PEPSICO INC — Director's Dealing 2019

May 20, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEPSICO INC (PEP)
CIK: 0000077476
Period of Report: 2019-05-16

Reporting Person: Laguarta Ramon (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-16	PepsiCo, Inc. Common Stock	M	19066	$66.50	Acquired	232394	Direct
2019-05-16	PepsiCo, Inc. Common Stock	S	15431	$129.4308	Disposed	216963	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-16	Employee Stock Option (right to buy)	$66.50	M	19066	Disposed	2020-04-11	PepsiCo, Inc. Common Stock (19066)	Direct

Footnotes

F1: The shares with respect to this transaction were sold at prices ranging from $129.3923 and $129.4500, a portion of which were sold to cover option costs, taxes and broker commissions. The net shares continue to be held in furtherance of PepsiCo's Stock Ownership Guidelines. 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.