Schmitt Becky 4
4 · PEPSICO INC · Filed Jun 5, 2023
Insider Transaction Report
Form 4
PEPSICO INCPEP
Schmitt Becky
EVP and Chief People Officer
Transactions
- Award
PepsiCo, Inc. Common Stock
2023-06-01+9,442→ 14,944 total - Award
PepsiCo, Inc. Common Stock
2023-06-01+5,502→ 5,502 total
Footnotes (2)
- [F1]This number represents the restricted stock units ("RSUs") granted as a portion of the reporting person's compensation from PepsiCo, Inc. These RSUs vest at various dates through June 1, 2025. RSUs are calculated on a one-for-one share basis. Vesting of all RSUs is contingent upon the reporting person's continued employment with the company.
- [F2]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, 2026 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 200% of the PSUs granted, depending on the performance level achieved.