SEC Form 4 · accession 0001209191-16-105712
PEPSICO INC · PEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tony West
Officer — EVP Gov Affairs GC & Corp Sec.
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 6:26 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, 2016 | A | 14,704 | $0.00 | A | 38,901 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This 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, 2019 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.