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PEPSICO INC — Director's Dealing 2021
Mar 3, 2021
29792_dirs_2021-03-03_0923f7b8-7513-4b7f-a673-56f701a22be2.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: PEPSICO INC (PEP)
CIK: 0000077476
Period of Report: 2021-03-01
Reporting Person: Flavell David (EVP, Gen Counsel & Corp Sec)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| PepsiCo, Inc. Common Stock | 29207 | Direct |
Footnotes
F1: This number includes 1) 15,606 restricted stock units ("RSUs") granted as a portion of the reporting person's compensation from PepsiCo, Inc. ("PEP") (RSUs are calculated on a one unit for one share basis; RSUs vest at various dates through Mar. 1, 2023; vesting of all RSUs is contingent upon the reporting person's continued employment with PEP); 2) 1,609 performance based-restricted stock units ("PSUs") granted in 2018, 1,659 PSUs granted in 2019 & 1,933 PSUs granted in 2020 as a portion of the reporting person's compensation from PEP (PSUs vest at various dates through Mar. 1, 2023 contingent upon the achievement of pre-established performance targets over a 3-year performance period & Compensation Committee approval; the reporting person may receive a number of shares of PEP Common Stock from 0-175% of the 2018 & 2019 PSUs granted & 0-200% of the 2020 PSUs granted, depending on the performance level achieved); and 3) 8,400 shares of PEP Common Stock held in a personal brokerage acct