Ramon Laguarta - Mar 1, 2025 Form 4 Insider Report for PEPSICO INC (PEP)

Signature
/s/ Cynthia A. Nastanski, Attorney-in-Fact
Stock symbol
PEP
Transactions as of
Mar 1, 2025
Transactions value $
-$16,249,879
Form type
4
Date filed
3/4/2025, 04:04 PM
Previous filing
Jan 29, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEP PepsiCo, Inc. Common Stock Award $0 +75.1K +17.01% $0.00 517K Mar 1, 2025 Direct F1
transaction PEP PepsiCo, Inc. Common Stock Award $0 +57.7K +11.16% $0.00 575K Mar 1, 2025 Direct F2
transaction PEP PepsiCo, Inc. Common Stock Tax liability -$8.5M -55.3K -9.63% $153.73 519K Mar 1, 2025 Direct F3
transaction PEP PepsiCo, Inc. Common Stock Sale -$7.74M -50K -9.63% $154.90 469K Mar 3, 2025 Direct F4
* 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 $154.7500 to $155.2450. 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.