AI assistant
PEPSICO INC — Director's Dealing 2020
Mar 3, 2020
29792_dirs_2020-03-03_c4fcf76e-f864-4e53-a808-aa94a7ac3055.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PEPSICO INC (PEP)
CIK: 0000077476
Period of Report: 2020-03-01
Reporting Person: Gallagher Marie T. (SVP and Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-01 | PepsiCo, Inc. Common Stock | A | 2210 | $0.00 | Acquired | 57875 | Direct |
| 2020-03-01 | PepsiCo, Inc. Common Stock | A | 6629 | $0.00 | Acquired | 64504 | Direct |
| 2020-03-01 | PepsiCo, Inc. Common Stock | D | 534 | $0.00 | Disposed | 63970 | Direct |
| 2020-03-01 | PepsiCo, Inc. Common Stock | F | 752 | $131.05 | Disposed | 63218 | Direct |
| 2020-03-01 | PepsiCo, Inc. Common Stock | F | 2653 | $131.05 | Disposed | 60565 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| PepsiCo, Inc. Common Stock | 312.9186 | 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, 2023 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 200% 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.
F3: This number represents the PSUs granted in March 2017 that were canceled at the end of the performance period because the applicable performance targets were not met.
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 February 28, 2020.