Marie T. Gallagher - Mar 1, 2023 Form 4 Insider Report for PEPSICO INC (PEP)

Role
SVP and Controller
Signature
/s/ Cynthia A. Nastanski, Attorney-in-Fact
Stock symbol
PEP
Transactions as of
Mar 1, 2023
Transactions value $
-$928,244
Form type
4
Date filed
3/3/2023, 03:55 PM
Previous filing
Oct 28, 2022
Next filing
May 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEP PepsiCo, Inc. Common Stock Award $0 +7.45K +18.08% $0.00 48.6K Mar 1, 2023 Direct F1
transaction PEP PepsiCo, Inc. Common Stock Award $0 +2.21K +4.54% $0.00 50.9K Mar 1, 2023 Direct F2
transaction PEP PepsiCo, Inc. Common Stock Tax liability -$385K -2.26K -4.44% $170.79 48.6K Mar 1, 2023 Direct F3
transaction PEP PepsiCo, Inc. Common Stock Tax liability -$543K -3.18K -6.54% $170.79 45.4K Mar 1, 2023 Direct F4
holding PEP PepsiCo, Inc. Common Stock 339 Mar 1, 2023 by 401(k) F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This number represents the restricted stock units ("RSUs") granted as a portion of the reporting person's compensation from PepsiCo, Inc. These RSUs will vest on March 1, 2024, subject to earlier vesting upon retirement. RSUs are calculated on a one-for-one share basis.
F2 This number represents the shares of PepsiCo Common Stock acquired upon vesting of additional performance-based restricted stock units ("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.
F4 This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of RSUs.
F5 Reflects the number of shares held under the reporting person's account in the PepsiCo Savings Plan as of March 1, 2023.