of Responses:
(1)  The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on May 5, 2021.
(2)  The price is the weighted average sale price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $61.00 to $61.035. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
(3)  The price is the weighted average sale price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $61.00 to $61.130. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
(4)  Exhibit Index - Exhibit No. 24 - Power of Attorney
(5)  Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of January 13, 2022.
(6)  Options (with tax withholding right) granted on February 16, 2012 under The Coca-Cola Company 2008 Stock Option Plan. One-fourth of grant became exercisable on each of the first, second, third and fourth anniversaries of the grant date.
(7)  Each hypothetical share is equal to one share of common stock of The Coca-Cola Company.
(8)  There is no data applicable with respect to the hypothetical shares.
(9)  As of January 13, 2022.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Perez Beatriz R
THE COCA-COLA COMPANY
ONE COCA-COLA PLAZA
ATLANTA, GA 30313


Senior Vice President

Signatures
/s/ Beatriz Perez 1/17/2022
**Signature of Reporting Person Date
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