SEC Form 4 · accession 0001209191-16-118197
PEPSICO INC · PEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vivek Sankaran
Officer — Pres. & COO, FLNA
Period of report
May 4, 2016
Accepted (ET)
May 6, 2016 · 5:50 pm 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 StockF1 | May 4, 2016 | A | 5,236 | $0.00 | A | 54,802 | D | |
| PepsiCo, Inc. Common StockF2 | holding | — | — | — | 1,767 | I | 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This number represents 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.
- F2Reflects the number of shares held under the reporting person's account in the PepsiCo Savings Plan as of May 4, 2016.