This excerpt taken from the PBG DEF 14A filed Mar 31, 2006.
Stock Ownership Guidelines. The Committee has established stock ownership guidelines for the Companys key senior executives. The guidelines call for key senior executives to own a fixed number of shares (or deferral plan units), ranging from 15,000 for certain executives up to 175,000 shares for the Chairman and CEO. Executives must meet or exceed the guidelines within five years of becoming a senior executive. During the five-year period, the executive must satisfy interim, annual targets equal to 20% of the total requirement. The Committee has determined that each Covered Executive has satisfied the target applicable to him.