Narasimhan Laxman 4
4 · PEPSICO INC · Filed Mar 5, 2019
Insider Transaction Report
Form 4
PEPSICO INCPEP
Narasimhan Laxman
CEO, Latin America Foods
Transactions
- Award
PepsiCo, Inc. Common Stock
2019-03-01+28,946→ 159,081 total - Award
PepsiCo, Inc. Common Stock
2019-03-01+16,213→ 175,294 total - Tax Payment
PepsiCo, Inc. Common Stock
2019-03-01$115.80/sh−19,175$2,220,465→ 156,119 total - Tax Payment
PepsiCo, Inc. Common Stock
2019-03-01$115.80/sh−16,631$1,925,870→ 139,488 total
Footnotes (4)
- [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, 2022 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 PSUs granted in March 2016, 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 PSUs.
- [F4]This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of restricted stock units.