PEPSICO INC — Director's Dealing 2003

Feb 4, 2003

4 1 form4-rodkin203.htm Form 4 - Gary M. Rodkin

| FORM 4 | | OMB
APPROVAL |
| --- | --- | --- |
| o | Check this box if no longer subject to Section 16. Form 4 or Form
5 obligations may continue. See Instruction 1(b). | OMB
Number: 3235-0287 Expires: January
31, 2005 Estimated average burden hours per
response.........0.5 |
| (Print or Type Responses) | | |

| 1. Name and Address of
Reporting Person* Rodkin Gary M. | 2. Issuer Name and Ticker or Trading
Symbol PepsiCo, Inc. (PEP) | | | | | | 6. Relationship of Reporting Person(s) to
Issuer (Check all
applicable) o Director o 10%
Owner x Officer o Other (specify below) (give
title
below) President and Chief Executive Officer, PepsiCo Beverages and Foods North America | | |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| (Last)

(First)
(Middle) 700 Anderson Hill Road | 3. I.R.S. Identification Number of
Reporting Person, if an entity (voluntary) | | | 4. Statement for
Month/Day/Year 02/01/2003 | | | | | |
| (Street) Purchase NY 10577 | | | | 5. If Amendment, Date of Original
(Month/Day/Year) | | | 7. Individual or Joint/Group
Filing (Check Applicable Line) x Form filed by One Reporting Person o 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. Trans- action Date (Month/ Day/ Year ) | 2A. Deemed Execution Date, if any (Month/ Day/Year) | 3. Trans- action 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. Owner- ship Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) |
| | | | Code | V | Amount | (A) or (D) | Price | | |
| PepsiCo, Inc. Common Stock | | | | | | | 3,755.72 (1) | I | By 401(k) |

FORM 4 (continued)

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. Conver- sion or Exercise Price of Derivative Security	3. Trans- action Date (Month/ Day/Year)	4. Trans- action Code (Instr. 8)		5. Number of Derivative Securites 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 Trans- action(s) (Instr. 4)	10. Owner- ship Form of Derivative Securities: Direct(D) or Indirect(I) (Instr. 4)
			Code	V	(A)	(D)	Date Excer- cisable	Expira- tion Date	Title	Amount or Number of
Shares
Employee Stock Option (right to buy)	$39.75	2/1/2003	A		186,932.00		02/01/06	01/31/13	PepsiCo, Inc. Common Stock	186,932.00		186,932.00	D
Phantom Stock Units	1-for-1	1/2/2003	A	V	143.94 (2)		Immediately	(3)	PepsiCo, Inc. Common Stock	143.94	$43.10	42,046.54	D

Explanation of Responses: 1. Shares held in PepsiCo Common Stock Fund reflect unit accounting. To provide liquidity in this fund, a portion of these units, which varies daily but averages approx. 3%, represents cash. Information reflects share value on 12/27/02. 2. This amount relates to dividends credited to the reporting person's phantom stock account. 3. The phantom stock units will be settled in cash installments on 1/1/12, 1/1/13 and 1/1/14, pursuant to elections made by the reporting person.

/s/ Gary M. Rodkin	February 3, 2003
Gary M. Rodkin ** Signature of Reporting Person	Date

| Reminder: | Report on a separate line for each class
of securities beneficially owned directly or indirectly. |
| --- | --- |
| * | 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). |
| Note: | File three copies of this Form, one of which must be manually
signed. If space is insufficient, see Instruction 6 for procedure. |