Form 4 for PEP PepsiCo
Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001209191-22-016000 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-03 | 2022-03-01 | PEP | Krishnan Ramkumar | CCO, CEO Intl Beverages | A - Grant | $0.00 | +12.1K | 56.0K | +28% | $0 |
| DM | 2022-03-03 | 2022-03-01 | PEP | Krishnan Ramkumar | CCO, CEO Intl Beverages | F - Tax | $162.85 | -2,365 | 53.2K | -4% | -$385.1K |
| D | 2022-03-03 | 2022-03-01 | PEP | Krishnan Ramkumar | CCO, CEO Intl Beverages | D - Sale to Iss | $0.00 | -491 | 55.5K | -0.9% | $0 |
| D | 2022-03-03 | 2022-03-01 | PEP | Krishnan Ramkumar | CCO, CEO Intl Beverages | A - Grant | — | +15.79 | 2,395 | +0.7% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | PepsiCo, Inc. Common Stock | 2022-03-01 | A | A | 12,147 | $0.00 | 56,019 | D | — | — | (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, 2025 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. |
| 2 | Common | PepsiCo, Inc. Common Stock | 2022-03-01 | F | D | 534 | $162.85 | 54,994 | D | — | — | (F3) This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PSUs. |
| 3 | Common | PepsiCo, Inc. Common Stock | 2022-03-01 | F | D | 1,831 | $162.85 | 53,163 | D | — | — | (F4) This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of restricted stock units. |
| 4 | Common | PepsiCo, Inc. Common Stock | 2022-03-01 | D | D | 491 | $0.00 | 55,528 | D | — | — | (F2) This number represents the PSUs granted in 2019 that were canceled at the end of the performance period because the applicable performance targets were not met. |
| 5 | Derivative | Phantom Stock Units | 2022-03-01 | A | A | 15.79 | — | 2,395.24 | D | — · — to — | 15.79 PepsiCo, Inc. Common Stock | (F6) This amount relates to dividends credited to the reporting person's phantom stock account on January 7, 2022 pursuant to the EID, at a price of $174.08. (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. (F7) This security is payable pursuant to the reporting person's election and the terms of the EID. |