Common Stock

Charter’s Class A common stock and Class B common stock are identical except with respect to certain voting, transfer and conversion rights. Holders of Class A common stock are entitled to one vote per share and holders of Class B common stock are entitled to votes equaling 35% of the voting interests in Charter on a fully diluted basis. The Company currently does not have any outstanding Class B Common Stock.

In 2014 and 2013, the Company issued approximately 5.2 million and 4.5 million shares, respectively, of Charter Class A common stock as a result of exercises by holders who received warrants pursuant to the Joint Plan of Reorganization upon the Company's emergence from bankruptcy in 2009. The exercises resulted in proceeds to the Company of approximately $90 million and $76 million, respectively. As of December 31, 2014, there were no warrants outstanding.

The following table summarizes our shares outstanding for the three years ended December 31, 2014:



	Class A Common Stock		Class B Common Stock

BALANCE, December 31, 2011	100,570,418		—
Option exercises	370,715		—
Restricted stock issuances, net of cancellations	182,537		—
Stock issuances from exercise of warrants	179,850		—
Restricted stock unit vesting	51,476		—
Purchase of treasury stock (see Note 9)	(178,749	)	—

BALANCE, December 31, 2012	101,176,247		—
Option exercises	543,221		—
Restricted stock issuances, net of cancellations	4,879		—
Stock issuances from exercise of warrants	4,481,656		—
Restricted stock unit vesting	88,330		—
Purchase of treasury stock (see Note 9)	(150,258	)	—

BALANCE, December 31, 2013	106,144,075		—
Option exercises	640,342		—
Restricted stock issuances, net of cancellations	9,090		—
Stock issuances from exercise of warrants	5,243,167		—
Restricted stock unit vesting	104,270		—
Purchase of treasury stock (see Note 9)	(141,257	)	—

BALANCE, December 31, 2014	111,999,687		—