-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, O0epmxAX120p0Vl4QAApCTgKXS/qcXjDLB6M1fhkVT9ZaOntleUYIawc7kSvMIb+ F/NYvErrpNcHY8O+b24FAQ== 0001209191-08-015416.txt : 20080304 0001209191-08-015416.hdr.sgml : 20080304 20080304150537 ACCESSION NUMBER: 0001209191-08-015416 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080229 FILED AS OF DATE: 20080304 DATE AS OF CHANGE: 20080304 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Rapp Steven M CENTRAL INDEX KEY: 0001311403 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14893 FILM NUMBER: 08663255 BUSINESS ADDRESS: BUSINESS PHONE: (914) 767-6000 MAIL ADDRESS: STREET 1: THE PEPSI BOTTLING GROUP, INC. STREET 2: 1 PEPSI WAY CITY: SOMERS STATE: NY ZIP: 10589 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PEPSI BOTTLING GROUP INC CENTRAL INDEX KEY: 0001076405 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] IRS NUMBER: 134038356 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE PEPSI WAY CITY: SOMERS STATE: NY ZIP: 10589-2201 BUSINESS PHONE: 9147676000 MAIL ADDRESS: STREET 1: ONE PEPSI WAY CITY: SOMERS STATE: NY ZIP: 10589-2201 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2008-02-29 0 0001076405 PEPSI BOTTLING GROUP INC PBG 0001311403 Rapp Steven M THE PEPSI BOTTLING GROUP, INC. ONE PEPSI WAY SOMERS, NY 10589 0 1 0 0 SVP, Gen. Counsel and Secy Common Stock 2008-03-01 4 A 0 11652 0.00 A 38839 D Common Stock 2568 I By 401(k) Plan Phantom Stock Units 2008-02-29 4 A 0 1810 34.96 A Common Stock 1810 5714 D Stock Options (Right to Buy) 34.33 2008-03-01 4 A 0 34955 0.00 A 2018-02-28 Common Stock 34955 34955 D This number reflects the number of restricted stock units ("RSUs") granted to the reporting person. RSUs are settled in shares of PBG Common Stock and are calculated on a one unit for one share basis. The vesting with respect to these RSUs is contingent upon the achievement of a pre-established 2008 earnings per share performance target as well continued employment through March 1, 2011. This number includes 97 RSUs accumulated as a result of dividend equivalents credited to the reporting person on January 2, 2008 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 reporting person's RSU awards. Reflects the number of shares of PBG Common Stock attributed to the reporting person based on his holdings in the PBG Common Stock fund of the PBG 401(k) Plan as of February 29, 2008. The number of shares was calculated by dividing the dollar value of the reporting person's holdings in such fund by the closing price of PBG Common Stock on February 29, 2008. Each Phantom Stock Unit entitles the reporting person to receive the cash equivalent of one share of PBG Common Stock. In June, 2007, the reporting person irrevocably elected to defer a portion of his 2007 cash bonus, payable in the first quarter of 2008, into the PBG Phantom Stock Fund offered under the PBG Executive Income Deferral Program ("EID Program"). In accordance with the standard rules governing the administration of the EID Program, this deferral occurred on February 29, 2008, the date the bonus became payable. The number of Phantom Stock Units indicated (1,810) was calculated by dividing the dollar value of the amount deferred by the closing price of a share of PBG Common Stock on February 28, 2008, the last trading day immediately preceding the deferral date. These dates are governed by the standard terms of the EID Program and specific elections made by the reporting person. The stock options become exercisable as follows: 33% on March 1, 2009; 33% on March 1, 2010; and 34% on March 1, 2011. There is no price for this derivative security. /s/ David Yawman, Attorney-in-Fact 2008-03-04 -----END PRIVACY-ENHANCED MESSAGE-----