FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

POHLAD ROBERT C 		2. Issuer Name and Ticker or Trading Symbol

PEPSIAMERICAS INC/IL/ [ PAS ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chairman of the Board / CEO
(Last)          (First)          (Middle)

60 SOUTH SIXTH STREET, SUITE 4000 		3. Date of Earliest Transaction (MM/DD/YYYY)

2/26/2010
(Street)

MINNEAPOLIS, MN 55402
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   2/26/2010     D    456430   (1) D   (2) 0   D    
Common Stock   2/26/2010     D    192592   D   (2) 0   I   By Robert C. Pohlad 2008-2016 GRAT  
Common Stock   2/26/2010     D    12116189   D   (2) 0   I   see footnote   (3)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy)   $12.68   2/26/2010     D         176400      (4) 2/21/2012   Common Stock   176400     (5) 0   D    
Stock Option (right to buy)   $12.01   2/26/2010     D         115900      (4) 2/26/2013   Common Stock   115900     (5) 0   D    
Stock Option (right to buy)   $18.92   2/26/2010     D         122000      (4) 2/16/2014   Common Stock   122000     (5) 0   D    

Explanation of Responses:
( 1)  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.
( 2)  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).
( 3)  Represents 12,116,087 shares held by Starquest Securities, LLC and 102 shares held by Pohlad Companies.
( 4)  This option vested in three equal annual installments commencing on the first anniversary of the date of grant.
( 5)  In the Merger, each outstanding option to purchase PAS common stock was converted to an option to purchase PEP common stock on substantially the same terms, except that the number of options was adjusted by multiplying the number of PAS options by approximately .4796 and the exercise price was adjusted by dividing the PAS exercise price by .4796.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
POHLAD ROBERT C
60 SOUTH SIXTH STREET, SUITE 4000
MINNEAPOLIS, MN 55402 		X X Chairman of the Board / CEO

Signatures
/s/ Brian D. Wenger, attorney-in-fact 2/26/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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