PEPSICO INC — Director's Dealing 2010

Jul 26, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEPSICO INC (PEP)
CIK: 0000077476
Period of Report: 2010-07-22

Reporting Person: ROCKEFELLER SHARON PERCY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-07-22	PepsiCo, Inc. Common Stock	M	3871	$46.50	Acquired	54099.77	Direct
2010-07-22	PepsiCo, Inc. Common Stock	S	2791	$64.5649	Disposed	51308.77	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-07-22	Employee Stock Option (right to buy)	$46.50	M	3871	Disposed	2010-09-30	PepsiCo, Inc. Common Stock (3871)	Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $64.56 and $64.5750 to cover option costs and broker commissions. The net shares continue to be held in furtherance of PepsiCo's Stock Ownership Guidelines. Upon request, PepsiCo, Inc. will provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.