4//SEC Filing
PEPSIAMERICAS INC/IL/ 4
Accession 0001179110-10-003947
CIK 0001084230operating
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 5:29 PM ET
Size
7.6 KB
Accession
0001179110-10-003947
Insider Transaction Report
Form 4
CORLISS MICHAEL J
Director
Transactions
- Disposition to Issuer
Common Stock
2010-02-26−51,600→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2010-02-26−10,057→ 0 total
Footnotes (1)
- [F1]On August 3, 2009, PepsiAmericas, Inc. ("PAS"), PepsiCo, Inc. ("PEP"), and Pepsi-Cola Metropolitan Bottling Company, Inc. ("Metro"), a wholly-owned subsidiary of PEP, entered into a merger agreement (the "Merger Agreement"), pursuant to which PAS would merge with and into Metro with Metro continuing as the surviving entity (the "Merger"). The Merger became effective at 4:01 p.m. (EST) on February 26, 2010 (the "Closing Date"). At the effective time of the Merger, each share of PAS common stock held by the reporting person converted into the right to receive cash consideration for approximately 48.3% of their shares and shares of PEP common stock for approximately 51.7% of their shares (the "Merger Consideration"). The closing sale price of PEP common stock on the Closing Date was $62.47 per share. Accordingly, the value of the Merger Consideration on the Closing Date for each share of PAS common stock was approximately $29.99, representing (.483 x $28.50) + (.517 x.5022 x $62.47).
Documents
Issuer
PEPSIAMERICAS INC/IL/
CIK 0001084230
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001084230
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 5:29 PM ET
- Size
- 7.6 KB