PEPSICO INC — Director's Dealing 2011

Oct 27, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEPSICO INC (PEP)
CIK: 0000077476
Period of Report: 2011-10-24

Reporting Person: Greco Thomas (President, FLNA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-24	PepsiCo, Inc. Common Stock	M	1373	$50.00	Acquired	69210	Direct
2011-10-24	PepsiCo, Inc. Common Stock	S	1222	$62.0146	Disposed	67988	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-24	Employee Stock Option (right to buy)	$50.00	M	1373	Disposed	2012-01-31	PepsiCo, Inc. Common Stock (1373)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
PepsiCo, Inc. Common Stock	482.5038	Indirect

Footnotes

F1: A portion of the proceeds was used to cover option costs, taxes and broker commissions. The net shares continue to be held in furtherance of PepsiCo's Stock Ownership Guidelines.

F2: Reflects number of shares held under the reporting person's account in the PepsiCo Savings Plan as of October 24, 2011.