AI assistant
PEPSICO INC — Director's Dealing 2023
Jun 5, 2023
29792_dirs_2023-06-05_b230f451-ed45-452d-96dd-faf673de7f7f.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: 2023-06-01
Reporting Person: Schmitt Becky (EVP & Chief HR Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-01 | PepsiCo, Inc. Common Stock | A | 5502 | $0.00 | Acquired | 5502 | Direct |
| 2023-06-01 | PepsiCo, Inc. Common Stock | A | 9442 | $0.00 | Acquired | 14944 | Direct |
Footnotes
F1: This number represents the restricted stock units ("RSUs") granted as a portion of the reporting person's compensation from PepsiCo, Inc. These RSUs vest at various dates through June 1, 2025. 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.
F2: 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, 2026 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.