Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc is dated March 10, 2022. The report serves as a notification of transactions involving Persons Discharging Managerial Responsibilities (PDMR) and persons closely associated with them. The filing details the grant of Performance Share Units (PSUs) under the Company's Long-Term Incentive Plan 2016 and one open market share acquisition.
Key Financial Metrics
The filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. It exclusively reports on equity-based compensation transactions and share acquisitions.
| Transaction Type | Total Volume (Shares) | Total Cost (USD) |
|---|---|---|
| PSU Grants (14 Executives) | 157,054 | $0 |
| Open Market Acquisition (1 Executive) | 313 | $14,228.98 |
Material Changes
The filing does not provide comparative data against prior periods. It represents a single-day snapshot of executive compensation grants and one share purchase transaction.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook. The primary contingency noted is that the granted PSUs are subject to continued service and the satisfaction of applicable performance conditions to vest on March 10, 2025.
Important Facts for Investors
- Executive Compensation Grants: On March 10, 2022, 14 senior executives received a total of 157,054 Performance Share Units (PSUs) at a grant price of $0. These awards vest on March 10, 2025, contingent on performance conditions.
- Key Recipients: The largest PSU grant was to CEO Damian Gammell (81,888 units). Other recipients included the CFO, General Counsel, and various General Managers across Northern Europe, Germany, France, Great Britain, and the Australia/Pacific region.
- Share Acquisition: General Counsel and Company Secretary Clare Wardle acquired 313 Ordinary Shares on the Nasdaq Stock Market at an average price of approximately $45.46 per share, totaling $14,228.98.
- Instrument Details: All transactions relate to Ordinary Shares of €0.01 each (ISIN: GB00BDCPN049).