Eugene Willemsen - 01 Mar 2025 Form 4 Insider Report for PEPSICO INC (PEP)

Signature
/s/ Cynthia A. Nastanski, Attorney-in-Fact
Issuer symbol
PEP
Transactions as of
01 Mar 2025
Net transactions value
-$2,715,769
Form type
4
Filing time
04 Mar 2025, 16:04:00 UTC
Previous filing
08 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEP PepsiCo, Inc. Common Stock Award $0 +13,415 +49% $0.000000 40,540 01 Mar 2025 Direct F1
transaction PEP PepsiCo, Inc. Common Stock Award $0 +7,592 +19% $0.000000 48,132 01 Mar 2025 Direct F2
transaction PEP PepsiCo, Inc. Common Stock Tax liability $1,172,461 -7,627 -16% $153.72 40,505 01 Mar 2025 Direct F3
transaction PEP PepsiCo, Inc. Common Stock Sale $1,543,308 -10,000 -39% $154.33 15,487 03 Mar 2025 By Non-U.S. Company F4
transaction PEP PepsiCo, Inc. Common Stock Gift $0 -7,557 -19% $0.000000 32,948 04 Mar 2025 Direct F5
transaction PEP PepsiCo, Inc. Common Stock Gift $0 +7,557 +49% $0.000000 23,044 04 Mar 2025 By Non-U.S. Company
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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, 2028 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.
F2 This number represents the shares of PepsiCo Common Stock acquired upon vesting of additional PSUs granted in March 2022, as a result of exceeding pre-established performance targets.
F3 This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PSUs.
F4 The shares with respect to this transaction were sold at prices ranging from $154.2000 to $154.5800. Upon request, the reporting person will provide to the Securities and Exchange Commission staff, the Company, or a security holder of the Company, full information regarding the number of shares sold at each separate price.
F5 Gift of securities by the reporting person to a non-U.S. Company