-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IQRn8SRwjtcLesLJWwUXLtNdjf/dpZQWHoQlUimzYAZZIjnxOtslzLXWvF1EgT1R fKFwNnl8y+oTD9L8WuLXzg== 0001116679-08-000441.txt : 20080226 0001116679-08-000441.hdr.sgml : 20080226 20080226195312 ACCESSION NUMBER: 0001116679-08-000441 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080222 FILED AS OF DATE: 20080226 DATE AS OF CHANGE: 20080226 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NAUTILUS, INC. CENTRAL INDEX KEY: 0001078207 STANDARD INDUSTRIAL CLASSIFICATION: [3949] IRS NUMBER: 943002667 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 16400 SE NAUTILUS DRIVE CITY: VANCOUVER STATE: WA ZIP: 98683 BUSINESS PHONE: 3606947722 MAIL ADDRESS: STREET 1: 16400 SE NAUTILUS DRIVE CITY: VANCOUVER STATE: WA ZIP: 98683 FORMER COMPANY: FORMER CONFORMED NAME: NAUTILUS GROUP INC DATE OF NAME CHANGE: 20020523 FORMER COMPANY: FORMER CONFORMED NAME: DIRECT FOCUS INC DATE OF NAME CHANGE: 19990202 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Nottingham Investors LLC CENTRAL INDEX KEY: 0001406669 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 08644311 BUSINESS ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 735-1000 MAIL ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sherborne Strategic Fund A, LLC CENTRAL INDEX KEY: 0001406674 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 08644313 BUSINESS ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 735-1000 MAIL ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sherborne Investors Management GP, LLC CENTRAL INDEX KEY: 0001406671 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 08644314 BUSINESS ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 735-1000 MAIL ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sherborne Investors Management LP CENTRAL INDEX KEY: 0001406672 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 08644315 BUSINESS ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 735-1000 MAIL ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sherborne Investors LP CENTRAL INDEX KEY: 0001406888 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 08644316 BUSINESS ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 735-1000 MAIL ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sherborne Investors GP, LLC CENTRAL INDEX KEY: 0001373507 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 08644317 BUSINESS ADDRESS: STREET 1: 135 EAST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 735-1000 MAIL ADDRESS: STREET 1: 135 EAST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sherborne Strategic Fund B, LLC CENTRAL INDEX KEY: 0001406670 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 08644312 BUSINESS ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 735-1000 MAIL ADDRESS: STREET 1: 135 E. 57TH STREET STREET 2: 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BRAMSON EDWARD J CENTRAL INDEX KEY: 0001016268 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31321 FILM NUMBER: 08644318 BUSINESS ADDRESS: BUSINESS PHONE: 2129356144 MAIL ADDRESS: STREET 1: C/O BATTLE FOWLER LLP STREET 2: 135 EAST 57TH STREET 32ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 4 1 edgar.xml PRIMARY DOCUMENT X0202 4 2008-02-22 0001078207 NAUTILUS, INC. NLS 0001373507 Sherborne Investors GP, LLC 135 EAST 57TH STREET NEW YORK NY 10022 0 0 1 0 0001406888 Sherborne Investors LP 135 EAST 57TH STREET NEW YORK NY 10022 0 0 1 0 0001406672 Sherborne Investors Management LP 135 EAST 57TH STREET NEW YORK NY 10022 0 0 1 0 0001406671 Sherborne Investors Management GP, LLC 135 EAST 57TH STREET NEW YORK NY 10022 0 0 1 0 0001406674 Sherborne Strategic Fund A, LLC 135 EAST 57TH STREET NEW YORK NY 10022 0 0 1 0 0001406670 Sherborne Strategic Fund B, LLC 135 EAST 57TH STREET NEW YORK NY 10022 0 0 1 0 0001406669 Nottingham Investors LLC 135 EAST 57TH STREET NEW YORK NY 10022 0 0 1 0 0001016268 BRAMSON EDWARD J 135 EAST 57TH STREET NEW YORK NY 10022 1 0 1 0 Common Stock 2008-02-22 4 P 0 89613 A 7975239 I See footnote Common Stock 2008-02-25 4 P 0 100837 A 8076076 I See footnote Common Stock 2008-02-26 4 P 0 82171 A 8158247 I See footnote See Joint Filer Information on Exhibit 99.1 for information with respect to the nature of Sherborne Investors GP, LLC's indirect ownership, details of its purchases and the persons jointly filing this report. The Reporting Person disclaims beneficial ownership of these securities except to the extent of the Reporting Person's pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose. Remarks: Exhibit List Exhibit 99.1 - Joint Filer Information /s/ Craig L. McKibben, attorney in fact 2008-02-26 EX-99 2 ex99-1.txt EX. 99.1: JOINT FILER INFORMATION Exhibit 99.1 Form 4 Joint Filer Information Names of the Reporting Persons: o Sherborne Investors LP, a Delaware limited partnership and managing member of each of the Funds (as defined below) ("Managing Member"); o Sherborne Investors GP, LLC, a Delaware limited liability company and general partner of the Managing Member ("Sherborne Investors GP"); o Sherborne Investors Management LP, a Delaware limited partnership and investment manager to the Funds ("Sherborne Management"); o Sherborne Investors Management GP, LLC, a Delaware limited liability company and general partner of Sherborne Management ("Sherborne Management GP"); o Sherborne Strategic Fund A, LLC, a Delaware limited liability company ("Strategic Fund A"); o Sherborne Strategic Fund B, LLC, a Delaware limited liability company ("Strategic Fund B"); o Nottingham Investors LLC, a Delaware limited liability company ("Nottingham" and, together with Strategic Fund A and Strategic Fund B, the "Funds"); and o Edward J. Bramson, the managing member of Sherborne Investors GP and Sherborne Management GP and a director of Nautilus, Inc. ("Bramson"). Address for each of the 135 East 57th Street, New York, NY 10022 Reporting Persons: Date of Earliest Transaction February 22, 2008 Required to be Reported: Designated Filer for each of Sherborne Investors GP, LLC the Reporting Persons: Issuer & Ticker Symbol for each Nautilus, Inc.; NLS of the Reporting Persons: Title of Security for each of Common Stock, no par value (the "Shares") the Reporting Persons: Transaction Code for each of P the Reporting Persons: Securities Acquired(1): o Strategic Fund A directly acquired Shares as follows: Amount of Securities Beneficially Owned Amount of Securities Following Reported Transaction Date Acquired Price Transactions - -------------------- ------------------- ----------------- -------------------- 2/22/2008 145.299 $ 4.020 674,129.753 2/22/2008 25.641 $ 4.040 674,155.394 2/22/2008 418.803 $ 4.050 674,574.197 2/22/2008 34.188 $ 4.053 674,608.385 2/22/2008 290.598 $ 4.060 674,898.983 2/22/2008 34.188 $ 4.070 674,933.171 2/22/2008 611.880 $ 4.090 675,545.051 2/22/2008 25.641 $ 4.092 675,570.692 2/22/2008 34.188 $ 4.095 675,604.880 2/22/2008 6,038.797 $ 4.100 681,643.677 2/25/2008 8.547 $ 4.100 681,652.224 2/25/2008 17.094 $ 4.110 681,669.318 2/25/2008 142.820 $ 4.120 681,812.138 2/25/2008 205.128 $ 4.130 682,017.266 2/25/2008 188.034 $ 4.150 682,205.300 2/25/2008 8.547 $ 4.180 682,213.847 2/25/2008 3,065.467 $ 4.200 685,279.315 2/25/2008 675.213 $ 4.210 685,954.528 2/25/2008 393.162 $ 4.220 686,347.690 2/25/2008 376.068 $ 4.230 686,723.758 2/25/2008 256.410 $ 4.240 686,980.168 2/25/2008 153.846 $ 4.250 687,134.014 2/25/2008 34.188 $ 4.255 687,168.202 2/25/2008 196.581 $ 4.260 687,364.783 2/25/2008 290.598 $ 4.270 687,655.381 2/25/2008 384.615 $ 4.280 688,039.996 2/25/2008 205.128 $ 4.290 688,245.124 2/25/2008 8.547 $ 4.295 688,253.671 2/25/2008 213.675 $ 4.300 688,467.346 2/25/2008 102.564 $ 4.310 688,569.910 2/25/2008 728.546 $ 4.320 689,298.456 2/25/2008 527.863 $ 4.330 689,826.319 2/25/2008 410.256 $ 4.340 690,236.575 2/25/2008 25.641 $ 4.350 690,262.216 2/26/2008 8.547 $ 4.240 690,270.763 2/26/2008 706.922 $ 4.250 690,977.685 2/26/2008 388.889 $ 4.260 691,366.573 2/26/2008 8.547 $ 4.265 691,375.120 2/26/2008 504.273 $ 4.270 691,879.393 2/26/2008 747.863 $ 4.280 692,627.256 2/26/2008 290.598 $ 4.290 692,917.854 2/26/2008 17.094 $ 4.295 692,934.948 2/26/2008 341.880 $ 4.300 693,276.828 2/26/2008 367.521 $ 4.310 693,644.349 2/26/2008 17.094 $ 4.320 693,661.443 2/26/2008 129.231 $ 4.330 693,790.674 2/26/2008 870.768 $ 4.340 694,661.442 2/26/2008 572.649 $ 4.350 695,234.091 2/26/2008 8.547 $ 4.355 695,242.638 2/26/2008 888.888 $ 4.360 696,131.526 2/26/2008 8.547 $ 4.363 696,140.073 2/26/2008 25.641 $ 4.365 696,165.714 2/26/2008 1,034.187 $ 4.370 697,199.901 2/26/2008 85.470 $ 4.380 697,285.371 o Strategic Fund B directly acquired Shares as follows: Amount of Securities Beneficially Owned Amount of Securities Following Reported Transaction Date Acquired Price Transactions - -------------------- ------------------- ----------------- -------------------- 2/22/2008 217.949 $ 4.020 1,011,194.630 2/22/2008 38.462 $ 4.040 1,011,233.091 2/22/2008 628.205 $ 4.050 1,011,861.296 2/22/2008 51.282 $ 4.053 1,011,912.578 2/22/2008 435.897 $ 4.060 1,012,348.475 2/22/2008 51.282 $ 4.070 1,012,399.757 2/22/2008 917.820 $ 4.090 1,013,317.576 2/22/2008 38.462 $ 4.092 1,013,356.038 2/22/2008 51.282 $ 4.095 1,013,407.320 2/22/2008 9,058.196 $ 4.100 1,022,465.516 2/25/2008 12.821 $ 4.100 1,022,478.336 2/25/2008 25.641 $ 4.110 1,022,503.977 2/25/2008 214.231 $ 4.120 1,022,718.208 2/25/2008 307.692 $ 4.130 1,023,025.900 2/25/2008 282.051 $ 4.150 1,023,307.951 2/25/2008 12.821 $ 4.180 1,023,320.772 2/25/2008 4,598.201 $ 4.200 1,027,918.973 2/25/2008 1,012.820 $ 4.210 1,028,931.792 2/25/2008 589.743 $ 4.220 1,029,521.535 2/25/2008 564.102 $ 4.230 1,030,085.637 2/25/2008 384.615 $ 4.240 1,030,470.252 2/25/2008 230.769 $ 4.250 1,030,701.021 2/25/2008 51.282 $ 4.255 1,030,752.303 2/25/2008 294.872 $ 4.260 1,031,047.175 2/25/2008 435.897 $ 4.270 1,031,483.072 2/25/2008 576.923 $ 4.280 1,032,059.994 2/25/2008 307.692 $ 4.290 1,032,367.686 2/25/2008 12.821 $ 4.295 1,032,380.507 2/25/2008 320.513 $ 4.300 1,032,701.019 2/25/2008 153.846 $ 4.310 1,032,854.865 2/25/2008 1,092.819 $ 4.320 1,033,947.684 2/25/2008 791.794 $ 4.330 1,034,739.479 2/25/2008 615.384 $ 4.340 1,035,354.863 2/25/2008 38.462 $ 4.350 1,035,393.324 2/26/2008 12.821 $ 4.240 1,035,406.145 2/26/2008 1,060.384 $ 4.250 1,036,466.528 2/26/2008 583.333 $ 4.260 1,037,049.861 2/26/2008 12.821 $ 4.265 1,037,062.681 2/26/2008 756.410 $ 4.270 1,037,819.091 2/26/2008 1,121.794 $ 4.280 1,038,940.885 2/26/2008 435.897 $ 4.290 1,039,376.782 2/26/2008 25.641 $ 4.295 1,039,402.423 2/26/2008 512.820 $ 4.300 1,039,915.243 2/26/2008 551.282 $ 4.310 1,040,466.524 2/26/2008 25.641 $ 4.320 1,040,492.165 2/26/2008 193.846 $ 4.330 1,040,686.011 2/26/2008 1,306.153 $ 4.340 1,041,992.164 2/26/2008 858.974 $ 4.350 1,042,851.137 2/26/2008 12.821 $ 4.355 1,042,863.958 2/26/2008 1,333.332 $ 4.360 1,044,197.290 2/26/2008 12.821 $ 4.363 1,044,210.110 2/26/2008 38.462 $ 4.365 1,044,248.572 2/26/2008 1,551.281 $ 4.370 1,045,799.852 2/26/2008 128.205 $ 4.380 1,045,928.057 o Nottingham directly acquired Shares as follows: Amount of Securities Beneficially Owned Amount of Securities Following Reported Transaction Date Acquired Price Transactions - -------------------- ------------------- ----------------- -------------------- 2/22/2008 1,336.753 $ 4.020 6,202,001.615 2/22/2008 235.898 $ 4.040 6,202,237.512 2/22/2008 3,852.993 $ 4.050 6,206,090.505 2/22/2008 314.530 $ 4.053 6,206,405.035 2/22/2008 2,673.505 $ 4.060 6,209,078.540 2/22/2008 314.530 $ 4.070 6,209,393.070 2/22/2008 5,629.301 $ 4.090 6,215,022.370 2/22/2008 235.898 $ 4.092 6,215,258.268 2/22/2008 314.530 $ 4.095 6,215,572.798 2/22/2008 55,557.007 $ 4.100 6,271,129.804 2/25/2008 78.633 $ 4.100 6,271,208.437 2/25/2008 157.265 $ 4.110 6,271,365.702 2/25/2008 1,313.949 $ 4.120 6,272,679.651 2/25/2008 1,887.180 $ 4.130 6,274,566.831 2/25/2008 1,729.915 $ 4.150 6,276,296.746 2/25/2008 78.633 $ 4.180 6,276,375.378 2/25/2008 28,202.332 $ 4.200 6,304,577.711 2/25/2008 6,211.968 $ 4.210 6,310,789.678 2/25/2008 3,617.095 $ 4.220 6,314,406.773 2/25/2008 3,459.830 $ 4.230 6,317,866.603 2/25/2008 2,358.975 $ 4.240 6,320,225.578 2/25/2008 1,415.385 $ 4.250 6,321,640.963 2/25/2008 314.530 $ 4.255 6,321,955.493 2/25/2008 1,808.548 $ 4.260 6,323,764.041 2/25/2008 2,673.505 $ 4.270 6,326,437.546 2/25/2008 3,538.463 $ 4.280 6,329,976.008 2/25/2008 1,887.180 $ 4.290 6,331,863.188 2/25/2008 78.633 $ 4.295 6,331,941.821 2/25/2008 1,965.813 $ 4.300 6,333,907.633 2/25/2008 943.590 $ 4.310 6,334,851.223 2/25/2008 6,702.634 $ 4.320 6,341,553.858 2/25/2008 4,856.343 $ 4.330 6,346,410.201 2/25/2008 3,774.360 $ 4.340 6,350,184.561 2/25/2008 235.898 $ 4.350 6,350,420.458 2/26/2008 78.633 $ 4.240 6,350,499.091 2/26/2008 6,503.694 $ 4.250 6,357,002.785 2/26/2008 3,577.779 $ 4.260 6,360,580.564 2/26/2008 78.633 $ 4.265 6,360,659.196 2/26/2008 4,639.318 $ 4.270 6,365,298.514 2/26/2008 6,880.344 $ 4.280 6,372,178.857 2/26/2008 2,673.505 $ 4.290 6,374,852.362 2/26/2008 157.265 $ 4.295 6,375,009.627 2/26/2008 3,145.300 $ 4.300 6,378,154.927 2/26/2008 3,381.198 $ 4.310 6,381,536.125 2/26/2008 157.265 $ 4.320 6,381,693.390 2/26/2008 1,188.923 $ 4.330 6,382,882.313 2/26/2008 8,011.079 $ 4.340 6,390,893.392 2/26/2008 5,268.378 $ 4.350 6,396,161.770 2/26/2008 78.633 $ 4.355 6,396,240.402 2/26/2008 8,177.780 $ 4.360 6,404,418.182 2/26/2008 78.633 $ 4.363 6,404,496.815 2/26/2008 235.898 $ 4.365 6,404,732.712 2/26/2008 9,514.533 $ 4.370 6,414,247.245 2/26/2008 786.325 $ 4.380 6,415,033.570 o Each of (i) the Managing Member, as the managing member of the Funds, (ii) Sherborne Investors GP, as the general partner of the Managing Member and (iii) Bramson, as the managing member of Sherborne Investors GP, indirectly acquired the Shares that were directly acquired by the Funds as follows: Amount of Securities Beneficially Owned Amount of Securities Following Reported Transaction Date Acquired Price Transactions - -------------------- ------------------- ----------------- -------------------- 2/22/2008 1,700 $ 4.020 7,887,326.000 2/22/2008 300 $ 4.040 7,887,626.000 2/22/2008 4,900 $ 4.050 7,892,526.000 2/22/2008 400 $ 4.053 7,892,926.000 2/22/2008 3,400 $ 4.060 7,896,326.000 2/22/2008 400 $ 4.070 7,896,726.000 2/22/2008 7,159 $ 4.090 7,903,885.000 2/22/2008 300 $ 4.092 7,904,185.000 2/22/2008 400 $ 4.095 7,904,585.000 2/22/2008 70,654 $ 4.100 7,975,239.000 2/25/2008 100 $ 4.100 7,975,339.000 2/25/2008 200 $ 4.110 7,975,539.000 2/25/2008 1,671 $ 4.120 7,977,210.000 2/25/2008 2,400 $ 4.130 7,979,610.000 2/25/2008 2,200 $ 4.150 7,981,810.000 2/25/2008 100 $ 4.180 7,981,910.000 2/25/2008 35,866 $ 4.200 8,017,776.000 2/25/2008 7,900 $ 4.210 8,025,676.000 2/25/2008 4,600 $ 4.220 8,030,276.000 2/25/2008 4,400 $ 4.230 8,034,676.000 2/25/2008 3,000 $ 4.240 8,037,676.000 2/25/2008 1,800 $ 4.250 8,039,476.000 2/25/2008 400 $ 4.255 8,039,876.000 2/25/2008 2,300 $ 4.260 8,042,176.000 2/25/2008 3,400 $ 4.270 8,045,576.000 2/25/2008 4,500 $ 4.280 8,050,076.000 2/25/2008 2,400 $ 4.290 8,052,476.000 2/25/2008 100 $ 4.295 8,052,576.000 2/25/2008 2,500 $ 4.300 8,055,076.000 2/25/2008 1,200 $ 4.310 8,056,276.000 2/25/2008 8,524 $ 4.320 8,064,800.000 2/25/2008 6,176 $ 4.330 8,070,976.000 2/25/2008 4,800 $ 4.340 8,075,776.000 2/25/2008 300 $ 4.350 8,076,076.000 2/26/2008 100 $ 4.240 8,076,176.000 2/26/2008 8,271 $ 4.250 8,084,447.000 2/26/2008 4,550 $ 4.260 8,088,997.000 2/26/2008 100 $ 4.265 8,089,097.000 2/26/2008 5,900 $ 4.270 8,094,997.000 2/26/2008 8,750 $ 4.280 8,103,747.000 2/26/2008 3,400 $ 4.290 8,107,147.000 2/26/2008 200 $ 4.295 8,107,347.000 2/26/2008 4,000 $ 4.300 8,111,347.000 2/26/2008 4,300 $ 4.310 8,115,647.000 2/26/2008 200 $ 4.320 8,115,847.000 2/26/2008 1,512 $ 4.330 8,117,359.000 2/26/2008 10,188 $ 4.340 8,127,547.000 2/26/2008 6,700 $ 4.350 8,134,247.000 2/26/2008 100 $ 4.355 8,134,347.000 2/26/2008 10,400 $ 4.360 8,144,747.000 2/26/2008 100 $ 4.363 8,144,847.000 2/26/2008 300 $ 4.365 8,145,147.000 2/26/2008 12,100 $ 4.370 8,157,247.000 2/26/2008 1,000 $ 4.380 8,158,247.000 o Sherborne Management, as the investment manager to the Funds that only receives an asset-based fee, beneficially owns 0 Shares. o Sherborne Management GP, as the general partner of Sherborne Management, beneficially owns 0 Shares. - ----------------- (1) Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of the Reporting Person's pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose. Sherborne Investors /s/ Craig L. McKibben, attorney in fact February 26, 2008 LP --------------------------------------- ------------------ **Signature of Reporting Person Date Sherborne Investors /s/ Craig L. McKibben, attorney in fact February 26, 2008 Management LP --------------------------------------- ------------------ **Signature of Reporting Person Date Sherborne Investors /s/ Craig L. McKibben, attorney in fact February 26, 2008 Management GP, LLC --------------------------------------- ------------------ **Signature of Reporting Person Date Sherborne Strategic /s/ Craig L. McKibben, attorney in fact February 26, 2008 Fund A, LLC --------------------------------------- ------------------ **Signature of Reporting Person Date Sherborne Strategic /s/ Craig L. McKibben, attorney in fact February 26, 2008 Fund B, LLC --------------------------------------- ------------------ **Signature of Reporting Person Date Nottingham Investors /s/ Craig L. McKibben, attorney in fact February 26, 2008 LLC --------------------------------------- ------------------ **Signature of Reporting Person Date Edward J. Bramson /s/ Craig L. McKibben, attorney in fact February 26, 2008 --------------------------------------- ------------------ **Signature of Reporting Person Date ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). -----END PRIVACY-ENHANCED MESSAGE-----