Form 4 for PEP PepsiCo
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0001209191-23-015666 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-03 | 2023-03-01 | PEP | Johnston Hugh F | EVP, CFO, Vice COB | A - Grant | $0.00 | +62.2K | 190.6K | +48% | $0 |
| D | 2023-03-03 | 2023-03-01 | PEP | Johnston Hugh F | EVP, CFO, Vice COB | F - Tax | $170.79 | -34.9K | 155.6K | -18% | -$5.97M |
| D | 2023-03-03 | 2023-03-01 | PEP | Johnston Hugh F | EVP, CFO, Vice COB | A - Grant | — | +136.63 | 20.1K | +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 | 2023-03-01 | A | A | 27,018 | $0.00 | 155,350 | 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, 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. |
| 2 | Common | PepsiCo, Inc. Common Stock | 2023-03-01 | F | D | 34,927 | $170.79 | 155,623 | 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 | 2023-03-01 | A | A | 35,200 | $0.00 | 190,550 | D | — | — | (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. |
| 4 | Derivative | Phantom Stock Units | 2023-03-01 | A | A | 136.63 | — | 20,080.12 | D | — · — to — | 136.63 PepsiCo, Inc. Common Stock | (F6) This amount relates to dividends credited to the reporting person's phantom stock account between October 25, 2022 and March 1, 2023 pursuant to the EID, at a price of $181.10. (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. |