Distribution Date; Beneficial Ownership. The Rights are not exercisable until the Distribution Date. As of and after the Distribution Date, the Rights will separate from the Common Stock and each Right will become exercisable to purchase one one-thousandth of a share of Series B Junior Participating Preferred Stock, par value $0.01 per share, of the Company (each whole share, a share of “Preferred Stock”) at a purchase price of $14.50 (such purchase price, as may be adjusted, the “Purchase Price”). This portion of a share of Preferred Stock would give the holder thereof approximately the same dividend, voting, and liquidation rights as would one share of Common Stock. Prior to exercise, the Right does not give its holder any dividend, voting or liquidation rights.
Distribution Date; Beneficial Ownership. The Rights are not exercisable until the Distribution Date. As of and after the Distribution Date, the Rights will separate from the Common Stock and each Right will become exercisable to purchase one one-thousandth of a share of Series D Junior Participating Preferred Stock, par value $0.001 per share, of the Company (each whole share, a share of “Preferred Stock”) at a purchase price of $20 (such purchase price, as may be adjusted, the “Purchase Price”). This portion of a share of Preferred Stock would give the holder thereof approximately the same dividend, voting, and liquidation rights as would one share of Common Stock, with any variations set forth in the Certificate of Designation, Preferences, and Rights of Series D Junior Participating Preferred Stock, which is attached as an exhibit to a Form 8-K filed by the Company on March 23, 2017. Prior to exercise, the Right does not give its holder any dividend, voting or liquidation rights.
Distribution Date; Beneficial Ownership. The Rights are not exercisable until the Distribution Date. As of and after the Distribution Date, the Rights will separate from the Common Shares and each Right will become exercisable to purchase one one-hundredth of a share of Series A Junior Participating Preferred Stock, par value $1.00 per share, of the Company (each whole share, a “Preferred Share”) at a purchase price of $225(such purchase price, as may be adjusted, the “Purchase Price”). This portion of a Preferred Share would give the holder thereof approximately the same dividend, voting, and liquidation rights as would one Common Share. The “Distribution Date” is the earliest of: • ten days following a public announcement that a person has become an “Acquiring Person” by acquiring beneficial ownership of 10% or more of the outstanding Common Shares then outstanding (or, in the case of a person that had beneficial ownership of 10% or more of the outstanding Common Shares on the date the Rights Agreement was executed, by acquiring beneficial ownership of additional Common Shares representing 1.0% of the Common Shares then outstanding) other than as a result of repurchases of Common Shares by the Company or certain inadvertent acquisitions; • ten business days (or such later date as the Board of Directors of the Company shall determine prior to the time a person becomes an Acquiring Person) after the commencement of a tender offer or exchange offer by or on behalf of any person (other than the Company or certain related entities) if such tender offer or exchange offer has not commenced as of July 27, 2011, and upon consummation thereof, such person would become an Acquiring Person; and • immediately prior to the acceptance for payment of the Common Shares tendered pursuant to any tender offer or exchange offer commenced by or on behalf of any person (other than the Company or certain related entities) prior to, and pending as of July 27, 2011, if upon consummation thereof, such person would become an Acquiring Person. A person will be deemed to “beneficially own” any Common Shares if such person or any affiliated or associated person of such person: • is considered a “beneficial owner” of the Common Shares under Rule 13d-3 of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended and as in effect on the date of the Rights Agreement; • has the right to acquire the Common Shares, either immediately or in the future, pursuant to any agreement, arrangement, or understa...
Distribution Date; Beneficial Ownership. The Rights are not exercisable until the Distribution Date. As of and after the Distribution Date, the Rights will separate from the Common Shares and each Right will become exercisable to purchase one one-hundredth of a share of Series A Junior Participating Preferred Stock, par value $0.0001 per share, of the Company (each whole share, a “Preferred Share”) at a purchase price of $.15 (such purchase price, as may be adjusted, the “Purchase Price”). At the discretion of the Board of Directors of the Company, the purchase price may be paid in Preferred Shares in a cashless exercise. This portion of a Preferred Share would give the holder thereof approximately the same dividend, voting, and liquidation rights as would one Common Share.
