PEP BOYS MANNY MOE & JACK 4
4 · PEP BOYS MANNY MOE & JACK · Filed Feb 4, 2016
Insider Transaction Report
Form 4
SWEETWOOD JOHN T
Director
Transactions
- Disposition from Tender
Common Stock
2016-02-04$18.50/sh−60,328$1,116,068→ 0 total - Disposition to Issuer
Option (right to buy)
2016-02-04−23,576→ 0 totalExercise: $9.28From: 2016-02-04Exp: 2016-06-24→ Common Stock (23,576 underlying)
Footnotes (2)
- [F1]On February 3, 2016, Icahn Enterprises Holdings L.P. acquired the issuer pursuant to that certain agreement and plan of merger, dated December 30, 2015, by and among Icahn Enterprises Holdings L.P., IEP Parts Acquisition LLC and the issuer. At the effective time of the merger, each outstanding share of the issuer's common stock was converted into the right to receive $18.50 in cash (the "per share merger consideration"). In addition, at the effective time of the merger, each outstanding restricted stock unit, performance stock unit and notional investment convertible into the issuer's common stock, whether or not vested, was converted into the right to receive the per share merger consideration. Finally, each outstanding option to acquire the issuer's common stock, whether or not vested, was converted into the right to receive the per share merger consideration less the exercise price of such option.
- [F2]Not applicable.