David Flavell - 01 Mar 2023 Form 4 Insider Report for PEPSICO INC (PEP)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PEP	PepsiCo, Inc. Common Stock	Award	$0	+6,754	+24%	$0.000000	35,029	01 Mar 2023	Direct	F1
transaction	PEP	PepsiCo, Inc. Common Stock	Award	$0	+1,933	+5.5%	$0.000000	36,962	01 Mar 2023	Direct	F2
transaction	PEP	PepsiCo, Inc. Common Stock	Tax liability	$356,097	-2,085	-5.6%	$170.79	34,877	01 Mar 2023	Direct	F3
transaction	PEP	PepsiCo, Inc. Common Stock	Tax liability	$333,553	-1,953	-5.6%	$170.79	32,924	01 Mar 2023	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
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 restricted stock units.
F4	This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PSUs.