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PEPSICO INC — Director's Dealing 2023
Mar 3, 2023
29792_dirs_2023-03-03_402dc1e0-1745-46d8-a835-6c503c62a157.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: 2023-03-01
Reporting Person: Santilli Paula (CEO, Latin America)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-01 | PepsiCo, Inc. Common Stock | A | 9649 | $0.00 | Acquired | 69646 | Direct |
| 2023-03-01 | PepsiCo, Inc. Common Stock | A | 13829 | $0.00 | Acquired | 83475 | Direct |
| 2023-03-01 | PepsiCo, Inc. Common Stock | F | 9681 | $170.79 | Disposed | 73794 | 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, 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.
F2: This number represents the shares of PepsiCo Common Stock acquired upon vesting of additional PSUs granted in March 2020, as a result of exceeding pre-established performance targets.
F3: This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PSUs.