Ramkumar Krishnan - May 10, 2022 Form 4 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
May 10, 2022
Transactions value $
-$220,332
Form type
4
Date filed
5/12/2022, 04:23 PM
Previous filing
Apr 5, 2022
Next filing
Jul 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEP PepsiCo, Inc. Common Stock Options Exercise $600K +6.72K +12.65% $89.25 59.9K May 10, 2022 Direct
transaction PEP PepsiCo, Inc. Common Stock Sale -$823K -4.79K -8% $171.76 55.1K May 10, 2022 Direct F1
holding PEP PepsiCo, Inc. Common Stock 3.25K May 10, 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
transaction PEP Employee Stock Option (right to buy) Options Exercise $0 -6.72K -100% $0.00* 0 May 10, 2022 PepsiCo, Inc. Common Stock 6.72K $89.25 Direct
transaction PEP Phantom Stock Units Award $2.37K +14.2 +0.59% $167.38 2.41K May 10, 2022 PepsiCo, Inc. Common Stock 14.2 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares with respect to this transaction were sold at prices ranging from $171.470 to $171.895 to cover option costs and taxes. Upon request, the reporting person will provide to the Securities and Exchange Commission staff, the Company, or a security holder of the Company, full information regarding the number of shares sold at each separate price.
F2 These phantom units are held under the PepsiCo Executive Income Deferral Program ("EID") and convert to shares of PepsiCo Common Stock on a one-for-one basis.
F3 This amount relates to dividends credited to the reporting person's phantom stock account on March 31, 2022 pursuant to the EID, at a price of $167.38.
F4 This security is payable pursuant to the reporting person's election and the terms of the EID.