4//SEC Filing
LAZAREDES PETER J 4
Accession 0001225208-10-025240
CIK 0001089976other
Filed
Nov 17, 7:00 PM ET
Accepted
Nov 18, 5:18 PM ET
Size
20.6 KB
Accession
0001225208-10-025240
Insider Transaction Report
Form 4
PACTIV CORPPTV
LAZAREDES PETER J
EVP & GM Foodservice
Transactions
- Disposition to Issuer
Common Stock
2010-11-16$33.25/sh−99,792$3,318,084→ 197,450 total - Disposition to Issuer
Employee Stock Option
2010-11-16$33.25/sh−120,000$3,990,000→ 0 totalExercise: $20.25From: 2004-09-17Exp: 2013-09-17→ Common Stock (120,000 underlying) - Disposition to Issuer
Common Stock
2010-11-16$33.25/sh−197,450$6,565,213→ 0 total - Disposition to Issuer
Employee Stock Option
2010-11-16$33.25/sh−11,327$376,623→ 0 totalExercise: $32.94From: 1998-03-13Exp: 2018-01-13→ Common Stock (11,327 underlying) - Disposition to Issuer
Employee Stock Option
2010-11-16$33.25/sh−140,000$4,655,000→ 0 totalExercise: $23.98From: 2005-09-14Exp: 2014-09-14→ Common Stock (140,000 underlying) - Award
Performance Share Units
2010-11-16$33.25/sh+197,450$6,565,213→ 197,450 totalFrom: 2010-11-16→ Common Stock (197,450 underlying) - Exercise/Conversion
Common Stock
2010-11-16$33.25/sh+197,450$6,565,213→ 297,242 total - Disposition to Issuer
Common Stock
2010-11-16$33.25/sh−8,496$282,492→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Performance Share Units
2010-11-16$33.25/sh−197,450$6,565,213→ 0 totalFrom: 2010-11-16→ Common Stock (197,450 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to the merger (the "Merger") of the issuer with Reynolds Acquisition Corporation ("Reynolds Acquisition") in accordance with the Agreement and Plan of Merger dated August 16, 2010, among issuer, Rank Group Limited, Reynolds Group Holdings Limited, and Reynolds Acquisition (the "Agreement").
- [F2]Represents per share merger consideration under the Agreement.
- [F3]Each stock option of the issuer became exercisable in full upon consummation of the Merger and was cancelled in the Merger in exchange for a cash payment per share equal to the difference between the exercise price of the option and $33.25. Options with an exercise price of $33.25 or more were cancelled in the Merger and are not shown on Table II of this Report.
- [F4]The performance share units convert into common stock on a one-for-one basis.
- [F5]Not applicable.
Documents
Issuer
PACTIV CORP
CIK 0001089976
Entity typeother
Related Parties
1- filerCIK 0001198546
Filing Metadata
- Form type
- 4
- Filed
- Nov 17, 7:00 PM ET
- Accepted
- Nov 18, 5:18 PM ET
- Size
- 20.6 KB