David Flavell - 01 Mar 2025 Form 4 Insider Report for PEPSICO INC (PEP)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PEP	PepsiCo, Inc. Common Stock	Award	$0	+12,470	+34%	$0.000000	48,734	01 Mar 2025	Direct	F1
transaction	PEP	PepsiCo, Inc. Common Stock	Award	$0	+6,074	+12%	$0.000000	54,808	01 Mar 2025	Direct	F2
transaction	PEP	PepsiCo, Inc. Common Stock	Tax liability	$805,826	-5,242	-9.6%	$153.72	49,566	01 Mar 2025	Direct	F3
transaction	PEP	PepsiCo, Inc. Common Stock	Sale	$1,042,144	-6,906	-14%	$150.90	42,660	03 Mar 2025	Direct	F4

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

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 $150.5000 to $151.2900. 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.