Hugh F. Johnston - Nov 10, 2023 Form 4 Insider Report for PEPSICO INC (PEP)

Role
Vice Chairman, EVP & CFO
Signature
/s/ Cynthia A. Nastanski, Attorney-in-Fact
Stock symbol
PEP
Transactions as of
Nov 10, 2023
Transactions value $
-$8,064,067
Form type
4
Date filed
11/14/2023, 04:13 PM
Previous filing
Sep 15, 2023
Next filing
Dec 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEP PepsiCo, Inc. Common Stock Sale -$3.13M -18.8K -12.08% $166.62 137K Nov 10, 2023 Direct F1
transaction PEP PepsiCo, Inc. Common Stock Sale -$4.93M -29.6K -23.44% $166.68 96.6K Nov 10, 2023 Direct F2, F3
holding PEP PepsiCo, Inc. Common Stock 305 Nov 10, 2023 by 401(k) F4

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 Phantom Stock Units Award +430 +2.14% 20.5K Nov 10, 2023 PepsiCo, Inc. Common Stock 430 Direct F5, F6, F7
* 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 $166.5000 to $166.6845. 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 price.
F2 The shares with respect to this transaction were sold at prices ranging from $166.6500 to $166.7800. 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 price.
F3 Amount of securities beneficially owned following reported transaction reflects the transfer of the pecuniary interest in certain shares in a transaction exempt from Section 16 pursuant to Rule 16a-12.
F4 Reflects the number of shares held under the reporting person's account in the PepsiCo Savings Plan as of November 10, 2023.
F5 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.
F6 This amount relates to dividends credited to the reporting person's phantom stock account on various dates between March 2, 2023 and November 10, 2023 pursuant to the EID, at a price of $169.44 to $185.22.
F7 This security is payable pursuant to the reporting person's election and the terms of the EID.