Kirk Tanner - 01 Mar 2023 Form 4 Insider Report for PEPSICO INC (PEP)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Mar 2023, 16:18:16 UTC
Prior SEC filing
19 May 2022
Next SEC filing
12 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Cynthia A. Nastanski, Attorney-in-Fact

Key filing fact

Kirk Tanner filed Form 4 for PEPSICO INC (PEP) on 03 Mar 2023.

Key facts

  • This page summarizes Kirk Tanner's Form 4 filing for PEPSICO INC (PEP).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 03 Mar 2023, 16:18.

Change

  • Previous filing in this sequence was filed on 19 May 2022.
  • Current net transaction value: -$3,654,564.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PEP transaction

PepsiCo, Inc. Common Stock

Award

Transaction value
$0
Shares
+15,439
Change %
+17%
Price
$0.000000
Shares after
105,730
Date
01 Mar 2023
Ownership
Direct
Footnotes
F1
PEP transaction

PepsiCo, Inc. Common Stock

Award

Transaction value
$0
Shares
+22,629
Change %
+21%
Price
$0.000000
Shares after
128,359
Date
01 Mar 2023
Ownership
Direct
Footnotes
F2
PEP transaction

PepsiCo, Inc. Common Stock

Tax liability

Transaction value
$3,654,564
Shares
-21,398
Change %
-17%
Price
$170.79
Shares after
106,961
Date
01 Mar 2023
Ownership
Direct
Footnotes
F3
PEP holding

PepsiCo, Inc. Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
580
Date
01 Mar 2023
Ownership
By 401(k)
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote 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.

Footnote F3

This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PSUs.

Footnote F4

Reflects the number of shares held under the reporting person's account in the PepsiCo Savings Plan as of March 1, 2023.

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