Paula Santilli - Mar 1, 2025 Form 4 Insider Report for PEPSICO INC (PEP)

Role
CEO, Latin America Foods
Signature
/s/ Cynthia A. Nastanski, Attorney-in-Fact
Stock symbol
PEP
Transactions as of
Mar 1, 2025
Transactions value $
-$980,458
Form type
4
Date filed
3/4/2025, 04:04 PM
Previous filing
Mar 3, 2025
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 Award $0 +10.7K +12.3% $0.00 98K Mar 1, 2025 Direct F1
transaction PEP PepsiCo, Inc. Common Stock Award $0 +9.11K +9.3% $0.00 107K Mar 1, 2025 Direct F2
transaction PEP PepsiCo, Inc. Common Stock Tax liability -$980K -6.38K -5.96% $153.73 101K Mar 1, 2025 Direct F3
* 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.