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PEPSICO INC — Director's Dealing 2017
Mar 3, 2017
29792_dirs_2017-03-03_fee00530-f059-4f72-8377-bafa00c6efb1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PEPSICO INC (PEP)
CIK: 0000077476
Period of Report: 2017-03-01
Reporting Person: Sankaran Vivek (Pres. & COO, FLNA)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-01 | PepsiCo, Inc. Common Stock | A | 18793 | $0.00 | Acquired | 73595 | Direct |
| 2017-03-01 | PepsiCo, Inc. Common Stock | A | 1893 | $0.00 | Acquired | 75488 | Direct |
| 2017-03-01 | PepsiCo, Inc. Common Stock | F | 1272 | $109.745 | Disposed | 74216 | Direct |
| 2017-03-01 | PepsiCo, Inc. Common Stock | F | 1311 | $109.745 | Disposed | 72905 | Direct |
| 2017-03-03 | PepsiCo, Inc. Common Stock | S | 2000 | $110.2219 | Disposed | 70905 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| PepsiCo, Inc. Common Stock | 1803.9132 | Indirect |
Footnotes
F1: This number represents the performance-based restricted stock units ("PSUs") granted as a portion of the reporting person's compensation from PepsiCo, Inc. These PSUs will become vested on March 1, 2020 contingent upon the achievement of pre-established performance targets over a three-year performance period and Compensation Committee approval. The reporting person may receive a number of shares of PepsiCo Common Stock from 0% to 175% of the PSUs granted, depending on the performance level achieved.
F2: This number represents the shares of PepsiCo Common Stock acquired upon vesting of additional PSUs granted in March 2014, as a result of exceeding pre-established performance targets.
F3: This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PSUs.
F4: This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of restricted stock units.
F5: Reflects the number of shares held under the reporting person's account in the PepsiCo Savings Plan as of March 1, 2017.