PEPSICO INC (PEP) · Insider Trading (Form 4) SEC Filing
Statement of Changes in Beneficial Ownership
Transaction Details
Footnotes ▸
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, 2029 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 250% of the PSUs granted, depending on the performance level achieved.
Footnotes ▸
This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PSUs.
Footnotes ▸
This number represents the restricted stock units ("RSUs") granted as a portion of the reporting person's compensation from PepsiCo. These RSUs vest ratably over a three-year vesting period beginning on the first anniversary of the grant date contingent upon the reporting person's satisfaction of conditions in the applicable award agreement. RSUs are calculated on a one-for-one share basis.
Footnotes ▸
This number represents the PSUs granted in March 2023 that were canceled at the end of the performance period because the applicable performance targets were not met.
Post-Transaction Holdings
| Security | Shares | Change |
|---|---|---|
| PepsiCo, Inc. Common Stock | 101.22K | +40.91K (67.83%) |