PEPSICO INC — Director's Dealing 2017

Mar 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEPSICO INC (PEP)
CIK: 0000077476
Period of Report: 2017-03-01

Reporting Person: Khan Mehmood (Vice Chair,EVP,CSO,Global R&D)

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	115923.06	Direct
2017-03-01	PepsiCo, Inc. Common Stock	A	6395	$0.00	Acquired	122318.06	Direct
2017-03-01	PepsiCo, Inc. Common Stock	F	11441	$109.745	Disposed	110877.06	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
PepsiCo, Inc. Common Stock	193.7894	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 PepsiCo Equity Performance Units ("PEPunits") 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 PEPunits.

F4: Reflects the number of shares held under the reporting person's account in the PepsiCo Savings Plan as of March 1, 2017.