SEC Form 4 · accession 0001209191-17-013425
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
Feb 17, 2007
Accepted (ET)
Feb 22, 2017 · 5:24 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 Stock | Feb 17, 2017 | M | 374,899 | $68.75 | A | 720,497 | D | |
| PepsiCo, Inc. Common StockF1 | Feb 17, 2017 | S | 374,899 | $107.6284 | D | 345,598 | D | |
| PepsiCo, Inc. Common StockF2 | holding | — | — | — | 8,298 | I | by 401(k) | |
| PepsiCo, Inc. Common Stock | holding | — | — | — | 250,000 | I | By GRAT I | |
| PepsiCo, Inc. Common Stock | holding | — | — | — | 200,000 | I | By GRAT II |
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) | $68.75 | Feb 17, 2017 | M | 374,899 | D | Feb 1, 2011 | Jan 31, 2018 | PepsiCo, Inc. Common Stock | 374,899 | 0 | D |
Explanation of responses
- F1The shares with respect to this transaction were sold at prices ranging from $107.23 and $108.18, 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 initialy granted in 2008, became fully vested on February 1, 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 February 17, 2017.