Accession Number: | 0001209191-19-016652 |
Date: | 2019-03-01 |
Issuer: | PEPSICO INC (PEP) |
Original Submission Date: |
NARASIMHAN LAXMAN
PEPSICO, INC., 700 ANDERSON HILL ROAD
PURCHASE, NY 10577
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
PEPSICO, INC. COMMON STOCK | 2019-03-01 | A | 28,946 | a | $0.00 | 159,081 | direct | ||
PEPSICO, INC. COMMON STOCK | 2019-03-01 | A | 16,213 | a | $0.00 | 175,294 | direct | ||
PEPSICO, INC. COMMON STOCK | 2019-03-01 | F | 19,175 | d | $115.80 | 156,119 | direct | ||
PEPSICO, INC. COMMON STOCK | 2019-03-01 | F | 16,631 | d | $115.80 | 139,488 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|
ID | footnote |
---|---|
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, 2022 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 175% 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 2016, 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 | this number represents shares of pepsico common stock withheld to satisfy the tax withholding obligation due upon vesting of restricted stock units. |