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PEPSICO INC — Director's Dealing 2013
Mar 5, 2013
29792_dirs_2013-03-05_48460f2e-cb3c-4e0b-8ee5-82f774a194d8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PEPSICO INC (PEP)
CIK: 0000077476
Period of Report: 2013-03-01
Reporting Person: Gallagher Marie T. (SVP and Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-03-01 | PepsiCo, Inc. Common Stock | A | 3036 | $0.00 | Acquired | 26365 | Direct |
| 2013-03-01 | PepsiCo, Inc. Common Stock | A | 9109 | $0.00 | Acquired | 35474 | Direct |
| 2013-03-01 | PepsiCo, Inc. Common Stock | M | 6300 | $53.00 | Acquired | 41774 | Direct |
| 2013-03-01 | PepsiCo, Inc. Common Stock | S | 6300 | $75.8542 | Disposed | 35474 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-03-01 | Employee Stock Option (right to buy) | $53.00 | M | 6300 | Disposed | 2015-01-31 | PepsiCo, Inc. Common Stock (6300) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| PepsiCo, Inc. Common Stock | 257.3664 | Indirect |
Footnotes
F1: This number represents the performance-based restricted stock units ("PSUs") granted to the reporting person as a portion of her compensation from PepsiCo, Inc. These PSUs will become vested on March 1, 2016 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 150% of the PSUs granted, depending on the performance level achieved.
F2: This number represents the restricted stock units ("RSUs") granted to the reporting person as a portion of her compensation for serving as an officer of PepsiCo, Inc. These RSUs are subject to a three-year vesting period. 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.
F3: The shares with respect to this transaction were sold at prices ranging from $75.85 and $75.86, 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.
F4: Reflects the number of shares held under the reporting person's account in the PepsiCo Savings Plan as of March 1, 2013.