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PBG » Topics » What is the difference between holding shares as a shareholder of record and as a beneficial owner?This excerpt taken from the PBG DEF 14A filed Apr 7, 2009. What is the
difference between holding shares as a shareholder of record and
as a beneficial owner?
Most of our shareholders hold their shares through a broker,
bank or other nominee rather than directly in their own name. As
summarized below, there are some distinctions between shares
held of record and those owned beneficially.
Shareholder of Record. If your shares are
registered directly in your name with our transfer agent, The
Bank of New York Mellon, you are considered the shareholder of
record of those shares, and the Notice was sent directly to you
by PBG. As the shareholder of record, you have the right to
grant your voting proxy directly to us or to vote in person at
the Annual Meeting. If you plan to attend the Annual Meeting in
person, please call
914-767-6267
or email shareholder.relations@pepsi.com so that
we may send you an admission card.
Beneficial Owner. If your shares are held in a
stock brokerage account or by a bank or other nominee, you are
considered the beneficial owner of shares held in “street
name,” and the Notice was forwarded to you by your broker,
bank or nominee who is considered the shareholder of record with
respect to those shares. As the beneficial owner, you have the
right to direct your broker, bank or nominee on how to vote and
are also invited to attend the Annual Meeting. However, since
you are not the shareholder of record, you may not vote these
shares in person at the Annual Meeting unless you request a
legal proxy from your broker, bank or nominee.
Table of Contents
This excerpt taken from the PBG DEF 14A filed Apr 10, 2008. What is the
difference between holding shares as a shareholder of record and
as a beneficial owner?
Most of our shareholders hold their shares through a broker,
bank or other nominee rather than directly in their own name. As
summarized below, there are some distinctions between shares
held of record and those owned beneficially.
Shareholder of Record. If your shares are
registered directly in your name with our transfer agent, The
Bank of New York Mellon, you are considered the shareholder of
record of those shares, and the Notice was sent directly to you
by PBG. As the shareholder of record, you have the right to
grant your voting proxy directly to us or to vote in person at
the Annual Meeting. If you plan to attend the Annual Meeting in
Table of Contents
person, please call
914-767-6114
or email shareholder.relations@pepsi.com so that
we may send you an admission card.
Beneficial Owner. If your shares are held in a
stock brokerage account or by a bank or other nominee, you are
considered the beneficial owner of shares held in “street
name,” and the Notice was forwarded to you by your broker,
bank or nominee who is considered the shareholder of record with
respect to those shares. As the beneficial owner, you have the
right to direct your broker, bank or nominee on how to vote and
are also invited to attend the Annual Meeting. However, since
you are not the shareholder of record, you may not vote these
shares in person at the Annual Meeting unless you request a
legal proxy from your broker, bank or nominee.
This excerpt taken from the PBG DEF 14A filed Apr 4, 2007. What is the
difference between holding shares as a shareholder of record and
as a beneficial owner?
Most of our shareholders hold their shares through a broker or
other nominee rather than directly in their own name. As
summarized below, there are some distinctions between shares
held of record and those owned beneficially.
Shareholder of Record. If your shares are
registered directly in your name with our transfer agent, The
Bank of New York, you are considered the shareholder of record
of those shares, and these proxy materials are being sent
directly to you by PBG. As the shareholder of record, you have
the right to grant your voting proxy directly to us or to vote
in person at the Annual Meeting. We have enclosed a proxy card
for you to use. If you plan to attend the Annual Meeting in
person, please check the “Annual Meeting” box on the
proxy card so that we may send you an admission card.
Beneficial Owner. If your shares are held in a
stock brokerage account or by a bank or other nominee, you are
considered the beneficial owner of shares held in “street
name,” and these proxy materials are being forwarded to you
by your broker, bank or nominee who is considered the
shareholder of record with respect to those shares. As the
beneficial owner, you have the right to direct your broker, bank
or nominee on how to vote and are also invited to attend the
Annual Meeting. However, since you are not the shareholder of
record, you may not vote these shares in person at the Annual
Meeting unless you request, complete and deliver a proxy from
your broker, bank or nominee. If you are the beneficial owner of
shares, your broker, bank or nominee has enclosed a voting
instruction card (in lieu of a proxy card) for you to use in
directing the broker, bank or nominee regarding how to vote your
shares.
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