FAQs

1. I’m not familiar with the company. What’s your history?
Jarden Corporation f/k/a/ Alltrista Corporation was formed in April 1993 as a spin-off from Ball Corporation. In December 2001, the Company was reincorporated in Delaware. In May 2002, the Company changed its name to Jarden Corporation. The Company is listed on the NYSE, where the symbol is JAH.

2. Do any equity analysts follow the stock?
Barclays Capital, CitiGroup Global Markets, CJS Securities, Credit Suisee, D.A. Davidson & Co., Goldman Sachs, Jeffries, J.P. Morgan, KeyBanc Capital Markets, Oppenheimer & Co, RBC Capital Markets, Sun Trust Robinson Humphrey and William Blair & Co. follow Jarden Corporation common stock. Please note that any opinions, estimates or forecasts regarding Jarden Corporation's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Jarden Corporation or its management. Jarden Corporation does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

3. What are the details of the November 2014 3-for-2 Stock Split?
Stockholders of record at the close of business on November 3, 2014 will receive one additional share of Jarden common stock for every two shares of Jarden common stock owned. This stock split will become effective on November 24, 2014 (the distribution date). We believe that, under existing United States Federal income tax laws and regulations, receipt of the additional shares should not be a taxable event for United States Federal income tax purposes. However, we suggest that you should consult your tax advisor concerning the application of U.S. Federal income tax laws, as well as any state, local or foreign taxing jurisdiction, to your particular situation.  In connection with the stock split, the conversion rate for the Company’s (i)  1⅞% Senior Subordinated Convertible Notes due 2018 (the “2018 Notes”) will be changed from 21.1727 shares of the Company’s common stock per $1,000 principal amount of 2018 Notes to 31.7591 shares of the Company’s common stock per $1,000 principal amount of 2018 Notes; (ii) 1½%  Senior Subordinated Convertible Notes due 2019 (the “2019 Notes”) will be changed from 17.1054 shares of the Company’s common stock per $1,000 principal amount of 2019 Notes to 25.6581 shares of the Company’s common stock per $1,000 principal amount of 2019 Notes; and (iii) 1⅛% Senior Subordinated Convertible Notes due 2034 (the “2034 Notes”) will be changed from 13.3583 shares of the Company’s common stock per $1,000 principal amount of 2034 Notes to 20.0375 shares of the Company’s common stock per $1,000 principal amount of 2034 Notes.

4. What are the details of the 3-for-2 stock splits that occurred February 2013, July 2005, and November 2003?
February 2013 split: Stockholders of record at the close of business on February 25, 2013, received one additional share of Jarden common stock for every two shares of Jarden common stock owned. This stock split became effective on March 18, 2013 (the distribution date). In connection with the stock split the conversion rate of the Company’s 1 7/8% Senior Subordinated Convertible Notes due 2018 was changed from 14.1152 shares of the Company’s common stock per $1,000 principal amount of notes to 21.1727 shares of the Company’s common stock per $1,000 principal amount of notes. 

July 2005 split: Stockholders of record at the close of business on June 20, 2005, received one additional share of Jarden common stock for every two shares of Jarden common stock owned. This stock split became effective on July 11, 2005 (the distribution date).

November 2003 split: Stockholders of record at the close of business on November 12, 2003, received one additional share of Jarden common stock for every two shares of Jarden common stock owned on November 12, 2003. This stock split became effective on November 26, 2003 (the distribution date). 

5. Is the receipt of additional Jarden shares due to a stock split a taxable event?
We believe that, under existing United States Federal income tax laws and regulations, receipt of the additional shares should not be a taxable event for United States Federal income tax purposes. However, we suggest that you should consult your tax advisor concerning the application of U.S. Federal income tax laws, as well as any state, local or foreign taxing jurisdiction, to your particular situation.

6. I was a Sunbeam Corporation shareholder before the completion of the bankruptcy (i.e., prior to December 2002), what is my status now? Will my shares be purchased by Jarden?
Sunbeam Corporation (now named American Household, Inc.) (“Sunbeam”) filed for protection under chapter 11 of the United States Bankruptcy Code in February 2001. Sunbeam’s chapter 11 plan of reorganization provided that all shares of common stock of Sunbeam would be cancelled without any payment. Sunbeam’s chapter 11 plan of reorganization became effective on December 18, 2002. As a result, at that time, the shares of Sunbeam common stock were cancelled in accordance with the plan. Therefore, since your shares have been cancelled, no purchase or payment will be made in respect of such cancelled shares.

7.  How do I find out how many shares I own or whether I own shares? How do I change the address of record for my shareholder mailings?
Please contact Jarden Corporation’s stock transfer agent, Computershare. Have your Social Security number available. You may contact Computershare as follows:

 

Internet Inquiries: Investor Centre website: www.computershare.com/investor

Telephone inquiries: 800-622-6757 (US, Canada, Puerto Rico) 781-575-2879 (non-US)
 

 E-mail inquiries: web.querries@computershare.com

 Online Inquiries:   www.computershare.com/investor/Contact

 

Written requests:

Computershare
P.O. Box 30170
College Station, TX 77842-3170

 

By overnight delivery:

Computershare
211 Quality Circle, Suite 210
College Station, TX 77845

 

8. I have less than one share of Jarden Corporation common stock. Can I turn it in?
Yes, please contact Computershare. Have your social security number available. You may contact Computershare as follows:

Internet Inquiries: Investor Centre website: www.computershare.com/investor

Telephone inquiries: 800-622-6757 (US, Canada, Puerto Rico) 781-575-2879 (non-US)
 

 E-mail inquiries: web.querries@computershare.com

 Online Inquiries:   www.computershare.com/investor/Contact

 

Written requests:

Computershare
P.O. Box 30170
College Station, TX 77842-3170

 

By overnight delivery:

Computershare
211 Quality Circle, Suite 210
College Station, TX 77845

 

9. I received shares in the 1993 spinoff and am planning to sell or have sold them. How do I calculate my basis?
On April 2, 1993, the Ball Corporation (“Ball”) average market price was $35.125 per share and the Alltrista average market price was $17.50 per share. Therefore, the value of a post spin-off Ball share was calculated to be $30.75 ($35.125 minus ¼ of $17.50). The tax basis of each Alltrista share received in the spinoff is therefore calculated to be ¼ of $17.50 divided by $35.125 (0.12345) multiplied by the total tax basis of your original Ball share. Please note that in June 2002, the Company changed its name to Jarden Corporation and effected a 2 for 1 stock split. Subsequently, Jarden affected 3-for-2 stock splits that occurred February 2013, July 2005, and November 2003. The tax basis calculation guidance above does not reflect these splits.

10. Forward Looking Statement:
This site may contain forward-looking statements as encouraged by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are projections that are subject to change upon the occurrence of certain events that may affect the business, many of which are set forth in the Company's periodic filings with the Securities and Exchange Commission. Ball® is a trademark of Ball Corporation under limited license to Jarden Corporation. Kerr® is a trademark of Kerr Group, Inc., under limited license to Jarden Corporation. All others are trademarks of Jarden Corporation

 

JAH (NYSE)
46.86 -0.17
Volume:
2,835,859
2013
Cash Flow Nearly
$670
Million