Document
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 1, 2019 

PepsiCo, Inc.
(Exact name of registrant as specified in its charter)
North Carolina
 
1-1183
 
13-1584302
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification No.)
700 Anderson Hill Road, Purchase, New York
 
10577
(Address of principal executive offices)
 
(Zip Code)

Registrant’s telephone number, including area code: (914) 253-2000

N/A
(Former name or former address, if changed since last report)

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
Title of each class
 
Trading symbols
 
Name of each exchange on which registered
Common Stock, par value 1-2/3 cents per share
 
PEP
 
The Nasdaq Stock Market LLC
2.500% Senior Notes Due 2022
 
PEP22a
 
The Nasdaq Stock Market LLC
1.750% Senior Notes Due 2021
 
PEP21a
 
The Nasdaq Stock Market LLC
2.625% Senior Notes Due 2026
 
PEP26
 
The Nasdaq Stock Market LLC
0.875% Senior Notes Due 2028
 
PEP28
 
The Nasdaq Stock Market LLC
0.750% Senior Notes Due 2027
 
PEP27
 
The Nasdaq Stock Market LLC
1.125% Senior Notes Due 2031
 
PEP31
 
The Nasdaq Stock Market LLC
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: 
o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o





Item 5.07. Submission of Matters to a Vote of Security Holders. 
PepsiCo, Inc. (“PepsiCo”) held its 2019 Annual Meeting of Shareholders on May 1, 2019. For more information on the following proposals, see PepsiCo’s proxy statement for the 2019 Annual Meeting of Shareholders, filed with the Securities and Exchange Commission on March 22, 2019. Below are the final voting results.

(1) The following 13 persons were elected to serve as directors of PepsiCo:
Nominee
 
For
 
Against
 
Abstain
 
Broker Non-Votes
Shona L. Brown
 
985,151,739

 
16,059,723

 
2,656,748

 
233,644,848

Cesar Conde
 
996,297,572

 
4,482,440

 
3,088,198

 
233,644,848

Ian Cook
 
984,183,272

 
16,974,176

 
2,710,762

 
233,644,848

Dina Dublon
 
975,707,075

 
24,855,004

 
3,306,131

 
233,644,848

Richard W. Fisher
 
996,358,650

 
4,835,937

 
2,673,623

 
233,644,848

Michelle Gass
 
996,634,273

 
3,941,932

 
3,292,005

 
233,644,848

William R. Johnson
 
996,107,714

 
4,823,244

 
2,937,252

 
233,644,848

Ramon Laguarta
 
952,764,002

 
43,152,692

 
7,951,516

 
233,644,848

David C. Page, MD
 
989,048,736

 
12,128,248

 
2,691,226

 
233,644,848

Robert C. Pohlad
 
991,006,883

 
9,365,982

 
3,495,345

 
233,644,848

Daniel Vasella, MD
 
946,595,257

 
48,509,081

 
8,763,872

 
233,644,848

Darren Walker
 
993,409,451

 
7,758,384

 
2,700,375

 
233,644,848

Alberto Weisser
 
995,464,100

 
5,637,224

 
2,766,886

 
233,644,848


(2) The shareholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for PepsiCo for fiscal year 2019:
For
1,202,890,395

Against
31,251,238

Abstain
3,371,425


(3) The shareholders approved, on an advisory basis, PepsiCo’s executive compensation: 
For
926,357,794

Against
65,959,798

Abstain
11,550,618

Broker Non-Votes
233,644,848


(4) The shareholders approved amendments to PepsiCo’s Articles of Incorporation to eliminate supermajority voting standards:
For
985,384,389

Against
13,610,728

Abstain
4,873,093

Broker Non-Votes
233,644,848


A copy of PepsiCo’s Amended and Restated Articles of Incorporation is filed herewith as Exhibit 3.1.





(5) The shareholder proposal regarding independent Board chairman was defeated:
For
252,454,040
Against
741,520,222
Abstain
9,893,948
Broker Non-Votes
233,644,848

(6) The shareholder proposal regarding disclosure of pesticide management data was defeated:
For
105,210,064

Against
873,380,248

Abstain
25,277,898

Broker Non-Votes
233,644,848


Item 9.01. Financial Statements and Exhibits.
 
(d)  Exhibits
Exhibit No.
 
Description
3.1
 
Amended and Restated Articles of Incorporation of PepsiCo, Inc., effective as of May 1, 2019.







INDEX TO EXHIBITS
Exhibit No.
 
Description
 

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
PepsiCo, Inc.
 
 
 
Date: May 3, 2019
By:
/s/ Cynthia A. Nastanski
 
 
Name: Cynthia A. Nastanski
 
 
Title: Senior Vice President, Corporate Law and Deputy Corporate Secretary