0001104659-14-037797.txt : 20140513 0001104659-14-037797.hdr.sgml : 20140513 20140512214401 ACCESSION NUMBER: 0001104659-14-037797 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20140513 DATE AS OF CHANGE: 20140512 GROUP MEMBERS: ATLANTIC INDUSTRIES SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KEURIG GREEN MOUNTAIN, INC. CENTRAL INDEX KEY: 0000909954 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FOOD PREPARATIONS & KINDRED PRODUCTS [2090] IRS NUMBER: 030339228 STATE OF INCORPORATION: DE FISCAL YEAR END: 0929 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-58801 FILM NUMBER: 14835229 BUSINESS ADDRESS: STREET 1: 33 COFFEE LANE CITY: WATERBURY STATE: VT ZIP: 05676 BUSINESS PHONE: 8022445621 MAIL ADDRESS: STREET 1: 33 COFFEE LANE CITY: WATERBURY STATE: VT ZIP: 05676 FORMER COMPANY: FORMER CONFORMED NAME: GREEN MOUNTAIN COFFEE ROASTERS INC DATE OF NAME CHANGE: 20030221 FORMER COMPANY: FORMER CONFORMED NAME: GREEN MOUNTAIN COFFEE INC DATE OF NAME CHANGE: 19930729 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: COCA COLA CO CENTRAL INDEX KEY: 0000021344 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] IRS NUMBER: 580628465 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: ONE COCA COLA PLAZA CITY: ATLANTA STATE: GA ZIP: 30313 BUSINESS PHONE: 404-676-2121 MAIL ADDRESS: STREET 1: ONE COCA COLA PLAZA CITY: ATLANTA STATE: GA ZIP: 30313 SC 13D/A 1 a14-12523_1sc13da.htm SC 13D/A

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

 

SCHEDULE 13D

 

 

Under the Securities Exchange Act of 1934
(Amendment No. 1)

 

KEURIG GREEN MOUNTAIN, INC.

(Name of Issuer)

 

Common Stock, par value $0.10 per share

(Title of Class of Securities)

 

49271M100

(CUSIP Number)

 

Bernhard Goepelt

Senior Vice President, General Counsel and Chief Legal Counsel

The Coca-Cola Company

One Coca-Cola Plaza

Atlanta, Georgia 30313

(404) 676-2121

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications on behalf of filing persons)

 

Copy to:

Martha E. McGarry, Esq.

Skadden, Arps, Slate, Meagher & Flom LLP

Four Times Square

New York, New York 10036

(212) 735-3000

May 8, 2014

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

 



 

CUSIP No.  49271M100

 

 

1.

Name of Reporting Persons
The Coca-Cola Company

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

7.

Sole Voting Power
0

 

8.

Shared Voting Power
19,489,730

 

9.

Sole Dispositive Power
0

 

10.

Shared Dispositive Power
19,489,730

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
26,037,771

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares  o

 

 

13.

Percent of Class Represented by Amount in Row (11)
16.0%

 

 

14.

Type of Reporting Person
CO

 

2



 

CUSIP No.  49271M100

 

 

1.

Name of Reporting Persons
Atlantic Industries

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Cayman Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

7.

Sole Voting Power
0

 

8.

Shared Voting Power
19,489,730

 

9.

Sole Dispositive Power
0

 

10.

Shared Dispositive Power
19,489,730

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
26,037,771

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares  o

 

 

13.

Percent of Class Represented by Amount in Row (11)
16.0%

 

 

14.

Type of Reporting Person
CO

 

3



 

Preamble

 

This Amendment No. 1 (this “Amendment No. 1”) amends and supplements the Schedule 13D filed by Atlantic Industries, a corporation organized and existing under the laws of the Cayman Islands (“Atlantic”) and indirect wholly owned subsidiary of The Coca-Cola Company (“TCCC”, and together with Atlantic, the “Reporting Persons”), with the Securities and Exchange Commission on March 10, 2014 (the “Statement”), relating to shares of common stock, $0.10 par value per share (“Common Stock”), of Keurig Green Mountain, Inc. (the “Issuer”). This Amendment No. 1 is being filed jointly by the Reporting Persons. Unless otherwise indicated herein, capitalized terms used herein but not defined herein have the meanings ascribed to them in the Statement.

 

Item 2.

Identity and Background.

 

Schedule A of the Statement is hereby amended and restated to read in its entirety in the form attached as Schedule A hereto.

 

Item 3.

Source and Amount of Funds or Other Considerations.

 

Item 3 of the Statement is hereby amended and supplemented to add the following:

 

Between May 8, 2014 and May 12, 2014, Atlantic purchased an aggregate of 2,805,591 shares of Common Stock in the open market as set forth in Exhibit 99.4 attached hereto.  All such purchases of shares of Common Stock by Atlantic were made, and the purchase contemplated to be made by Atlantic pursuant to the Agreement (as defined below) is expected to be made, using Atlantic’s cash on hand.

 

Item 4.

Purpose of Transaction.

 

Item 4 of the Statement is hereby amended and supplemented to add the following:

 

On May 12, 2014, Atlantic entered into a letter agreement (the “Agreement”) with Credit Suisse Capital LLC (“CS”), pursuant to which Atlantic has agreed to purchase additional shares of Common Stock from CS, as described in further detail in Item 6 below.  The Agreement is intended to comply with the requirements of Rule 10b5-1(c)(1) under the Securities Exchange Act of 1934, as amended.

 

Item 5.

Interest in Securities of the Issuer.

 

Item 5 of the Statement is hereby amended and supplemented to add the following:

 

(a)–(b)  As of the date hereof, the Reporting Persons may be deemed to beneficially own an aggregate of 26,037,771 shares of Common Stock, which amount includes 19,489,730 shares of Common Stock held by Atlantic and which amount further assumes that Atlantic has the right to acquire up to 6,548,041 shares of Common Stock pursuant to the Agreement (subject to final determination as set forth in item 6 below), notwithstanding that any such right is subject to the terms and conditions of the Agreement, including without limitation CS’s power to determine the date on which Atlantic’s purchase of such shares will occur.  As the ultimate parent company and controlling shareholder of Atlantic, TCCC may be deemed to share with Atlantic voting power and dispositive power with respect to the 19,489,730 shares of Common Stock held by Atlantic.  The Reporting Persons do not have voting or dispositive power with respect to the shares of Common Stock that Atlantic has agreed to purchase pursuant to the Agreement.  The aggregate number of shares of Common Stock that may be deemed to be beneficially owned by the Reporting Persons represents approximately 16.0% of the currently outstanding Common Stock of the Issuer (based on the 162,736,073 shares of Common Stock that were issued and outstanding as of May 1, 2014, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 7, 2014).

 

(c)  All transactions in the Common Stock by the Reporting Persons that were effected since the filing of the Statement are set forth in Exhibit 99.4 attached hereto. All transactions set forth in Exhibit 99.4 attached hereto were purchases effected in open market transactions.  The Reporting Persons expect to file an amendment to the Statement once the shares of Common Stock are delivered to the Reporting Persons under the Agreement.

 

4



 

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

 

Item 6 of the Statement is hereby amended and supplemented to add the following:

 

Pursuant to the Agreement, Atlantic has agreed to purchase from CS, and CS has agreed to sell and deliver to Atlantic, the lesser of (i) 6,548,041 shares of Common Stock or (ii) the number of shares of Common Stock that shall cause Atlantic’s aggregate beneficial ownership to equal 16.0% of the issued and outstanding shares of Common Stock, as reported in the most recent report filed by the Issuer with the Securities and Exchange Commission containing such information as of the date of delivery (rounded down to the nearest whole number of shares).  The purchase by Atlantic shall occur on a date selected by Credit Suisse, which shall be no later than February 13, 2015.  The purchase price per share purchased under the Agreement will be equal to the product of (i) the arithmetic average of the daily volume-weighted average price per share of Common Stock on each day trading during the period from May 15, 2014 to the date selected by Credit Suisse, as reported by Bloomberg LP, and (ii) 1 plus the Forward Price Adjustment Factor (as defined in the Agreement).  The Purchase Price will be adjusted in certain circumstances specified in the Agreement.  CS, in its sole discretion, will determine the timing, price and method of execution to acquire the shares to be delivered to Atlantic pursuant to the Agreement, and will have exclusive ownership and control over any such shares until delivered to Atlantic.  The foregoing description of the Agreement is qualified in its entirety by reference to the Agreement filed as Exhibit 99.5 hereto, which is incorporated herein by reference.

 

Item 7.

Material to be Filed as Exhibits.

 

Item 7 of the Statement is hereby amended and supplemented to add the following:

 

The following documents are filed or incorporated by reference as exhibits to this Statement:

 

Exhibit Number

 

Description of Exhibit

 

 

 

Exhibit 99.4

 

Transactions by the Reporting Persons Since the Filing of the Statement.

 

 

 

Exhibit 99.5

 

Agreement, dated May 12, 2014, between Atlantic and CS.

 

5



 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

 

THE COCA-COLA COMPANY

 

 

 

 

Dated: May 12, 2014

By:

/s/ Kathy N. Waller

 

 

Name:

Kathy N. Waller

 

 

Title:

Executive Vice President and Chief Financial Officer

 

 

 

 

 

ATLANTIC INDUSTRIES

 

 

 

 

Dated: May 12, 2014

By:

/s/ Kathy N. Waller

 

 

Name:

Kathy N. Waller

 

 

Title:

President and Chief Financial Officer

 

6



 

SCHEDULE A

 

DIRECTORS AND EXECUTIVE OFFICERS OF THE COCA-COLA COMPANY AND ATLANTIC INDUSTRIES

 

Set forth below is the name, business address and present occupation or employment of each director and executive officer of The Coca-Cola Company (“TCCC”) and Atlantic Industries (“Atlantic”). Except as indicated below, each such person is a citizen of the United States. None of the directors or executive officers named below beneficially owns any Common Stock of Green Mountain Coffee Roasters, Inc. Directors of TCCC and Atlantic who are also executive officers of TCCC or Atlantic are indicated by an asterisk. Except as indicated below, the business address of each executive officer of TCCC or Atlantic is One Coca-Cola Plaza, Atlanta, Georgia 30313.

 

DIRECTORS OF THE COCA-COLA COMPANY

 

NAME

 

PRINCIPAL OCCUPATION
OR EMPLOYMENT

 

ADDRESS

Muhtar Kent*

 

Chairman of the Board of Directors, President and Chief Executive Officer of The Coca-Cola Company

 

 

Herbert A. Allen

 

President, Chief Executive Officer and a Director of Allen & Company Incorporated, a privately held investment firm

 

Allen & Company

  Incorporated

711 Fifth Avenue

New York, NY 10022

Ronald W. Allen

 

Chairman of the Board of Directors, President and Chief Executive Officer of Aaron’s, Inc.

 

Aaron’s, Inc.

309 East Paces Ferry Road

Suite 1100

Atlanta, GA 30305

Ana Patricia Botín

 

Chief Executive Officer of Santander UK plc, a leading financial services provider in the United Kingdom and subsidiary of Banco Santander S.A.

Ms. Botín is a citizen of Spain.

 

Santander UK plc

2 Triton Square

Regent’s Place

London NW1 3AN

United Kingdom

Howard G. Buffett

 

President of Buffett Farms and President of the Howard G. Buffett Foundation, a private foundation supporting humanitarian initiatives focused on food and water security, conservation and conflict management

 

Howard G. Buffett Foundation

145 North Merchant Street

Decatur, IL 62523

Richard M. Daley

 

Executive Chairman of Tur Partners LLC, an investment and advisory firm focused on sustainable solutions within the urban environment

 

Tur Partners LLC

900 N. Michigan Avenue

Suite 1720

Chicago, IL 60611

Barry Diller

 

Chairman of the Board of Directors and Senior Executive of IAC/InterActiveCorp, a leading media and internet company

 

IAC/InterActiveCorp

555 West 18th Street

New York, New York 10011

 



 

Helene D. Gayle

 

Chairman and Chief Executive Officer of ACE Limited, the parent company of the ACE Group of Companies, a global insurance and reinsurance company

 

CARE USA

151 Ellis Street, NE

Atlanta, GA 30303

Evan G. Greenberg

 

Chairman and Chief Executive Officer of ACE Limited, the parent company of the ACE Group of Companies, a global insurance and reinsurance company

 

ACE Group

1133 Avenue of the Americas

45th Floor

New York, NY 10036

Alexis M. Herman

 

Chair and Chief Executive Officer of New Ventures, LLC, a corporate consulting company

 

New Ventures, Inc.

633 Pennsylvania Avenue NW

3rd Floor Washington, D.C. 20004

Robert A. Kotick

 

President, Chief Executive Officer and a Director of Activision Blizzard, Inc. an interactive entertainment software company

 

Activision Blizzard, Inc.

3100 Ocean Park Boulevard

Santa Monica, CA 90405

Maria Elena Lagomasino

 

Chief Executive Officer and Managing Partners of WE Family Offices, a multi-family office serving global high net worth families

 

WE Family Offices

701 Brickell Avenue

Suite 200

Miami, FL 33131

Sam Nunn

 

Co-Chairman and Chief Executive Officer of the Nuclear Threat Initiative, a nonprofit organization working to reduce the global threats from nuclear, biological and chemical warfare

 

The Sam Nunn School of International Affairs

Georgia Institute of Technology

781 Marietta Street, NW

Atlanta, Georgia 30318

James D. Robinson III

 

Co-Founder and General Partner of RRE Ventures, an early stage technology-focused venture capital firm; President of JD Robinson, Inc, a strategic advisory firm

 

RRE Investors, LLC

22nd Floor

126 East 56th Street

New York, NY 10022

Peter V. Ueberroth

 

Investor and Chairman of the Contrarian Group, Inc., a business management company

 

The Contrarian Group, Inc.

Suite 111

1071 Camelback Street

Newport Beach, CA 92660

 



 

EXECUTIVE OFFICERS OF THE COCA-COLA COMPANY

 

NAME

 

PRINCIPAL OCCUPATION
OR EMPLOYMENT

 

ADDRESS

Muhtar Kent

 

Chairman of the Board of Directors, President and Chief Executive Officer of The Coca-Cola Company

 

 

Ahmet C. Bozer

 

Executive Vice President of The Coca-Cola Company and President of Coca-Cola International

 

 

Alexander B. Cummings, Jr.

 

Executive Vice President and Chief Administrative Officer of The Coca-Cola Company

 

 

J. Alexander M. Douglas, Jr.

 

Senior Vice President and Global Chief Customer Officer of The Coca-Cola Company and President of Coca-Cola North America

 

 

Ceree Eberly

 

Senior Vice President and Chief People Officer of The Coca-Cola Company

 

 

Irial Finan

 

Executive Vice President of The Coca-Cola Company and President, Bottling Investments and Supply Chain

Mr. Finan is a citizen of Ireland.

 

 

Bernhard Goepelt

 

Senior Vice President, General Counsel and Chief Legal Counsel of The Coca-Cola Company

Mr. Goepelt is a citizen of Germany.

 

 

Nathan Kalumbu

 

President of the Eurasia and Africa Group of The Coca-Cola Company

Mr. Kalumbu is a citizen of Zimbabwe.

 

 

James Quincey

 

President of the Europe Group of The Coca-Cola Company

Mr. Quincey is a citizen of the United Kingdom.

 

 

Atul Singh

 

Group President, Asia, Part of the Asia Pacific Group of The Coca-Cola Company

 

 

Brian Smith

 

President of the Latin America Group of The Coca-Cola Company

 

 

Joseph V. Tripodi

 

Executive Vice President and Chief Marketing and Commercial Officer of The Coca-Cola Company

 

 

Clyde C. Tuggle

 

Senior Vice President and Chief Public Affairs and Communications Officer of The Coca-Cola Company

 

 

Kathy N. Waller

 

Executive Vice President and Chief Financial Officer of The Coca-Cola Company

 

 

Guy Wollaert

 

Senior Vice President and Chief Technical Officer of The Coca-Cola Company

Mr. Wollaert is a citizen of Belgium.

 

 

 



 

DIRECTORS OF ATLANTIC INDUSTRIES

 

NAME

 

PRINCIPAL OCCUPATION
OR EMPLOYMENT

 

ADDRESS

Robert J. Jordan, Jr.*

 

Vice President and General Tax Counsel of Atlantic Industries

 

 

Christopher P. Nolan*

 

Vice President and Treasurer of The Coca-Cola Company and Vice President and Treasurer of Atlantic Industries

 

 

Marie D. Quintero-Johnson

 

Vice President of The Coca-Cola Company

 

 

Larry M. Mark*

 

Vice President and Controller of The Coca-Cola Company and Vice President and Controller of Atlantic Industries

 

 

 

EXECUTIVE OFFICERS OF ATLANTIC INDUSTRIES

 

NAME

 

PRINCIPAL OCCUPATION
OR EMPLOYMENT

 

ADDRESS

Bernhard Goepelt

 

Senior Vice President, General Counsel and Chief Legal Counsel of The Coca-Cola Company and Vice President and General Counsel of Atlantic Industries

 

 

Robert J. Jordan, Jr.

 

Vice President and General Tax Counsel of Atlantic Industries

 

 

Larry M. Mark

 

Vice President and Controller of The Coca-Cola Company and Vice President and Controller of Atlantic Industries

 

 

Christopher P. Nolan

 

Vice President and Treasurer of The Coca-Cola Company and Vice President and Treasurer of Atlantic Industries

 

 

Kathy N. Waller

 

Executive Vice President and Chief Financial Officer of The Coca-Cola Company and President and Chief Financial Officer of Atlantic Industries

 

 

 


EX-99.4 2 a14-12523_1ex99d4.htm EX-99.4

Exhibit 99.4

 

TRANSACTIONS BY THE REPORTING PERSONS
SINCE THE FILING OF THE STATEMENT

 

The following table sets forth all transactions with respect to Common Stock effected by any of the Reporting Persons since their last filing on Schedule 13D. All such transactions were purchases of Common Stock effected by Atlantic Industries in the open market.

 

Date of Transaction

 

Number of Shares

 

Price Per Share
($)

 

May 8, 2014

 

100

 

96.6450

 

 

 

100

 

96.7400

 

 

 

100

 

96.7500

 

 

 

200

 

96.8200

 

 

 

100

 

96.8600

 

 

 

100

 

96.8900

 

 

 

400

 

96.9150

 

 

 

300

 

96.9200

 

 

 

2,800

 

97.0000

 

 

 

200

 

99.9600

 

 

 

200

 

99.9700

 

 

 

2,129

 

100.0000

 

 

 

100

 

100.2050

 

 

 

100

 

100.2100

 

 

 

100

 

100.2250

 

 

 

300

 

100.2400

 

 

 

1,300

 

100.2500

 

 

 

800

 

100.2800

 

 

 

800

 

100.2900

 

 

 

400

 

100.3150

 

 

 

800

 

100.3200

 

 

 

300

 

100.3300

 

 

 

2,100

 

100.3400

 

 

 

800

 

100.3700

 

 

 

181

 

100.3750

 

 

 

1,282

 

100.3900

 

 

 

500

 

100.4100

 

 

 

800

 

100.4400

 

 

 

100

 

100.4500

 

 

 

2,500

 

100.4600

 

 

 

100

 

101.1000

 

 



 

 

 

1

 

101.1200

 

 

 

900

 

101.1680

 

 

 

99

 

101.1800

 

 

 

500

 

101.1900

 

 

 

50

 

101.2000

 

 

 

751

 

101.2200

 

 

 

100

 

101.2500

 

 

 

600

 

101.3000

 

 

 

200

 

101.3700

 

 

 

100

 

101.3800

 

 

 

1,350

 

101.3900

 

 

 

1,593

 

101.4000

 

 

 

100

 

101.4100

 

 

 

800

 

101.4200

 

 

 

400

 

101.4500

 

 

 

424

 

101.4800

 

 

 

730

 

101.5000

 

 

 

9

 

101.5300

 

 

 

100

 

101.5600

 

 

 

1,027

 

101.5800

 

 

 

890

 

101.5900

 

 

 

600

 

101.6000

 

 

 

200

 

101.6200

 

 

 

1,200

 

101.6300

 

 

 

400

 

101.6500

 

 

 

100

 

101.6700

 

 

 

376

 

101.6900

 

 

 

514

 

101.7000

 

 

 

400

 

101.7200

 

 

 

152

 

101.7500

 

 

 

10

 

101.7600

 

 

 

608

 

101.7700

 

 

 

290

 

101.7800

 

 

 

450

 

101.7900

 

 

 

500

 

101.8000

 

 

 

319

 

101.8100

 

 

 

100

 

101.8600

 

 

 

589

 

101.8700

 

 

 

200

 

101.8800

 

 

 

100

 

101.9100

 

 

 

1,076

 

101.9400

 

 

 

100

 

101.9450

 

 

 

700

 

101.9500

 

 

 

100

 

101.9900

 

 

 

2,618

 

102.0000

 

 

2



 

 

 

382

 

102.0100

 

 

 

100

 

102.0200

 

 

 

600

 

102.1800

 

 

 

1,900

 

102.1900

 

 

 

1,000

 

102.2200

 

 

 

200

 

102.2250

 

 

 

400

 

102.2400

 

 

 

1,400

 

102.2600

 

 

 

700

 

102.2700

 

 

 

900

 

102.2800

 

 

 

2,100

 

102.3000

 

 

 

100

 

102.3930

 

 

 

800

 

102.4000

 

 

 

500

 

102.4200

 

 

 

2,400

 

102.4300

 

 

 

100

 

102.4500

 

 

 

100

 

102.4550

 

 

 

210

 

102.4700

 

 

 

800

 

102.4800

 

 

 

1,700

 

102.4900

 

 

 

600

 

102.4950

 

 

 

200

 

102.5000

 

 

 

604

 

102.5100

 

 

 

1,700

 

102.5200

 

 

 

100

 

102.5250

 

 

 

2,700

 

102.5300

 

 

 

2,400

 

102.5400

 

 

 

196

 

102.5500

 

 

 

300

 

102.5800

 

 

 

400

 

102.5900

 

 

 

700

 

102.6300

 

 

 

100

 

102.6500

 

 

 

1,900

 

102.6600

 

 

 

100

 

102.6700

 

 

 

100

 

102.6800

 

 

 

1,000

 

102.6900

 

 

 

199

 

102.7000

 

 

 

600

 

102.7200

 

 

 

1,300

 

102.7400

 

 

 

2,322

 

102.7500

 

 

 

833

 

102.7600

 

 

 

300

 

102.7700

 

 

 

200

 

102.7800

 

 

 

1,700

 

102.7900

 

 

 

4,400

 

102.8000

 

 

3



 

 

 

101

 

102.8100

 

 

 

1,800

 

102.8200

 

 

 

300

 

102.8300

 

 

 

100

 

102.8350

 

 

 

89

 

102.8400

 

 

 

260

 

102.8500

 

 

 

1,886

 

102.8600

 

 

 

300

 

102.8700

 

 

 

100

 

102.8800

 

 

 

200

 

102.8900

 

 

 

2,300

 

102.9000

 

 

 

200

 

102.9100

 

 

 

7

 

102.9200

 

 

 

1,007

 

102.9300

 

 

 

7

 

102.9400

 

 

 

479

 

102.9600

 

 

 

400

 

102.9700

 

 

 

607

 

102.9800

 

 

 

7

 

102.9900

 

 

 

7

 

103.0000

 

 

 

479

 

103.0100

 

 

 

300

 

103.0200

 

 

 

100

 

103.0240

 

 

 

200

 

103.0250

 

 

 

126

 

103.0300

 

 

 

407

 

103.0600

 

 

 

495

 

103.0700

 

 

 

7

 

103.0900

 

 

 

286

 

103.1000

 

 

 

1,700

 

103.1100

 

 

 

74

 

103.1300

 

 

 

300

 

103.1400

 

 

 

900

 

103.2100

 

 

 

400

 

103.2500

 

 

 

5

 

103.2675

 

 

 

700

 

103.4200

 

 

 

600

 

103.4300

 

 

 

1,471

 

103.4600

 

 

 

129

 

103.4700

 

 

 

234

 

103.5900

 

 

 

1,000

 

103.6800

 

 

 

100

 

103.8900

 

 

 

166

 

103.9100

 

 

 

100

 

103.9300

 

 

 

900

 

103.9500

 

 

4



 

 

 

999

 

103.9600

 

 

 

100

 

103.9650

 

 

 

1,403

 

103.9700

 

 

 

300

 

103.9750

 

 

 

800

 

103.9800

 

 

 

300

 

103.9900

 

 

 

100

 

103.9950

 

 

 

29,964

 

104.0000

 

 

 

100

 

104.0100

 

 

 

3,010

 

104.0150

 

 

 

200

 

104.0200

 

 

 

100

 

104.0260

 

 

 

300

 

104.0300

 

 

 

200

 

104.0325

 

 

 

2,100

 

104.0340

 

 

 

2,062

 

104.0450

 

 

 

1,821

 

104.0500

 

 

 

300

 

104.0510

 

 

 

100

 

104.0520

 

 

 

700

 

104.0540

 

 

 

2,931

 

104.0550

 

 

 

3,170

 

104.0600

 

 

 

100

 

104.0625

 

 

 

300

 

104.0650

 

 

 

1,500

 

104.0700

 

 

 

1,701

 

104.0750

 

 

 

2,194

 

104.0800

 

 

 

400

 

104.0810

 

 

 

400

 

104.0840

 

 

 

7,513

 

104.0850

 

 

 

18,328

 

104.0900

 

 

 

2,200

 

104.0910

 

 

 

1,200

 

104.0920

 

 

 

2,500

 

104.0925

 

 

 

11,483

 

104.0950

 

 

 

65,908

 

104.1000

 

 

 

300

 

104.1100

 

 

 

300

 

104.1130

 

 

 

2,338

 

104.1150

 

 

 

756

 

104.1200

 

 

 

300

 

104.1230

 

 

 

700

 

104.1250

 

 

 

1,000

 

104.1300

 

 

 

3,406

 

104.1350

 

 

 

3,100

 

104.1400

 

 

5



 

 

 

600

 

104.1450

 

 

 

1,500

 

104.1500

 

 

 

700

 

104.1700

 

 

 

100

 

104.1750

 

 

 

700

 

104.1800

 

 

 

1,485

 

104.1850

 

 

 

4,930

 

104.1900

 

 

 

1,419

 

104.1950

 

 

 

4,661

 

104.2000

 

May 9, 2014

 

400

 

103.5000

 

 

 

100

 

103.6400

 

 

 

100

 

103.6650

 

 

 

100

 

103.6700

 

 

 

300

 

103.6750

 

 

 

99

 

103.7000

 

 

 

300

 

103.7400

 

 

 

100

 

103.7450

 

 

 

807

 

103.7500

 

 

 

100

 

103.7540

 

 

 

100

 

103.7600

 

 

 

3

 

103.7700

 

 

 

302

 

103.7800

 

 

 

100

 

103.7830

 

 

 

200

 

103.7900

 

 

 

100

 

103.7990

 

 

 

100

 

103.8000

 

 

 

300

 

103.8060

 

 

 

660

 

103.8100

 

 

 

200

 

103.8200

 

 

 

800

 

103.8250

 

 

 

2,064

 

103.8300

 

 

 

300

 

103.8350

 

 

 

300

 

103.8450

 

 

 

300

 

103.8500

 

 

 

400

 

103.8550

 

 

 

2,700

 

103.8600

 

 

 

300

 

103.8650

 

 

 

700

 

103.8700

 

 

 

300

 

103.8750

 

 

 

100

 

103.8800

 

 

 

100

 

103.8850

 

 

 

600

 

103.8900

 

 

 

1,600

 

103.8950

 

 

 

996

 

103.9000

 

 

 

29,464

 

104.0000

 

 

6



 

 

 

100

 

104.8600

 

 

 

800

 

104.9250

 

 

 

500

 

104.9300

 

 

 

200

 

104.9500

 

 

 

1,000

 

104.9650

 

 

 

100

 

104.9750

 

 

 

4,100

 

104.9800

 

 

 

700

 

104.9850

 

 

 

1,100

 

104.9900

 

 

 

1,200

 

104.9950

 

 

 

15,900

 

105.0000

 

 

 

900

 

105.0800

 

 

 

100

 

105.1400

 

 

 

100

 

105.1500

 

 

 

200

 

105.2500

 

 

 

100

 

105.2800

 

 

 

100

 

105.3000

 

 

 

100

 

105.3100

 

 

 

200

 

105.3200

 

 

 

200

 

105.3300

 

 

 

3

 

105.3800

 

 

 

197

 

105.4100

 

 

 

200

 

105.4800

 

 

 

200

 

105.4900

 

 

 

200

 

105.5300

 

 

 

100

 

105.5800

 

 

 

300

 

105.5900

 

 

 

300

 

105.6900

 

 

 

400

 

105.8600

 

 

 

400

 

105.9000

 

 

 

200

 

105.9200

 

 

 

200

 

105.9400

 

 

 

100

 

105.9700

 

 

 

500

 

105.9800

 

 

 

700

 

106.0000

 

 

 

100

 

106.0300

 

 

 

1,500

 

106.0600

 

 

 

500

 

106.1100

 

 

 

1,500

 

106.1300

 

 

 

100

 

106.1350

 

 

 

4,597

 

106.1400

 

 

 

800

 

106.1500

 

 

 

100

 

106.1550

 

 

 

200

 

106.1600

 

 

 

100

 

106.1650

 

 

7



 

 

 

200

 

106.1700

 

 

 

300

 

106.1750

 

 

 

400

 

106.1800

 

 

 

1

 

106.1900

 

 

 

999

 

106.2000

 

 

 

500

 

106.2050

 

 

 

700

 

106.2100

 

 

 

1,878

 

106.2200

 

 

 

100

 

106.2225

 

 

 

400

 

106.2250

 

 

 

478

 

106.2300

 

 

 

430

 

106.2350

 

 

 

1,500

 

106.2400

 

 

 

3,000

 

106.2450

 

 

 

2,489

 

106.2500

 

 

 

1,400

 

106.2600

 

 

 

1,100

 

106.2650

 

 

 

300

 

106.2700

 

 

 

300

 

106.2800

 

 

 

200

 

106.2900

 

 

 

25

 

106.2950

 

 

 

3,117

 

106.3000

 

 

 

200

 

106.3025

 

 

 

700

 

106.3050

 

 

 

500

 

106.3060

 

 

 

200

 

106.3075

 

 

 

3,638

 

106.3100

 

 

 

800

 

106.3150

 

 

 

1,976

 

106.3200

 

 

 

2,130

 

106.3250

 

 

 

5,536

 

106.3300

 

 

 

600

 

106.3340

 

 

 

300

 

106.3350

 

 

 

7,453

 

106.3400

 

 

 

1,000

 

106.3450

 

 

 

10,257

 

106.3500

 

 

 

2,048

 

106.3550

 

 

 

2,400

 

106.3600

 

 

 

1,794

 

106.3650

 

 

 

1,600

 

106.3700

 

 

 

200

 

106.3750

 

 

 

1,700

 

106.3800

 

 

 

800

 

106.3850

 

 

 

1,000

 

106.3900

 

 

 

528

 

106.3950

 

 

8



 

 

 

4,259

 

106.4000

 

 

 

100

 

106.4050

 

 

 

3,902

 

106.4100

 

 

 

1,100

 

106.4150

 

 

 

1,780

 

106.4200

 

 

 

300

 

106.4250

 

 

 

5,476

 

106.4300

 

 

 

800

 

106.4350

 

 

 

5,812

 

106.4400

 

 

 

2,687

 

106.4450

 

 

 

6,026

 

106.4500

 

 

 

1,373

 

106.4550

 

 

 

8,053

 

106.4600

 

 

 

800

 

106.4650

 

 

 

100

 

106.4675

 

 

 

3,662

 

106.4700

 

 

 

5,599

 

106.4750

 

 

 

6,369

 

106.4800

 

 

 

659

 

106.4850

 

 

 

5,466

 

106.4900

 

 

 

2,659

 

106.4950

 

 

 

16,052

 

106.5000

 

 

 

776

 

106.5100

 

 

 

100

 

106.5200

 

 

 

1,100

 

106.5300

 

 

 

400

 

106.5400

 

 

 

100

 

106.5450

 

 

 

608

 

106.5500

 

 

 

800

 

106.5600

 

 

 

2,172

 

106.5700

 

 

 

200

 

106.5800

 

 

 

18

 

106.5900

 

 

 

418

 

106.6000

 

 

 

228

 

106.6050

 

 

 

1,179

 

106.6100

 

 

 

270

 

106.6200

 

 

 

100

 

106.6250

 

 

 

2,216

 

106.6300

 

 

 

300

 

106.6350

 

 

 

836

 

106.6400

 

 

 

200

 

106.6450

 

 

 

2,170

 

106.6500

 

 

 

400

 

106.6550

 

 

 

2,135

 

106.6600

 

 

 

200

 

106.6650

 

 

9



 

 

 

2,500

 

106.6700

 

 

 

100

 

106.6750

 

 

 

5,612

 

106.6800

 

 

 

400

 

106.6825

 

 

 

300

 

106.6850

 

 

 

100

 

106.6875

 

 

 

1,184

 

106.6900

 

 

 

5,228

 

106.7000

 

 

 

500

 

106.7050

 

 

 

3,594

 

106.7100

 

 

 

2,300

 

106.7150

 

 

 

10,711

 

106.7200

 

 

 

900

 

106.7220

 

 

 

100

 

106.7250

 

 

 

4,149

 

106.7300

 

 

 

200

 

106.7350

 

 

 

8,404

 

106.7400

 

 

 

200

 

106.7450

 

 

 

15,313

 

106.7500

 

 

 

200

 

106.7520

 

 

 

100

 

106.7550

 

 

 

7,068

 

106.7600

 

 

 

100

 

106.7690

 

 

 

3,119

 

106.7700

 

 

 

3,301

 

106.7800

 

 

 

600

 

106.7850

 

 

 

2,270

 

106.7900

 

 

 

3,600

 

106.7950

 

 

 

2,870

 

106.8000

 

 

 

100

 

106.8050

 

 

 

5,010

 

106.8100

 

 

 

200

 

106.8150

 

 

 

4,909

 

106.8200

 

 

 

500

 

106.8240

 

 

 

400

 

106.8250

 

 

 

1,034

 

106.8300

 

 

 

1,500

 

106.8350

 

 

 

2,999

 

106.8400

 

 

 

1,491

 

106.8500

 

 

 

692

 

106.8600

 

 

 

1,678

 

106.8700

 

 

 

2,579

 

106.8800

 

 

 

4,121

 

106.8900

 

 

 

2,454

 

106.9000

 

 

 

300

 

106.9050

 

 

10



 

 

 

2,824

 

106.9100

 

 

 

1,757

 

106.9200

 

 

 

100

 

106.9250

 

 

 

3,394

 

106.9300

 

 

 

200

 

106.9325

 

 

 

200

 

106.9350

 

 

 

1,043

 

106.9400

 

 

 

2,618

 

106.9450

 

 

 

7,549

 

106.9500

 

 

 

400

 

106.9550

 

 

 

3,200

 

106.9600

 

 

 

1,624

 

106.9650

 

 

 

4,510

 

106.9700

 

 

 

1,432

 

106.9750

 

 

 

4,699

 

106.9800

 

 

 

826

 

106.9850

 

 

 

5,200

 

106.9900

 

 

 

200

 

106.9950

 

 

 

46,818

 

107.0000

 

 

 

1,800

 

107.0100

 

 

 

2,544

 

107.0200

 

 

 

300

 

107.0250

 

 

 

3,800

 

107.0300

 

 

 

300

 

107.0350

 

 

 

3,498

 

107.0400

 

 

 

100

 

107.0450

 

 

 

3,309

 

107.0500

 

 

 

5,091

 

107.0600

 

 

 

100

 

107.0650

 

 

 

5,342

 

107.0700

 

 

 

400

 

107.0750

 

 

 

3,414

 

107.0800

 

 

 

600

 

107.0840

 

 

 

200

 

107.0850

 

 

 

6,212

 

107.0900

 

 

 

600

 

107.0950

 

 

 

3,896

 

107.1000

 

 

 

200

 

107.1050

 

 

 

7,560

 

107.1100

 

 

 

100

 

107.1150

 

 

 

2,521

 

107.1200

 

 

 

100

 

107.1250

 

 

 

3,254

 

107.1300

 

 

 

100

 

107.1350

 

 

 

3,319

 

107.1400

 

 

11



 

 

 

1,102

 

107.1500

 

 

 

900

 

107.1550

 

 

 

551

 

107.1600

 

 

 

300

 

107.1700

 

 

 

1,000

 

107.1800

 

 

 

100

 

107.1850

 

 

 

2,300

 

107.1900

 

 

 

1,200

 

107.1950

 

 

 

1,202

 

107.2000

 

 

 

100

 

107.2050

 

 

 

800

 

107.2100

 

 

 

1,320

 

107.2200

 

 

 

200

 

107.2250

 

 

 

1,107

 

107.2300

 

 

 

400

 

107.2350

 

 

 

1,392

 

107.2400

 

 

 

367

 

107.2450

 

 

 

6,591

 

107.2500

 

 

 

100

 

107.2550

 

 

 

100

 

107.2600

 

 

 

400

 

107.2700

 

 

 

100

 

107.2900

 

 

 

400

 

107.3000

 

 

 

300

 

107.3100

 

 

 

200

 

107.3200

 

 

 

200

 

107.3250

 

 

 

300

 

107.3300

 

 

 

1,233

 

107.3400

 

 

 

1,900

 

107.3500

 

 

 

1,001

 

107.3600

 

 

 

100

 

107.3650

 

 

 

700

 

107.3700

 

 

 

1,200

 

107.3800

 

 

 

1,040

 

107.3900

 

 

 

400

 

107.4000

 

 

 

321

 

107.4100

 

 

 

500

 

107.4200

 

 

 

168

 

107.4300

 

 

 

100

 

107.4350

 

 

 

500

 

107.4400

 

 

 

200

 

107.4450

 

 

 

1,602

 

107.4500

 

 

 

100

 

107.4550

 

 

 

100

 

107.4560

 

 

 

2,298

 

107.4600

 

 

12



 

 

 

700

 

107.4650

 

 

 

1,500

 

107.4700

 

 

 

100

 

107.4750

 

 

 

3,509

 

107.4800

 

 

 

274

 

107.4850

 

 

 

1,700

 

107.4900

 

 

 

100

 

107.4950

 

 

 

46,654

 

107.5000

 

 

 

200

 

107.5100

 

 

 

300

 

107.5200

 

 

 

400

 

107.5300

 

 

 

1,406

 

107.5400

 

 

 

300

 

107.5450

 

 

 

2,000

 

107.5500

 

 

 

300

 

107.5550

 

 

 

864

 

107.5600

 

 

 

830

 

107.5700

 

 

 

1,000

 

107.5800

 

 

 

1,224

 

107.5900

 

 

 

100

 

107.5950

 

 

 

200

 

107.6000

 

 

 

2,975

 

107.6100

 

 

 

700

 

107.6200

 

 

 

1,200

 

107.6300

 

 

 

700

 

107.6400

 

 

 

200

 

107.6500

 

 

 

300

 

107.6700

 

 

 

300

 

107.6800

 

 

 

1,200

 

107.6900

 

 

 

300

 

107.7000

 

 

 

900

 

107.7200

 

 

 

600

 

107.7300

 

 

 

100

 

107.7400

 

 

 

200

 

107.7425

 

 

 

300

 

107.7500

 

 

 

400

 

107.7550

 

 

 

300

 

107.7650

 

 

 

200

 

107.7700

 

 

 

300

 

107.7750

 

 

 

1,000

 

107.7800

 

 

 

100

 

107.7900

 

 

 

100

 

107.8125

 

 

 

100

 

107.8200

 

 

 

100

 

107.8250

 

 

 

600

 

107.8300

 

 

13



 

 

 

200

 

107.8450

 

 

 

1,000

 

107.8600

 

 

 

100

 

107.8620

 

 

 

3,320

 

107.8700

 

 

 

200

 

107.8750

 

 

 

400

 

107.8800

 

 

 

631

 

107.8900

 

 

 

1,188

 

107.8950

 

 

 

400

 

107.9000

 

 

 

958

 

107.9050

 

 

 

300

 

107.9100

 

 

 

1,000

 

107.9200

 

 

 

100

 

107.9250

 

 

 

200

 

107.9300

 

 

 

300

 

107.9330

 

 

 

269

 

107.9350

 

 

 

200

 

107.9375

 

 

 

400

 

107.9400

 

 

 

700

 

107.9450

 

 

 

4,135

 

107.9500

 

 

 

400

 

107.9550

 

 

 

500

 

107.9600

 

 

 

6,400

 

107.9650

 

 

 

3,438

 

107.9700

 

 

 

200

 

107.9750

 

 

 

1,050

 

107.9800

 

 

 

100

 

107.9825

 

 

 

1,539

 

107.9850

 

 

 

1,609

 

107.9900

 

 

 

100

 

107.9950

 

 

 

15,878

 

108.0000

 

 

 

100

 

108.0150

 

 

 

300

 

108.0250

 

 

 

4,100

 

108.0300

 

 

 

5,793

 

108.0350

 

 

 

3,000

 

108.0400

 

 

 

2,600

 

108.0450

 

 

 

4,507

 

108.0500

 

 

 

600

 

108.0550

 

 

 

2,600

 

108.0600

 

 

 

300

 

108.0650

 

 

 

3,100

 

108.0700

 

 

 

2,600

 

108.0750

 

 

 

900

 

108.0800

 

 

 

400

 

108.0850

 

 

14



 

 

 

1,200

 

108.0900

 

 

 

500

 

108.0950

 

 

 

400

 

108.1000

 

 

 

3,200

 

108.1100

 

 

 

100

 

108.1150

 

 

 

3,700

 

108.1200

 

 

 

1,198

 

108.1250

 

 

 

600

 

108.1300

 

 

 

2,430

 

108.1400

 

 

 

890

 

108.1500

 

 

 

100

 

108.1550

 

 

 

320

 

108.1600

 

 

 

2,428

 

108.1700

 

 

 

2,800

 

108.1800

 

 

 

650

 

108.1850

 

 

 

2,960

 

108.1900

 

 

 

100

 

108.1950

 

 

 

1,300

 

108.2000

 

 

 

101

 

108.2050

 

 

 

1,100

 

108.2100

 

 

 

500

 

108.2200

 

 

 

2,300

 

108.2300

 

 

 

1,395

 

108.2350

 

 

 

3,463

 

108.2400

 

 

 

500

 

108.2425

 

 

 

800

 

108.2450

 

 

 

21,229

 

108.2500

 

 

 

4,900

 

108.2760

 

 

 

1,000

 

108.2840

 

 

 

400

 

108.2900

 

 

 

306

 

108.2950

 

 

 

1,200

 

108.3000

 

 

 

1,400

 

108.3100

 

 

 

800

 

108.3200

 

 

 

300

 

108.3250

 

 

 

1,000

 

108.3300

 

 

 

200

 

108.3600

 

 

 

1,500

 

108.3625

 

 

 

2,347

 

108.3650

 

 

 

12,528

 

108.3700

 

 

 

2,000

 

108.3725

 

 

 

3,500

 

108.3750

 

 

 

5,434

 

108.3800

 

 

 

1,117

 

108.3850

 

 

 

313

 

108.3920

 

 

15



 

 

 

900

 

108.3950

 

 

 

1,663

 

108.4000

 

 

 

100

 

108.4020

 

 

 

2,427

 

108.4150

 

 

 

100

 

108.4210

 

 

 

200

 

108.4230

 

 

 

100

 

108.4275

 

 

 

1,050

 

108.4350

 

 

 

200

 

108.4425

 

 

 

522

 

108.4450

 

 

 

1,400

 

108.4800

 

 

 

115

 

108.4820

 

 

 

300

 

108.4850

 

 

 

300

 

108.4900

 

 

 

100

 

108.4950

 

 

 

46,270

 

108.5000

 

 

 

100

 

108.5050

 

 

 

2,300

 

108.5100

 

 

 

500

 

108.5200

 

 

 

100

 

108.5240

 

 

 

2,213

 

108.5250

 

 

 

1,600

 

108.5300

 

 

 

504

 

108.5350

 

 

 

2,402

 

108.5400

 

 

 

1,100

 

108.5450

 

 

 

1,494

 

108.5500

 

 

 

811

 

108.5550

 

 

 

1,200

 

108.5600

 

 

 

500

 

108.5650

 

 

 

100

 

108.5800

 

 

 

1,156

 

108.6000

 

 

16



 

May 12, 2014

 

100

 

107.6800

 

 

 

500

 

107.7825

 

 

 

1,800

 

107.7950

 

 

 

1,500

 

107.8025

 

 

 

199,900

 

107.8050

 

 

 

500

 

107.8250

 

 

 

200

 

107.8300

 

 

 

300

 

107.8360

 

 

 

1,000

 

107.8400

 

 

 

112

 

107.8450

 

 

 

800

 

107.8475

 

 

 

1,200

 

107.8500

 

 

 

1,619

 

107.8550

 

 

 

1,100

 

107.8600

 

 

 

4,156

 

107.8650

 

 

 

7,500

 

107.8700

 

 

 

1,000

 

107.8725

 

 

 

500

 

107.8750

 

 

 

4,910

 

107.8800

 

 

 

1,465

 

107.8850

 

 

 

1,300

 

107.8900

 

 

 

300

 

107.8920

 

 

 

2,300

 

107.8950

 

 

 

11,368

 

107.9000

 

 

 

100

 

107.9040

 

 

 

9,200

 

107.9100

 

 

 

300

 

107.9150

 

 

 

300

 

107.9350

 

 

 

5,735

 

107.9400

 

 

 

251,300

 

107.9450

 

 

 

1,825

 

107.9500

 

 

 

44,570

 

107.9550

 

 

 

2,600

 

107.9600

 

 

 

200

 

107.9650

 

 

 

1,345

 

107.9700

 

 

 

1,100

 

107.9750

 

 

 

1,500

 

107.9760

 

 

 

1,300

 

107.9800

 

 

 

10,900

 

107.9850

 

 

 

1,200

 

107.9900

 

 

 

600

 

107.9950

 

 

 

87,789

 

108.0000

 

 

 

400

 

108.1850

 

 

 

100

 

108.3150

 

 

 

3,000

 

108.3400

 

 

 

400

 

108.3600

 

 

 

200

 

108.3900

 

 

17



 

 

 

1,299

 

108.3950

 

 

 

300

 

108.4150

 

 

 

100

 

108.4250

 

 

 

100

 

108.4300

 

 

 

300

 

108.4350

 

 

 

200

 

108.4400

 

 

 

500

 

108.4500

 

 

 

600

 

108.4600

 

 

 

500

 

108.4700

 

 

 

100

 

108.4750

 

 

 

1,000

 

108.4900

 

 

 

300

 

108.4950

 

 

 

19,843

 

108.5000

 

 

 

100

 

108.6300

 

 

 

100

 

108.6350

 

 

 

400

 

108.6400

 

 

 

300

 

108.6450

 

 

 

994

 

108.6500

 

 

 

200

 

108.6550

 

 

 

800

 

108.6600

 

 

 

489

 

108.6700

 

 

 

200

 

108.7000

 

 

 

100

 

108.7100

 

 

 

200

 

108.7150

 

 

 

2,300

 

108.7200

 

 

 

8,000

 

108.7275

 

 

 

100

 

108.7300

 

 

 

2,705

 

108.7350

 

 

 

2,113

 

108.7400

 

 

 

1,901

 

108.7450

 

 

 

11,454

 

108.7500

 

 

 

1,600

 

108.7600

 

 

 

200

 

108.7700

 

 

 

50,900

 

108.7800

 

 

 

300

 

108.7850

 

 

 

300

 

108.7900

 

 

 

70,000

 

108.7950

 

 

 

200

 

108.8000

 

 

 

4,000

 

108.8050

 

 

 

500

 

108.8100

 

 

 

600

 

108.8200

 

 

 

466

 

108.8300

 

 

 

1,601

 

108.8350

 

 

 

5,334

 

108.8400

 

 

 

100

 

108.8450

 

 

 

1,500

 

108.8500

 

 

18



 

 

 

900

 

108.8550

 

 

 

1,700

 

108.8600

 

 

 

400

 

108.8650

 

 

 

2,300

 

108.8700

 

 

 

1,700

 

108.8800

 

 

 

1,000

 

108.8850

 

 

 

500

 

108.9000

 

 

 

2,814

 

108.9050

 

 

 

1,300

 

108.9100

 

 

 

1,500

 

108.9200

 

 

 

601

 

108.9250

 

 

 

200

 

108.9300

 

 

 

1,066

 

108.9350

 

 

 

5,700

 

108.9400

 

 

 

4,601

 

108.9450

 

 

 

700

 

108.9500

 

 

 

2,689

 

108.9550

 

 

 

23,400

 

108.9600

 

 

 

700

 

108.9650

 

 

 

3,625

 

108.9700

 

 

 

1,130

 

108.9750

 

 

 

1,508

 

108.9800

 

 

 

100

 

108.9840

 

 

 

1,604

 

108.9850

 

 

 

8,551

 

108.9900

 

 

 

6,147

 

108.9950

 

 

 

74,652

 

109.0000

 

 

 

100

 

109.0100

 

 

 

400

 

109.0150

 

 

 

400

 

109.0550

 

 

 

100

 

109.0600

 

 

 

500

 

109.1000

 

 

 

100

 

109.1300

 

 

 

100

 

109.1500

 

 

 

100

 

109.1700

 

 

 

528

 

109.1750

 

 

 

898

 

109.1800

 

 

 

425

 

109.1850

 

 

 

1,500

 

109.1900

 

 

 

300

 

109.1950

 

 

 

5,000

 

109.2000

 

 

 

3,200

 

109.2050

 

 

 

600

 

109.2100

 

 

 

1,700

 

109.2150

 

 

 

699

 

109.2200

 

 

 

2,004

 

109.2250

 

 

19



 

 

 

2,800

 

109.2300

 

 

 

1,600

 

109.2350

 

 

 

3,815

 

109.2400

 

 

 

15,604

 

109.2450

 

 

 

44,923

 

109.2500

 

 

 

431

 

109.2800

 

 

 

5,000

 

109.3400

 

 

 

5,000

 

109.3500

 

 

 

100

 

109.3650

 

 

 

200

 

109.3800

 

 

 

3,792

 

109.3850

 

 

 

3

 

109.3900

 

 

 

100

 

109.4000

 

 

 

3,900

 

109.4050

 

 

 

1,197

 

109.4100

 

 

 

100

 

109.4200

 

 

 

1,500

 

109.4250

 

 

 

304

 

109.4300

 

 

 

1,296

 

109.4350

 

 

 

400

 

109.4400

 

 

 

396

 

109.4500

 

 

 

492

 

109.4600

 

 

 

701

 

109.4650

 

 

 

725

 

109.4700

 

 

 

300

 

109.4710

 

 

 

1,600

 

109.4750

 

 

 

1,830

 

109.4800

 

 

 

4,031

 

109.4850

 

 

 

3,306

 

109.4900

 

 

 

4,206

 

109.4950

 

 

 

11,962

 

109.5000

 

 

 

700

 

109.5100

 

 

 

900

 

109.5200

 

 

 

800

 

109.5400

 

 

 

700

 

109.5500

 

 

 

276

 

109.5600

 

 

 

100

 

109.5650

 

 

 

2,105

 

109.5700

 

 

 

500

 

109.5800

 

 

 

1,095

 

109.5900

 

 

 

1,600

 

109.6000

 

 

 

300

 

109.6200

 

 

 

1,300

 

109.6300

 

 

 

200

 

109.6400

 

 

 

600

 

109.6500

 

 

 

900

 

109.6600

 

 

20



 

 

 

300

 

109.6700

 

 

 

900

 

109.6800

 

 

 

200

 

109.6900

 

 

 

5,600

 

109.7000

 

 

 

400

 

109.7750

 

 

 

100

 

109.7800

 

 

 

100

 

109.7850

 

 

 

200

 

109.7900

 

 

 

100

 

109.8000

 

 

 

200

 

109.8050

 

 

 

2,000

 

109.8500

 

 

 

100

 

109.8750

 

 

 

800

 

109.8900

 

 

 

100

 

109.8950

 

 

 

100

 

109.9050

 

 

 

100

 

109.9150

 

 

 

100

 

109.9200

 

 

 

700

 

109.9210

 

 

 

1,200

 

109.9250

 

 

 

400

 

109.9300

 

 

 

200

 

109.9400

 

 

 

301

 

109.9450

 

 

 

200

 

109.9500

 

 

 

1,100

 

109.9550

 

 

 

3,300

 

109.9600

 

 

 

1,605

 

109.9650

 

 

 

3,800

 

109.9700

 

 

 

100

 

109.9740

 

 

 

2,206

 

109.9750

 

 

 

5,400

 

109.9800

 

 

 

100

 

109.9825

 

 

 

4,921

 

109.9850

 

 

 

10,336

 

109.9900

 

 

 

6,102

 

109.9950

 

 

 

27,758

 

110.0000

 

 

 

300

 

110.0200

 

 

 

200

 

110.0300

 

 

 

100

 

110.0400

 

 

 

400

 

110.0600

 

 

 

700

 

110.1000

 

 

 

912

 

110.1200

 

 

 

500

 

110.1300

 

 

 

100

 

110.1400

 

 

 

100

 

110.1450

 

 

 

1,100

 

110.1550

 

 

 

500

 

110.1700

 

 

21



 

 

 

400

 

110.1750

 

 

 

832

 

110.1800

 

 

 

700

 

110.1850

 

 

 

500

 

110.1900

 

 

 

200

 

110.2000

 

 

 

4,773

 

110.2050

 

 

 

700

 

110.2100

 

 

 

300

 

110.2200

 

 

 

100

 

110.2300

 

 

 

6,518

 

110.2350

 

 

 

550

 

110.2400

 

 

 

100

 

110.2450

 

 

 

13,630

 

110.2500

 

 

 

20,000

 

110.3500

 

 

 

10,000

 

110.4100

 

 

 

20,000

 

110.4600

 

 

 

50,109

 

110.4700

 

 

 

100

 

110.4900

 

 

 

8,000

 

110.4920

 

 

 

11,650

 

110.4950

 

 

 

24,226

 

110.5000

 

 

 

200,000

 

110.7100

 

 

22


EX-99.5 3 a14-12523_1ex99d5.htm EX-99.5

Exhibit 99.5

 

Execution Version

 

May 12, 2014

 

To:                                                                             Atlantic Industries

135 South Church Street

George Town, Grand Cayman, Cayman Islands, BWI

Facsimile:            (404) 598-6913

Attention:             Christopher Nolan

 

From:                                                               Credit Suisse Capital LLC

c/o Credit Suisse Securities (USA) LLC

Eleven Madison Avenue

New York, NY  10010

 

Re:                                                                             Share Purchase Transaction

 

Dear Sirs and Mesdames,

 

This letter agreement (this “Confirmation”) sets forth the terms and conditions of the share purchase transaction (the “Transaction”) entered into between Atlantic Industries (“Counterparty”) and Credit Suisse Capital LLC (“CS”), represented by Credit Suisse Securities (USA) LLC (“Agent”) as its agent, on the Trade Date specified below.  This Confirmation constitutes a “Confirmation” under the Agreement specified below.

 

1.                                      The definitions and provisions contained in the 2002 ISDA Equity Derivatives Definitions (the “Definitions”) (as published by the International Swaps and Derivatives Association, Inc.) are incorporated into this Confirmation.  The Transaction shall be deemed to be a “Share Forward Transaction” for purposes of the Definitions.  This Confirmation evidences a complete and binding agreement between Counterparty and CS as to the terms of the Transaction.

 

This Confirmation supplements, forms part of and is subject to an agreement (the “Agreement”) in the form of the 2002 ISDA Master Agreement as if CS and Counterparty had executed an agreement in such form (without any Schedule except for (i) the election of New York law (without reference to its choice of laws doctrine other than Title 14 of Article 5 of the New York General Obligations Law) as the governing law and United States Dollars (“USD”) as the Termination Currency and (ii) the election that the “Cross Default” provisions of Section 5(a)(vi) shall apply to each of CS and Counterparty as if (x) the phrase “, or becoming capable at such time of being declared,” were deleted from Section 5(a)(vi)(1) of the Agreement and (y) the “Threshold Amount” with respect to each of CS and Counterparty were USD250 million).  If there is any inconsistency among the Agreement, this Confirmation and the Definitions, the following will prevail in the order of precedence indicated: (i) this Confirmation; (ii) the Definitions; and (iii) the Agreement.

 

2.                                      The terms of the Transaction to which this Confirmation relates are as follows:

 

General Terms:

 

Trade Date:

 

May 12, 2014

 

 

 

Buyer:

 

Counterparty

 

1



 

Seller:

 

CS

 

 

 

Issuer:

 

Keurig Green Mountain, Inc.

 

 

 

Shares:

 

The common stock, par value USD0.10, of Issuer (Exchange symbol: GMCR)

 

 

 

Exchange:

 

The NASDAQ Global Select Market

 

 

 

Related Exchange:

 

All Exchanges

 

 

 

Prepayment / Variable Obligation:

 

Not Applicable

 

 

 

Settlement Terms:

 

 

 

 

 

Physical Settlement:

 

Applicable. With respect to any Shares delivered by CS under the Transaction, the Representation and Agreement contained in Section 9.11 of the Definitions shall be modified by excluding any representations therein relating to restrictions, obligations, limitations or requirements under applicable securities laws that would arise to the extent that Counterparty were, and as a result of Counterparty being, deemed to be an “affiliate” of Issuer (as such term is used in the Securities Act of 1933, as amended (the “Securities Act”)).

 

 

 

Number of Shares:

 

The lesser of (a) 6,548,041 and (b) the number of Shares that, together with (x) the 16,684,139 Shares purchased by Counterparty pursuant to the Stock Purchase Agreement with Issuer dated February 4, 2014 and (y) the 2,805,591 Shares purchased by Counterparty through Agent as agent from, and including, May 8, 2014 to, and including, the Trade Date (such Shares described in clauses (x) and (y) and any Shares received by Counterparty in respect of such Shares as a result of stock splits, stock dividends or similar events, the “Owned Shares”), equals 16% of the outstanding Shares, as reported in the most recent report filed by Issuer with the Securities and Exchange Commission containing such information as of such time (rounded down to the nearest whole number of Shares) (the “Ownership Limit”).  If the Number of Shares is less than 6,548,041, then the Calculation Agent may make adjustments to the other terms of the Transaction as appropriate to account for the economic effect of such occurrence.  Notwithstanding any other provision of this Confirmation, the Definitions or the Agreement to the contrary, in no event shall the Number of Shares be increased so that the Number of Shares, together with the Owned Shares, exceeds the Ownership Limit.

 

 

 

Calculation Period:

 

The period commencing on and including the third Scheduled Trading Day immediately following the Trade Date and ending on and including the Termination Date.

 

2



 

Settlement Date:

 

The date one Settlement Cycle immediately following the Termination Date.

 

 

 

Termination Date:

 

The earlier of (x) the Scheduled Termination Date and (y) any Exchange Business Day (the “Accelerated Termination Date”) designated by CS in its sole discretion by notice to Counterparty prior to 11:59 p.m. (New York City time) on the designated Accelerated Termination Date.

 

 

 

Scheduled Termination Date:

 

February 13, 2015

 

 

 

Number of Shares to be Delivered:

 

Number of Shares

 

 

 

Forward Price:

 

The product of (x) the arithmetic average of the Daily VWAPs for the Exchange Business Days in the Calculation Period, subject to “Valuation Disruption” below, and (y) (A) 1 plus (B) the Forward Price Adjustment Factor.

 

 

 

Daily VWAP:

 

For each Valuation Date, the volume-weighted average price per Share on such day as published on Bloomberg Page “GMCR <Equity> AQR” or any successor page thereto, or if such price is not so reported on such Valuation Date for any reason or is manifestly erroneous, as determined by the Calculation Agent.

 

 

 

Forward Price Adjustment Factor:

 

Such amount as may be agreed between the parties from time to time.

 

 

 

Valuation Disruption:

 

If a Disrupted Day occurs during the Calculation Period, CS may, by written notice to Counterparty, postpone the Scheduled Termination Date by up to one Scheduled Trading Day for each such Disrupted Day. The Calculation Agent shall also determine whether any such Disrupted Day (i) is a Disrupted Day in full, in which case the Daily VWAP for such Disrupted Day shall not be included for purposes of determining the Forward Price, or (ii) is a Disrupted Day only in part, in which case the Daily VWAP for such Disrupted Day shall be determined by the Calculation Agent using a volume-weighted method based on transactions in the Shares on such Disrupted Day taking into account the nature and duration of the relevant Market Disruption Event, and the Forward Price shall be determined by the Calculation Agent based on an appropriately weighted average of the Daily VWAPs for the Exchange Business Days in the Calculation Period instead of an arithmetic average.

 

 

 

 

 

Any Exchange Business Day on which, as of the date hereof, the Exchange is scheduled to close prior to its normal close of trading shall be deemed not to be an Exchange Business Day; if a closure of the Exchange prior to its normal close of trading on any Exchange Business Day is scheduled following the

 

3



 

 

 

date hereof, then such Exchange Business Day shall be deemed to be a Disrupted Day in full.

 

 

 

 

 

If a Disrupted Day occurs during the Calculation Period, and each of the nine immediately following Scheduled Trading Days is a Disrupted Day, then the Calculation Agent shall deem such ninth Scheduled Trading Day to be an Exchange Business Day that is not a Disrupted Day.

 

 

 

Market Disruption Events:

 

Section 6.3(a) of the Equity Definitions is hereby amended (A) by deleting the words “during the one hour period that ends at the relevant Valuation Time, Latest Exercise Time, Knock-in Valuation Time or Knock-out Valuation Time, as the case may be” in clause (ii) thereof, and (B) by replacing the words “or (iii) an Early Closure.” therein with “(iii) an Early Closure, or (iv) a Regulatory Disruption.”

 

 

 

 

 

Section 6.3(d) of the Equity Definitions is hereby amended by deleting the remainder of the provision following the term “Scheduled Closing Time” in the fourth line thereof.

 

 

 

Regulatory Disruption:

 

Any event that CS or its affiliates (collectively, “Credit Suisse”), in its discretion, determines, based on the advice of nationally recognized outside counsel, makes it advisable with regard to any legal, regulatory or self-regulatory requirements or related policies and procedures, applied generally by Credit Suisse in the relevant business on a non-discriminatory basis, for Credit Suisse to refrain from or decrease any market activity in connection with the Transaction.

 

 

 

Share Adjustments:

 

 

 

 

 

Method of Adjustment:

 

Calculation Agent Adjustment

 

 

 

 

 

For the avoidance of doubt, the Calculation Agent shall determine any adjustment by reference to a commercially reasonable hedge position that would be maintained by a hypothetical broker-dealer similarly situated to CS in respect of a transaction between such broker-dealer and Counterparty with the same terms as the Transaction and shall take into account any applicable withholding or deduction of taxes.

 

 

 

Extraordinary Dividend:

 

Any dividend or distribution on the Shares (other than any dividend or distribution of the type described in Section 11.2(e)(i) or Section 11.2(e)(ii)(A) or (B) of the Equity Definitions).

 

 

 

Extraordinary Events:

 

 

 

 

 

New Shares:

 

In the definition of New Shares in Section 12.1(i) of the Definitions, the text in clause (i) shall be deleted in its entirety and replaced with “publicly quoted, traded or listed on any of the New York Stock Exchange, the NASDAQ Global Select Market or the NASDAQ Global Market (or their respective successors)”.

 

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Consequences of Merger Events:

 

 

 

 

 

(a)  Share-for-Share:

 

Modified Calculation Agent Adjustment

 

 

 

(b)  Share-for-Other:

 

Cancellation and Payment

 

 

 

(c)  Share-for-Combined:

 

Component Adjustment

 

 

 

Tender Offer:

 

Applicable; provided that for purposes of Section 12.3(d) of the Definitions, references in the definition of “Tender Offer” in the Definitions to “10%” shall be replaced with “25%”.

 

 

 

Consequences of Tender Offer:

 

 

 

 

 

(a)  Share-for-Share:

 

Modified Calculation Agent Adjustment

 

 

 

(b)  Share-for-Other:

 

Modified Calculation Agent Adjustment

 

 

 

(c)  Share-for-Combined:

 

Modified Calculation Agent Adjustment

 

 

 

Nationalization, Insolvency or Delisting:

 

Cancellation and Payment; provided that in addition to the provisions of Section 12.6(a)(iii) of the Definitions, it shall also constitute a Delisting if the Shares are not immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, the NASDAQ Global Market or the NASDAQ Global Select Market (or their respective successors); if the Shares are immediately re-listed, re-traded or re-quoted on any such exchange or quotation system, such exchange or quotation system shall be deemed to be the Exchange.

 

 

 

Additional Disruption Events:

 

 

 

 

 

(a)           Change in Law:

 

Applicable; provided that Section 12.9(a)(ii) of the Equity Definitions is hereby amended by replacing the parenthetical beginning after the word “regulation” in the second line thereof with the phrase “(including, for the avoidance of doubt and without limitation, (x) any tax law or (y) adoption or promulgation of new regulations authorized or mandated by existing statute)”.

 

 

 

     (b)                  Insolvency Filing:

 

Applicable

 

 

 

     (c)                   Hedging Disruption:

 

Not Applicable

 

 

 

     (d)                  Increased Cost of Hedging:

 

Not Applicable

 

 

 

Hedging Party:

 

For all applicable events, CS

 

 

 

Determining Party:

 

For all applicable events, CS

 

 

 

Calculation Agent:

 

CS, whose determinations, adjustments and calculations in its capacity as Calculation Agent, as well as any determinations, adjustments or calculations by CS in its capacity as Determining Party, pursuant to this Confirmation, the

 

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Agreement and the Definitions shall be made in good faith and in a commercially reasonable manner; provided that, following the occurrence and during the continuation of an Event of Default pursuant to Section 5(a)(vii) of the Agreement with respect to which CS is the Defaulting Party, Counterparty shall have the right to designate an independent equity derivatives dealer to replace CS as Calculation Agent, the parties shall work in good faith to execute any appropriate documentation required by such replacement Calculation Agent and CS shall bear any reasonable costs incurred by Counterparty in connection with such replacement. In the event the Calculation Agent or Determining Party makes any calculation, adjustment or determination pursuant to this Confirmation, the Agreement or the Definitions, upon reasonable request by Counterparty, the Calculation Agent or Determining Party (as the case may be) shall promptly provide an explanation in reasonable detail of the basis for any such determination, adjustment or calculation (including any quotations, market data or information from external sources used in making such calculation, adjustment or determination, as the case may be, but without disclosing Calculation Agent’s or Determining Party’s (as the case may be) proprietary or confidential models or any other proprietary or confidential information).

 

 

 

 

 

The Calculation Agent shall use commercially reasonable efforts to make any adjustment required or, to the extent it makes any such adjustment, permitted to be made to the terms of the Transaction as promptly as reasonably practicable following the occurrence of the event giving rise to any such adjustment, and the Calculation Agent shall use commercially reasonable efforts to notify Counterparty of the event giving rise to such adjustment, the terms being adjusted and, for each term so adjusted, such term, in each case, as promptly as reasonably practicable after giving effect to such adjustment.

 

 

 

Non-Reliance:

 

Applicable

 

 

 

Agreements and Acknowledgments Regarding Hedging Activities:

 

Applicable

 

 

 

Additional Acknowledgments:

 

Applicable

 

3.                                      Additional Provisions Relating to Transactions in the Shares.

 

(a)                                 Counterparty acknowledges and agrees that CS may, during the period from and including the Trade Date to and including the earlier of (i) the Scheduled Termination Date and (ii) the date five Exchange Business Days immediately following the Termination Date (the “Relevant Period”), purchase Shares or enter into other hedging transactions in connection with the Transaction, but that CS is under no obligation to do so.  Any such purchases or other transactions will be conducted independently of Counterparty. The timing of any such purchases or other transactions by CS, the number of Shares purchased or volume or terms of other transactions effected by CS on any day, the price paid per Share pursuant to such purchases or other transactions and the manner in which such purchases are made or such other transactions are executed,

 

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including without limitation whether such purchases or other transactions are made on any securities exchange or privately, shall be within the absolute discretion of CS.  CS shall make any purchases in connection with the Transaction in a manner that it believes in good faith to be in accordance with applicable law.  Any losses or gains resulting from such activity will be for CS’s own account.  Notwithstanding anything herein to the contrary, CS agrees that it shall not, directly or indirectly, prior to the Settlement Date (or such earlier date of termination pursuant to Section 6 of the Agreement or Section 12 of the Definitions) sell any Shares or enter into a “put equivalent position”, as defined in Rule 16(a)-1(h) under the Exchange Act, with respect to Shares in connection with the Transaction (and other than the sale of the Shares to Counterparty pursuant to the terms hereof).

 

(b)           During the Relevant Period, without the prior written consent of CS, Counterparty and its Affiliates shall not, directly or indirectly (including, without limitation, by means of a cash-settled or other derivative instrument with a hedging, averaging, valuation or similar relevant period that overlaps with the Relevant Period) purchase or sell, offer to purchase or sell, place any bid or limit order that would effect a purchase or sale of, or commence any tender offer relating to, any Shares (or an equivalent interest, including a unit of beneficial interest in a trust or limited partnership or a depository share) or any security convertible into or exchangeable for Shares.

 

4.             Additional Representations, Warranties and Agreements.

 

(a)           In addition to the representations, warranties and agreements in the Agreement and those contained elsewhere in this Confirmation, Counterparty represents and warrants to and for the benefit of, and agrees with, CS as follows:

 

(i)            As of the Trade Date, neither Counterparty nor The Coca-Cola Company (“Parent”) is aware of any material nonpublic information regarding Issuer or the Shares.

 

(ii)           Counterparty is not entering into this Confirmation to create actual or apparent trading activity in the Shares (or any security convertible into or exchangeable for Shares) or to raise or depress or otherwise manipulate the price of the Shares (or any security convertible into or exchangeable for Shares) in violation of the Exchange Act.

 

(iii)          Counterparty is not and, after giving effect to the transactions contemplated hereby, will not be required to register as an “investment company” as such term is defined in the Investment Company Act of 1940, as amended.

 

(iv)          Counterparty is an “eligible contract participant” as defined in Section 1a(18) of the U.S. Commodity Exchange Act, as amended (the “CEA”), and is a “qualified investor” as that term is defined in the Exchange Act.

 

(b)           CS represents and warrants to Counterparty that:

 

(i)            It is an “eligible contract participant” as defined in Section 1a(18) of the CEA, and is a “qualified investor” as that term is defined in the Exchange Act.

 

(ii)           It is a “U.S. person” (as that term is used in section 1.1441-4(a)(3)(ii) of United States Treasury Regulations) for United States federal income tax purposes.

 

(c)           Counterparty acknowledges that the offer and sale of the Transaction to it is intended to be exempt from registration under the Securities Act by virtue of Section 4(a)(2) thereof.  Accordingly, Counterparty represents and warrants to CS that (i) it has the financial ability to bear the economic risk of its investment

 

7



 

in the Transaction and is able to bear a total loss of its investment, (ii) it is an “accredited investor” as that term is defined in Regulation D as promulgated under the Securities Act, (iii) it is entering into the Transaction for its own account and without a view to the distribution or resale thereof, and (iv) the assignment, transfer or other disposition of the Transaction has not been and will not be registered under the Securities Act and is restricted under the Agreement, the Securities Act and state securities laws.

 

(d)           Counterparty acknowledges that CS has informed Counterparty that CS is a “financial institution” and a “financial participant” within the meaning of Sections 101(22), 101(53C) and 101(22A) of Title 11 of the Bankruptcy Code (Title 11 of the United States Code) (the “Bankruptcy Code”).  The parties hereto further agree and acknowledge that it is the intent of the parties that this Confirmation is a “securities contract,” as such term is defined in Section 741(7) of the Bankruptcy Code, with respect to which each payment and delivery hereunder or in connection herewith is a “termination value,” “payment amount” or “other transfer obligation” within the meaning of Section 362 of the Bankruptcy Code and a “settlement payment,” within the meaning of Section 546 of the Bankruptcy Code and (B) CS is entitled to the protections afforded by, among other sections, Sections 362(b)(6), 362(o), 546(e), 548(d)(2), 555 and 561 of the Bankruptcy Code.

 

(e)           It is the intent of the parties that the Transaction comply with the requirements of Rule 10b5-1(c)(1)(i)(B) under the Exchange Act, and the parties agree that this Confirmation shall be interpreted to comply with the requirements of such Rule.  Without limiting the generality of the preceding sentence, Counterparty acknowledges and agrees that, subject to CS’s obligations in Section 3(a) hereof, (A) Counterparty does not have, and shall not attempt to exercise, any influence over how, when or whether CS effects any purchases of Shares or enters into any other hedging transactions in connection with the Transaction, (B) during the Relevant Period, neither Counterparty nor its officers or employees shall, directly or indirectly, communicate any material nonpublic information regarding Issuer or the Shares to any employee of CS or its Affiliates that Counterparty reasonably believes to be responsible for trading the Shares or executing other hedging transactions in connection with the transactions contemplated hereby, (C) Counterparty is entering into the Transaction in good faith and not as part of a plan or scheme to evade compliance with federal securities laws including, without limitation, Rule 10b-5 promulgated under the Exchange Act and (D) Counterparty will not “alter or deviate” from this Confirmation in a manner that would cause purchases hereunder not to be “pursuant to a contract, instruction or plan” (within the meaning of Rule 10b5-1(c)(1)(i)(C)) or enter into or alter a “corresponding or hedging transaction” (within the meaning of Rule 10b5-1(c)(1)(i)(C)) with respect to the Shares.  Counterparty also acknowledges and agrees that any amendment, modification, waiver or termination of this Confirmation must be effected in accordance with the requirements for the amendment or termination of a “plan” as defined in Rule 10b5-1(c) under the Exchange Act.  Without limiting the generality of the foregoing, any such amendment, modification, waiver or termination shall be made in good faith and not as part of a plan or scheme to evade the prohibitions of Rule 10b-5 under the Exchange Act, and no such amendment, modification or waiver shall be made at any time at which Counterparty or Parent is aware of any material nonpublic information regarding Issuer or the Shares.

 

5.             Acknowledgements Regarding Hedging.

 

Counterparty acknowledges and agrees that:

 

(a)           During the Relevant Period, CS and its Affiliates may buy Shares or, subject to Section 3(a) above, buy or sell other securities, options or futures contracts or enter into swaps or other derivative securities, in each case in connection with the Transaction;

 

(b)           CS and its Affiliates also may be active in the market for Shares other than in connection with hedging activities in relation to the Transaction;

 

8



 

(c)           Without limiting the generality of Section 3(a) above but subject to the last sentence thereof, CS shall make its own determination as to whether, when or in what manner any hedging or market activities in Shares shall be conducted and shall do so in a manner that it deems appropriate to hedge its price and market risk with respect to the Forward Price and/or the Daily VWAP; and

 

(d)           Any market activities of CS and its Affiliates with respect to the Shares may affect the market price and volatility of the Shares, as well as the Forward Price and/or the Daily VWAP, each in a manner that may be adverse to Counterparty.

 

6.             Staggered Settlement.  CS may, by notice to Counterparty on or prior to the Settlement Date, elect to deliver any Shares deliverable on the Settlement Date on two or more dates occurring on or prior to the Settlement Date or at two or more times on the Settlement Date.

 

7.             Transfer.  Notwithstanding anything to the contrary in the Agreement, CS may assign or transfer its rights or obligations under the Transaction, in whole or in part, to (x) Credit Suisse International (“CSI”) or (y) any of its Affiliates of equivalent or better credit quality (or whose obligations under the Transaction are guaranteed by a person of such credit quality) whose obligations hereunder are guaranteed by Counterparty, CSI or Credit Suisse Group AG; provided that, under applicable law as in effect on the date of such transfer or assignment, (i) Counterparty will not be required to pay to the transferee an amount in respect of an Indemnifiable Tax under Section 2(d)(i)(4) of the Agreement as a result of such transfer or assignment; and (ii) Counterparty will not receive a payment from which an amount has been withheld or deducted, on account of a Tax under Section 2(d)(i) of the Agreement following such transfer or assignment.

 

8.             Account Details.

 

Payments to CS:

 

To be advised

 

 

 

Deliveries of Shares to Counterparty:

 

To be advised

 

9.             Submission to Jurisdiction; Waiver of Jury Trial.

 

(a)           Each party hereby submits to the non-exclusive jurisdiction of the Courts of the State of New York or the U.S. federal courts in each case located in the Borough of Manhattan in New York City.

 

(b)           CS and Counterparty hereby irrevocably waive any and all right to trial by jury in any legal proceeding arising out of or related to the Agreement, this Confirmation or the Transaction contemplated hereby.

 

10.          Tax Disclosure.  Notwithstanding any provision in this Confirmation, in connection with Section 1.6011-4 of the Treasury Regulations, the parties hereby agree that each party (and each employee, representative, or other agent of such party) may disclose to any and all persons, without limitation of any kind, the U.S. tax treatment and U.S. tax structure of the Transaction and all materials of any kind (including opinions or other tax analyses) that are provided to such party relating to such U.S. tax treatment and U.S. tax structure, other than any information for which nondisclosure is reasonably necessary in order to comply with applicable securities laws.

 

11.          FATCA and Tax Forms.

 

(a)           “Indemnifiable Tax” as defined in Section 14 of the Agreement shall not include (A) any tax imposed or collected pursuant to Sections 1471 through 1474 of the U.S. Internal Revenue Code of 1986, as amended (the “Code”), any current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section 1471(b) of the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of such Sections of the Code (a “FATCA Withholding Tax”) and (B) any tax imposed or collected pursuant to Section 871(m) of the Code or any current or future regulations or official interpretation thereof (a “Section 871(m) Withholding Tax”).  For the avoidance of doubt, each of the FATCA Withholding Tax and Section 871(m) Withholding Tax is a tax deduction or withholding of which is required by applicable law for purposes of Section 2(d) of the Agreement.  Counterparty acknowledges and agrees that CS may, at its discretion, treat the Transaction as a “specified national contract” under Section 871(m) of the Code.

 

9



 

(b)           CS shall provide Counterparty a correct, complete and executed United States Internal Revenue Service Form W-9 (or any successor thereto) (i) upon the execution of this Confirmation; (ii) promptly upon reasonable demand by Counterparty; and (iii) promptly upon learning that any Form W-9 (or any successor thereto) previously provided by CS has become obsolete or incorrect.

 

(c)           Counterparty represents that (i) it is a “foreign person” (as that term is used in Section 1.6041-4(a)(4) of the U.S. Treasury Regulations) for United States federal income tax purposes, and (ii) no payment received or to be received by it in connection with this Transaction is effectively connected with the conduct of a trade or business within the United States (as determined for United States federal income tax purposes). In addition, Counterparty shall provide CS a correct, complete and executed United States Internal Revenue Service Form W-8 BEN (or any successor thereto) (i) upon the execution of this Confirmation; (ii) promptly upon reasonable demand by CS; and (iii) promptly upon learning that any Form W-8 BEN (or any successor thereto) previously provided by Counterparty has become obsolete or incorrect.

 

12.          Role of Agent.  Credit Suisse Securities (USA) LLC, in its capacity as Agent will be responsible for (A) effecting the Transaction, (B) issuing all required confirmations and statements to CS and Counterparty, (C) maintaining books and records relating to the Transaction in accordance with its standard practices and procedures and in accordance with applicable law and (D) unless otherwise requested by Counterparty, receiving, delivering, and safeguarding Counterparty’s funds and any securities in connection with the Transaction, in accordance with its standard practices and procedures and in accordance with applicable law.

 

(a)           Agent is acting in connection with the Transaction solely in its capacity as Agent for CS and Counterparty pursuant to instructions from CS and Counterparty.  Agent shall have no responsibility or personal liability to CS or Counterparty arising from any failure by CS or Counterparty to pay or perform any obligations hereunder, or to monitor or enforce compliance by CS or Counterparty with any obligation hereunder, including, without limitation, any obligations to maintain collateral.  Each of CS and Counterparty agrees to proceed solely against the other to collect or recover any securities or monies owing to it in connection with or as a result of the Transaction.  Agent shall otherwise have no liability in respect of the Transaction, except for its gross negligence or willful misconduct in performing its duties as Agent.

 

(b)           Any and all notices, demands, or communications of any kind relating to the Transaction between CS and Counterparty shall be transmitted exclusively through Agent at the following address:

 

Credit Suisse Securities (USA) LLC

Eleven Madison Avenue

New York, NY  10010

 

For payments and deliveries:
Facsimile No.: (212) 325 8175
Telephone No.: (212) 325 8678 / (212) 325 3213

 

For all other communications:
Facsimile No.: (212) 325 8173
Telephone No.: (212) 325 8676 / (212) 538 5306 / (212) 538 1193 / (212) 538 6886

 

(c)           The date and time of the Transaction evidenced hereby will be furnished by the Agent to CS and Counterparty upon written request.

 

(d)           The Agent will furnish to Counterparty upon written request a statement as to the source and amount of any remuneration received or to be received by the Agent in connection with the Transaction evidenced hereby.

 

(e)           CS and Counterparty each represents and agrees (A) that the Transaction is not unsuitable for it in the light of such party’s financial situation, investment objectives and needs and (B) that it is entering into the Transaction in reliance upon such tax, accounting, regulatory, legal and financial advice as it deems necessary and not upon any view expressed by the other or the Agent.

 

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Please confirm that the foregoing correctly sets forth the terms of our agreement by signing and returning this Confirmation.

 

 

 

Yours faithfully,

 

 

 

Credit Suisse Capital LLC

 

 

 

 

 

 

By:

/s/ Bik Kwan Chung

 

Name: 

Bik Kwan Chung

 

Title:

Authorized Signatory

 

 

 

 

 

 

 

Credit Suisse Securities (USA) LLC,

 

as Agent

 

 

 

 

 

 

 

By:

/s/ Emilie Blay

 

Name: 

Emilie Blay

 

Title:

Vice President

 

 

 

 

 

Confirmed as of the date first written above:

 

 

 

Atlantic Industries

 

 

 

 

 

 

By:

/s/ Kathy N. Waller

 

Name: 

Kathy N. Waller

 

Title:

President and Chief Financial Officer

 

 

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