Ramkumar Krishnan - Jan 1, 2022 Form 3 Insider Report for PEPSICO INC (PEP)

Role
CEO Intl Beverages & CCO
Signature
/s/ Cynthia A. Nastanski, Attorney-in-Fact
Stock symbol
PEP
Transactions as of
Jan 1, 2022
Transactions value $
$0
Form type
3
Date filed
1/11/2022, 03:28 PM
Previous filing
May 7, 2021
Next filing
Jan 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PEP PepsiCo, Inc. Common Stock 43.9K Jan 1, 2022 Direct F1
holding PEP PepsiCo, Inc. Common Stock 3.25K Jan 1, 2022 By Revocable Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding PEP Employee Stock Option (right to buy) Jan 1, 2022 PepsiCo, Inc. Common Stock 6.72K $89.25 Direct
holding PEP Phantom Stock Units Jan 1, 2022 PepsiCo, Inc. Common Stock 2.38K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This number includes 1) 3,879 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 on March 1, 2022; vesting of all RSUs is contingent upon the reporting person's continued employment with PEP); 2) 3,923 performance-based restricted stock units ("PSUs") granted in 2019, 15,086 PSUs granted in 2020 and 15,086 PSUs granted in 2021 as a portion of the reporting person's compensation from PEP (PSUs vest at various dates through March 1, 2024 contingent upon the achievement of pre-established performance targets over a 3-year performance period and Compensation Committee approval; the reporting person may receive a number of shares of PEP Common Stock from 0-175% of the 2019 PSUs and 0-200% of the 2020 and 2021 PSUs granted, depending on the performance level achieved); and 3) 5,898 shares of PEP Common Stock held in a personal brokerage account.
F2 This security is payable pursuant to the reporting person's election and the terms of the PepsiCo Executive Income Deferral Program (the "EID").
F3 Represents units under the EID, each of which is the economic equivalent of one share of PEP Common Stock.