Steven C. Williams - Mar 1, 2025 Form 4 Insider Report for PEPSICO INC (PEP)

Role
CEO, North America
Signature
/s/ Cynthia A. Nastanski, Attorney-in-Fact
Stock symbol
PEP
Transactions as of
Mar 1, 2025
Transactions value $
-$4,306,246
Form type
4
Date filed
3/4/2025, 04:05 PM
Previous filing
Mar 5, 2024
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 +24.7K +22.09% $0.00 136K Mar 1, 2025 Direct F1
transaction PEP PepsiCo, Inc. Common Stock Award $0 +14.2K +10.39% $0.00 151K Mar 1, 2025 Direct F2
transaction PEP PepsiCo, Inc. Common Stock Tax liability -$1.59M -10.4K -6.88% $153.73 140K Mar 1, 2025 Direct F3
transaction PEP PepsiCo, Inc. Common Stock Sale -$2.71M -18K -12.82% $150.89 122K Mar 3, 2025 Direct F4
holding PEP PepsiCo, Inc. Common Stock 414 Mar 1, 2025 by 401(k) F5
* 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 $150.5500 to $151.3750. 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 Reflects the number of shares held under the reporting person's account in the PepsiCo Savings Plan as of February 28, 2025. Since the reporting person's holdings in the PepsiCo Savings Plan were last reported on a Form 4, the reporting person has acquired 13.5298 shares under the plan.