Flavell David 4
4 · PEPSICO INC · Filed Mar 5, 2024
Insider Transaction Report
Form 4
PEPSICO INCPEP
Flavell David
EVP, Gen Counsel & Corp Sec
Transactions
- Award
PepsiCo, Inc. Common Stock
2024-03-01+9,142→ 42,066 total - Award
PepsiCo, Inc. Common Stock
2024-03-01+6,286→ 48,352 total - Tax Payment
PepsiCo, Inc. Common Stock
2024-03-01$164.13/sh−5,460$896,123→ 42,892 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, 2027 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.
- [F2]This number represents the shares of PepsiCo Common Stock acquired upon vesting of additional PSUs granted in March 2021, 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.