Common Contracts

KANYE

October 7th, 2021

• Filed
  October 7th, 2021

Underlying: The Underlying for this Contract is the preliminary weekly consumption of Kanye West’s Donda album project reported to the Exchange pursuant to the Exchange’s agreement with Alpha Data LLC (a division of Penske Media Corporation, or “PMC”) (“Alpha Data”). “Consumption” is defined as the number of Album Units/Album Projects of the album project. Note that Alpha Data distinguishes between consumption of the project and consumption in terms of album sales; the Contract uses the former statistic. The weekly period runs from Friday at 12:00am ET to the following Thursday at 11:59pm ET. Alpha Data may revise the data that it reports after it has been initially published. If there is a revision of album consumption data for a certain day included in the statistical period and the revision is published prior to the Expiration time on the Expiration Date, such as if the data for Monday is revised on the Wednesday of the same week before the Exchange determines the Expiration Value,