Narasimhan Laxman 4
4 · PEPSICO INC · Filed Mar 5, 2018
Insider Transaction Report
Form 4
PEPSICO INCPEP
Narasimhan Laxman
CEO, Latin America Foods
Transactions
- Tax Payment
PepsiCo, Inc. Common Stock
2018-03-01$108.56/sh−7,267$788,909→ 135,635 total - Award
PepsiCo, Inc. Common Stock
2018-03-01+28,448→ 140,967 total - Award
PepsiCo, Inc. Common Stock
2018-03-01+1,935→ 142,902 total
Footnotes (3)
- [F1]This 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, 2021 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.
- [F2]This number represents the shares of PepsiCo Common Stock acquired upon vesting of additional PepsiCo Equity Performance Units ("PEPunits") granted in March 2015, as a result of exceeding pre-established performance targets.
- [F3]This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PEPunits.