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PEPSICO INC — Director's Dealing 2017
Mar 3, 2017
29792_dirs_2017-03-03_3de545dc-2493-41cb-a3ee-5cf08248e84b.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: Gallagher Marie T. (SVP and Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-01 | PepsiCo, Inc. Common Stock | A | 2187 | $0.00 | Acquired | 45219 | Direct |
| 2017-03-01 | PepsiCo, Inc. Common Stock | A | 6560 | $0.00 | Acquired | 51779 | Direct |
| 2017-03-01 | PepsiCo, Inc. Common Stock | A | 2445 | $0.00 | Acquired | 54224 | Direct |
| 2017-03-01 | PepsiCo, Inc. Common Stock | F | 2935 | $109.745 | Disposed | 51289 | Direct |
| 2017-03-01 | PepsiCo, Inc. Common Stock | F | 4113 | $109.745 | Disposed | 47176 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| PepsiCo, Inc. Common Stock | 286.8096 | 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 restricted stock units ("RSUs") granted as a portion of the reporting person's compensation from PepsiCo, Inc. These RSUs are subject to a three-year vesting period. RSUs are calculated on a one-for-one share basis. Vesting of all RSUs is contingent upon the reporting person's continued employment with the company.
F3: 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.
F4: This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PSUs.
F5: This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of RSUs.
F6: Reflects the number of shares held under the reporting person's account in the PepsiCo Savings Plan as of March 1, 2017.