Chairman and CEO Laguarta Ramon sold $4,677,610 worth of PepsiCo (27,945 units at $167.39), was granted 112,260 units of PepsiCo, returned 6,940 units of PepsiCo to the company and covered exercise/tax liability with 24,940 units of PepsiCo, increasing direct ownership by 11% to 521,645 units (SEC Form 4)