SEC Form 4 · accession 0001209191-15-021479
PEPSICO INC · PEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marie T. Gallagher
Officer — SVP and Controller
Period of report
Mar 1, 2015
Accepted (ET)
Mar 3, 2015 · 5:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000077476
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| PepsiCo, Inc. Common StockF1 | Mar 1, 2015 | F | 8,513 | $99.17 | D | 36,860 | D | |
| PepsiCo, Inc. Common StockF2 | Mar 1, 2015 | A | 2,620 | $0.00 | A | 39,480 | D | |
| PepsiCo, Inc. Common StockF3 | Mar 1, 2015 | A | 7,859 | $0.00 | A | 47,339 | D | |
| PepsiCo, Inc. Common StockF4 | holding | — | — | — | 271 | I | by 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of restricted stock units.
- F2This number represents the performance-based restricted stock units ("PSUs") granted to the reporting person as a portion of her compensation from PepsiCo, Inc. These PSUs will become vested on March 1, 2018 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.
- F3This number represents the restricted stock units ("RSUs") granted to the reporting person as a portion of her compensation from PepsiCo, Inc. These RSUs are subject to a three-year vesting period. RSUs are calculated on a one-for-one share basis. Vesting of all RSUs is contingent upon the reporting person's continued employment with the company.
- F4Reflects the number of shares held under the reporting person's account in the PepsiCo Savings Plan as of February 27, 2015.