PEPSICO INC — Director's Dealing 2014

Oct 31, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEPSICO INC (PEP)
CIK: 0000077476
Period of Report: 2014-10-29

Reporting Person: Ibarguen Alberto (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-10-29	PepsiCo, Inc. Common Stock	M	3524	$56.75	Acquired	30056.0636	Direct
2014-10-29	PepsiCo, Inc. Common Stock	M	3064	$65.25	Acquired	33120.0636	Direct
2014-10-29	PepsiCo, Inc. Common Stock	S	6588	$94.4417	Disposed	26532.0636	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-10-29	Employee Stock Option (right to buy)	$56.75	M	3524	Disposed	2015-09-30	PepsiCo, Inc. Common Stock (3524)	Direct
2014-10-29	Employee Stock Option (right to buy)	$65.25	M	3064	Disposed	2016-09-30	PepsiCo, Inc. Common Stock (3064)	Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $94.44 and $94.455, a portion of which were sold to cover option costs and broker commissions. Upon request, the reporting person will provide to the Securities and Exchange Commission staff, the Company, or a security holder of the Company, full information regarding the number of shares sold at each separate price.