Odd Lot Index

HEWITT ASSOCIATES INC

Terms unclear

Unclear — read the filing yourself
StatusClosed
Closing date2005-03-11
How it is priced—
Odd-lot thresholdFewer than 100 shares
Must tender everything you holdYes
Must tick the odd-lot box on the formYes
Price offeredUSD $29.00 to $31.50 per share
Most an odd-lot tender could be$2,871.00 to $3,118.50

How it finished

Everyone else42.59%
Shares tendered24,275,504
Proration factor42.6%

Where each of these comes from

Every line above was read out of the filing. Here is the wording it was read from, so you can check it.

election_required = True...of my shares of such class, will I be subject to proration? If you own beneficially or of record fewer than 100 shares of a class in the aggregate, you properly tender all of these shares at or below the purchase price before the tender offer expires and you complete the section entitled “Odd Lots” in the letter of transmittal, we will purchase all of your shares of such class without subjecting them to the proration procedure. See Section 1. How will Hewitt pay for the shares? We anticipate that we will fund the purchase of the shares tendered in the tender offer primarily through cash on hand and, to a lesser extent, through borrowing under existing credit f...
expiry = 2005-03-11...ass A, Class B, and Class C Common Stock at a Purchase Price Not Greater Than $31.50 Nor Less Than $29.00 Per Share by Hewitt Associates, Inc. THE TENDER OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON FRIDAY, MARCH 11, 2005, UNLESS THE COMPANY EXTENDS THE TENDER OFFER. Hewitt Associates, Inc., a Delaware corporation (referred to herein as “we,” “us,” the “Company” or “Hewitt”), is offering to purchase for cash up to 8,000,000 shares, in the aggregate, of its...
listed = True...ommon stock, and 4,351,050 shares of class C common stock. The 8,000,000 shares that we are offering to purchase represent approximately 6.6% of the total number of shares of our common stock outstanding as of such date. Our class A common stock is listed and traded on the NYSE under the symbol “HEW”. See Section 8. On February 9, 2005, the last trading day prior to the printing of this offer to purchase, the reported closing price of our class A common stock on the NYSE was $30.23. We urge stockholders to obtain current market quotations for our class A common stock. Our class B and class C common stock is not...
mechanism = DUTCH...ciates Announces Final Results of Dutch Auction Tender Offer Announces Additional Liquidity Opportunities for Current and Former Employees LINCOLNSHIRE, Ill. — Hewitt Associates, a global human resources services firm, today announced the final results of its modified “Dutch Auction” tender offer to purchase shares of its outstanding Class A, Class B and Class C common stock. The tender offer expired at 12:00 Midnight, New York City time, on Wednesday, March 16, 2005. Based on a final count by the depositary for the tender offer, an aggregate of 24,275,504 shares were properly tendered and not withdrawn at $29.00 pe...
must_tender_all = True...number of shares as we may elect to purchase, subject to applicable law) are properly tendered at or below the purchase price and not properly withdrawn, we will buy shares: • first, from all holders of “odd lots” (holders of less than 100 shares of a class) who properly tender all of their shares of such class at or below the purchase price selected by us and do not properly withdraw them before the expiration date; • second, on a pro rata basis from all other stockholders who properly tender shares at or below the purchase price selected by us, other than stockholders who tender conditionally and whose conditions are not satisfi...
price = USD 29.0-31.5...olders to obtain current market quotations for the class A common stock. 9. Source and Amount of Funds. Assuming that 8,000,000 shares are purchased in the tender offer at a price between $29.00 and $31.50 per share, the aggregate purchase price will be between approximately $232 million and $252 million. We anticipate that we will fund the purchase of the shares tendered in the tender offer primarily through cash on hand and, to a...
threshold = 100...an 100 shares), which we will purchase on a priority basis as described in the immediately following paragraph and except for shares that were conditionally tendered and for which the condition was not satisfied. See Sections 5 and 6. 1 Table of Contents If I own fewer than 100 shares of a class and I tender all of my shares of such class, will I be subject to proration? If you own beneficially or of record fewer than 100 shares of a class in the aggregate, you properly tender all of these shares at or below the purchase price before the tender offer expires and you complete the section entitled “Odd Lots” in the lett...
txn_type = TENDER_OFFEREX-99.(A)(1)(A) 2 dex99a1a.htm OFFER TO PURCHASE Offer to Purchase Table of Contents Offer to Purchase for Cash Up to 8,000,000 Shares in the Aggregate of its Class A, Class B, and Class C Common Stock at a Purchase Price Not Greater Than $31.50 Nor Less Than $29.00 Per Share by Hewitt Associates, Inc. THE TENDER OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIG...
txn_type = TENDER_OFFER...f Dutch Auction Tender Offer Announces Additional Liquidity Opportunities for Current and Former Employees LINCOLNSHIRE, Ill. — Hewitt Associates, a global human resources services firm, today announced the final results of its modified “Dutch Auction” tender offer to purchase shares of its outstanding Class A, Class B and Class C common stock. The tender offer expired at 12:00 Midnight, New York City time, on Wednesday, March 16, 2005. Based on a final count by the depositary for the tender offer, an aggregate of 24,275,504 shares were properly tendered and not withdrawn at $29.00 per share (15,630,253 Class...
proration_pct = 42.59...$29.00 per share for 10,344,826 of these shares, including all “odd lots” properly tendered at the $29.00 purchase price. The Company has been informed by the depositary for the tender offer that the final proration factor to be applied to non-odd lot shares is 42.59%. A total of 10,945,969 Class B shares and zero Class C shares were tendered at all prices within the stated price range for the tender offer of $29.00 to $31.50 per share. This represents less than 33% of the total number of Class B and Class C shares that were eligible to be te...
tendered = 24275504...and Class C common stock. The tender offer expired at 12:00 Midnight, New York City time, on Wednesday, March 16, 2005. Based on a final count by the depositary for the tender offer, an aggregate of 24,275,504 shares were properly tendered and not withdrawn at $29.00 per share (15,630,253 Class A shares, 8,645,251 Class B shares and zero Class C shares). The Company has accepted for purchase and will promptly pay $29.00 per share for 10,344,826 of these shares, including all “odd lots” properly tendered at the $29...

The filings

FiledFormRoleOn EDGAR
2005-02-11SC TO-Ioriginal (governing)View
2005-03-24SC TO-I/AamendmentView