SEC Form 4 · accession 0001209191-15-075147
PEPSICO INC · PEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Indra K Nooyi
Officer — Chairman and CEO · Director
Period of report
Oct 8, 2015
Accepted (ET)
Oct 13, 2015 · 8:17 am EDT
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 Stock | Oct 8, 2015 | M | 375,000 | $45.51 | A | 1,111,349 | D | |
| PepsiCo, Inc. Common StockF1 | Oct 8, 2015 | S | 375,000 | $98.5301 | D | 736,349 | D | |
| PepsiCo, Inc. Common StockF2 | holding | — | — | — | 7,551 | I | by 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $45.51 | Oct 8, 2015 | M | 375,000 | D | Jul 26, 2011 | Jul 25, 2016 | PepsiCo, Inc. Common Stock | 375,000 | 0 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold at prices ranging from $98.00 and $99.00, a portion of which were sold to cover option costs, taxes and broker commissions. 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. The options were initially granted in 2001, became fully vested on July 26, 2011, and have an expiration date within less than a year from the date of exercise.
- F2Reflects the number of shares held under the reporting person's account in the PepsiCo Savings Plan as of October 8, 2015.