FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
PEPSI BOTTLING GROUP INC [ PBG ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 12/26/2007 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 12/26/2007 | M | 15,750 | A | $28.25 | 163,211 | D | |||
Common Stock | 12/26/2007 | S | 4,700(1) | D | $40.5 | 158,511 | D | |||
Common Stock | 12/26/2007 | S | 1,300(1) | D | $40.51 | 157,211 | D | |||
Common Stock | 12/26/2007 | S | 1,000(1) | D | $40.52 | 156,211 | D | |||
Common Stock | 12/26/2007 | S | 1,600(1) | D | $40.53 | 154,611 | D | |||
Common Stock | 12/26/2007 | S | 600(1) | D | $40.54 | 154,011 | D | |||
Common Stock | 12/26/2007 | S | 1,500(1) | D | $40.55 | 152,511 | D | |||
Common Stock | 12/26/2007 | S | 1,100(1) | D | $40.56 | 151,411 | D | |||
Common Stock | 12/26/2007 | S | 900(1) | D | $40.57 | 150,511 | D | |||
Common Stock | 12/26/2007 | S | 600(1) | D | $40.58 | 149,911 | D | |||
Common Stock | 12/26/2007 | S | 1,000(1) | D | $40.59 | 148,911 | D | |||
Common Stock | 12/26/2007 | S | 1,050(1) | D | $40.6 | 147,861 | D | |||
Common Stock | 12/26/2007 | S | 400(1) | D | $40.61 | 147,461(2) | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Officer Stock Options (Right to Buy) | $28.25 | 12/26/2007 | M | 15,750(3) | (4) | 02/28/2015 | Common Stock | 15,750(3) | $0.00(5) | 110,268 | D |
Explanation of Responses: |
1. The sale of 15,750 shares of common stock that were acquired as a result of the exercise of options as reflected in Table II was conducted pursuant to a Rule 10b5-1 trading plan, which became effective November 22, 2007. |
2. This number includes 127 RSUs accumulated as a result of dividend equivalents credited to the executive on September 28, 2007 at the same time and in the same amount as dividends were paid to shareholders of Common Stock in accordance with the agreement governing the executive's RSU awards. |
3. The exercise of 15,750 stock options was conducted pursuant to a Rule 10b5-1 trading plan, which became effective on November 22, 2007. |
4. The vesting schedule with respect to these stock options is as follows: 25% of the options vested and became exercisable on March 30, 2006; 25% of the options vested and became exercisable on March 30, 2007; and the remaining 50% of the options vest and become exercisable on March 30, 2008, provided the reporting person remains employed through such date. |
5. There is no price for this derivative security. |
Remarks: |
/s/ David Yawman, Attorney-in-Fact | 12/28/2007 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |