Ramkumar Krishnan - 01 Jul 2022 Form 4 Insider Report for PEPSICO INC (PEP)

Role: CEO Intl Beverages & CCO
Signature: /s/ Cynthia A. Nastanski, Attorney-in-Fact
Issuer symbol: PEP
Transactions as of: 01 Jul 2022
Net transactions value: -$182,057
Form type: 4
Filing time: 06 Jul 2022, 16:49:54 UTC
Previous filing: 11 May 2022
Next filing: 01 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PEP	PepsiCo, Inc. Common Stock	Tax liability	$182,057	-1,086	-2%	$167.64	54,010	01 Jul 2022	Direct	F1
holding	PEP	PepsiCo, Inc. Common Stock						3,250	01 Jul 2022	By Revocable Trust

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		+16	+0.67%		2,426	01 Jul 2022	PepsiCo, Inc. Common Stock	16		Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of performance-based restricted stock units.
F2	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.
F3	This amount relates to dividends credited to the reporting person's phantom stock account on June 30, 2022 pursuant to the EID, at a price of $166.66.
F4	This security is payable pursuant to the reporting person's election and the terms of the EID.