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4//SEC Filing

PEPSIAMERICAS INC/IL/ 4

Accession 0001179110-10-003991

CIK 0001084230operating

Filed

Feb 25, 7:00 PM ET

Accepted

Feb 26, 6:45 PM ET

Size

6.4 KB

Accession

0001179110-10-003991

Insider Transaction Report

Form 4
Period: 2010-02-26
WARE ALEXANDER H
Executive VP and CFO
Transactions
  • Disposition to Issuer

    Common Stock

    2010-02-26217,4940 total
Footnotes (2)
  • [F1]Includes former restricted stock awards that, pursuant to the terms of the restricted stock award agreements and the below-described Merger Agreement, vested at the effective time of the Merger.
  • [F2]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).

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, 6:45 PM ET
Size
6.4 KB