Form 4 for PEP PepsiCo
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0001628280-24-008886 · 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 | 2024-03-05 | 2024-03-01 | PEP | Krishnan Ramkumar | CEO, PBNA | F - Tax | $164.13 | -14.0K | 64.1K | -18% | -$2.30M |
| DM | 2024-03-05 | 2024-03-01 | PEP | Krishnan Ramkumar | CEO, PBNA | A - Grant | $0.00 | +29.1K | 63.1K | +86% | $0 |
| D | 2024-03-05 | 2024-03-01 | PEP | Krishnan Ramkumar | CEO, PBNA | A - Grant | — | +71.40 | 2,529 | +3% | — |
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 | 2024-03-01 | F | D | 14,014 | $164.13 | 64,136 | D | — | — | (F3) This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PSUs. |
| 2 | Common | PepsiCo, Inc. Common Stock | 2024-03-01 | A | A | 15,086 | $0.00 | 78,150 | D | — | — | (F2) This number represents the shares of PepsiCo Common Stock acquired upon vesting of additional PSUs granted in March 2021, as a result of exceeding pre-established performance targets. |
| 3 | Common | PepsiCo, Inc. Common Stock | 2024-03-01 | A | A | 14,064 | $0.00 | 63,064 | 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, 2027 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. |
| 4 | Derivative | Phantom Stock Holding | 2024-03-01 | A | A | 71.40 | — | 2,528.87 | D | — · — to — | 71.40 PepsiCo, Inc. Common Stock | (F5) This amount relates to dividends credited to the reporting person's phantom stock account between March 2, 2023 and March 1, 2024 pursuant to the EID, at prices ranging from $ 168.94 to $185.22. (F4) 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 security is payable pursuant to the reporting person's election and the terms of the EID. |