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PEPSICO INC — Director's Dealing 2018
Mar 5, 2018
29792_dirs_2018-03-05_7452889b-da11-4f1e-9519-9f03471b3ce2.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: 2018-03-01
Reporting Person: Popovici Silviu (President, ESSA)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-01 | PepsiCo, Inc. Common Stock | A | 17448 | $0.00 | Acquired | 57454 | Direct |
| 2018-03-01 | PepsiCo, Inc. Common Stock | A | 13793 | $0.00 | Acquired | 71247 | Direct |
| 2018-03-01 | PepsiCo, Inc. Common Stock | A | 1304 | $0.00 | Acquired | 72551 | Direct |
| 2018-03-01 | PepsiCo, Inc. Common Stock | F | 518 | $108.5605 | Disposed | 72033 | Direct |
| 2018-03-01 | PepsiCo, Inc. Common Stock | F | 887 | $108.5605 | Disposed | 71146 | Direct |
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, 2021 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 PSUs granted to the reporting person by PepsiCo, Inc. These PSUs will become vested on March 1, 2021 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 125% of the PSUs granted, depending on the performance level achieved.
F3: This number represents the shares of PepsiCo Common Stock acquired upon vesting of additional PSUs granted in March 2015, 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 restricted stock units.