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PEPSICO INC — Director's Dealing 2024
Mar 5, 2024
29792_dirs_2024-03-05_ab7f83a2-2dd2-40dd-ad2c-f0a79cc1fe25.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: 2024-03-01
Reporting Person: Santilli Paula (CEO, Latin America)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-01 | PepsiCo, Inc. Common Stock | A | 10046 | — | Acquired | 83840 | Direct |
| 2024-03-01 | PepsiCo, Inc. Common Stock | A | 11314 | — | Acquired | 95154 | Direct |
| 2024-03-01 | PepsiCo, Inc. Common Stock | F | 7920 | $164.125 | Disposed | 87234 | 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, 2027 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 2021, 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.