SC 13D 1 p15812873a.htm SCHEDULE 13D


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

SCHEDULE 13D

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

GLOBE SPECIALTY METALS, INC.
(Name of Issuer)


Common Stock, Par Value $0.0001 Per Share
(Title of Class of Securities)

37954N206
(CUSIP Number)

Kevin J. O’Connor
Point72 Asset Management, L.P.
72 Cummings Point Road
Stamford, CT 06902
(203) 890-2000
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)


11/30/2015
(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:  ☐

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See Rule 240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 
 
 
Page 1 of 12
 
SCHEDULE 13D
 
 
CUSIP No.  37954N206
 
  
 
Page 2 of 12 Pages
 
 
1
 
 
NAME OF REPORTING PERSON
 
Point72 Asset Management, L.P.
 
2
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☒
 
3
 
 
SEC USE ONLY
 
 
4
 
 
SOURCE OF FUNDS
AF
 
 
5
 
 
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)                             ☐  
 
 
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
485,800 (see Item 5)
 
 
9
 
 
SOLE DISPOSITIVE POWER
0
 
 
10
 
 
SHARED DISPOSITIVE POWER
485,800 (see Item 5)
 
 
11
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
485,800 (see Item 5)
 
12
 
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)                             ☐
 
 
 
13
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.7% (see Item 5)
 
14
 
 
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN

 
 
 
 
 
 
 
 
Page 2 of 12
 
 
SCHEDULE 13D
 
 
CUSIP No.  37954N206
 
  
 
Page 3 of 12 Pages
 
 
1
 
 
NAME OF REPORTING PERSON
 
Point72 Capital Advisors, Inc.
 
2
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☒
 
3
 
 
SEC USE ONLY
 
 
4
 
 
SOURCE OF FUNDS
AF
 
 
5
 
 
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)                             ☐
 
 
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
485,800 (see Item 5)
 
 
9
 
 
SOLE DISPOSITIVE POWER
0
 
 
10
 
 
SHARED DISPOSITIVE POWER
485,800 (see Item 5)
 
 
11
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
485,800 (see Item 5)
 
12
 
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)                             ☐
 
 
13
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.7% (see Item 5)
 
14
 
 
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 3 of 12
 
 
SCHEDULE 13D
 
CUSIP No.  37954N206
 
  
 
Page 4 of 12 Pages
 
 
1
 
 
NAME OF REPORTING PERSON
 
Cubist Systematic Strategies, LLC
 
2
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☒
 
3
 
 
SEC USE ONLY
 
 
4
 
 
SOURCE OF FUNDS
AF
 
 
5
 
 
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)                          ☐
 
 
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
13,187 (see Item 5)
 
 
9
 
 
SOLE DISPOSITIVE POWER
0
 
 
10
 
 
SHARED DISPOSITIVE POWER
13,187 (see Item 5)
 
 
11
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,187 (see Item 5)
 
12
 
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)                             ☐
 
 
 
13
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1% (see Item 5)
 
14
 
 
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
 
 
 
 
 
 
 
 
 
 
 
 
Page 4 of 12
 
 
SCHEDULE 13D
 
 
CUSIP No.  37954N206
 
  
 
Page 5 of 12 Pages
 
 
1
 
 
NAME OF REPORTING PERSON
 
Rubric Capital Management, LLC
 
2
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☒
 
3
 
 
SEC USE ONLY
 
 
4
 
 
SOURCE OF FUNDS
AF
 
 
5
 
 
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)                        ☐
 
 
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
3,225,000 (see Item 5)
 
 
9
 
 
SOLE DISPOSITIVE POWER
0
 
 
10
 
 
SHARED DISPOSITIVE POWER
3,225,000 (see Item 5)
 
 
11
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,225,000 (see Item 5)
 
12
 
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)                             ☐
 
 
 
13
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.4% (see Item 5)
 
14
 
 
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO

 
 
 
 
 
 
 
 
 
 
 
 
Page 5 of 12
 
 
 
 
SCHEDULE 13D
 
 
CUSIP No.  37954N206
 
  
 
Page 6 of 12 Pages
 
 
1
 
 
NAME OF REPORTING PERSON
 
Steven A. Cohen
 
2
 
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☒
 
3
 
 
SEC USE ONLY
 
 
4
 
 
SOURCE OF FUNDS
AF
 
 
5
 
 
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)                     ☐
 
 
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
3,723,987 (see Item 5)
 
 
9
 
 
SOLE DISPOSITIVE POWER
0
 
 
10
 
 
SHARED DISPOSITIVE POWER
3,723,987 (see Item 5)
 
 
11
 
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,723,987 (see Item 5)
 
12
 
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)                             ☐
 
 
 
13
 
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.0% (see Item 5)
 
14
 
 
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
 
 
 
 
 
 
 
 
Page 6 of 12
 
Item 1.  Security and the Issuer.

This Schedule 13D relates to shares of common stock, $0.0001 par value per share (the “Common Stock”), of Globe Specialty Metals, Inc., a Delaware corporation (the “Issuer”).  The principal executive office of the Issuer is located at 600 Brickell Ave, Suite 3100, Miami, FL 33131.

Item 2.  Identity and Background.

(a) This statement is filed by:
(i) Point72 Asset Management, L.P. (“Point72 Asset Management”) with respect to the Common Stock held by certain investment funds it manages (together with the investment funds managed by the other investment managers and sub-investment managers reporting on this form, the “Portfolio Funds”);
(ii) Point72 Capital Advisors, Inc. (“Point72 Capital Advisors Inc.”) with respect to the Common Stock held by certain investment funds managed by Point72 Asset Management;
(iii) Cubist Systematic Strategies, LLC (“Cubist Systematic Strategies”) with respect to the Common Stock held by certain investment funds it manages;
(iv) Rubric Capital Management, LLC (“Rubric Capital Management”) with respect to the Common Stock held by certain investment funds it manages; and
(v) Steven A. Cohen with respect to the Common Stock beneficially owned by Point72 Asset Management, Point72 Capital Advisors Inc., Cubist Systemic Strategies and Rubric Capital Management.
Point72 Asset Management, Point72 Capital Advisors Inc., Cubist Systematic Strategies, Rubric Capital Management and Steven A. Cohen (collectively, the “Reporting Persons”) expressly disclaim beneficial ownership of securities directly beneficially owned by any person or entity other than, to the extent of any pecuniary interest therein, the various accounts under the Reporting Persons’ management and control.
Point72 Asset Management, Point72 Capital Advisors Inc., Cubist Systematic Strategies, Rubric Capital Management and Steven A. Cohen have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13D as Exhibit 99.1, pursuant to which they have agreed to file this Schedule 13D jointly in accordance with the provisions of Rule 13d-1(k) of the Act.
(b) The address of the principal business office of (i) Point72 Asset Management, Point72 Capital Advisors Inc., Rubric Capital Management and Mr. Cohen is 72 Cummings Point Road, Stamford, CT 06902; and (ii) Cubist Systematic Strategies is 330 Madison Avenue, New York, NY 10173.
 
 
 
 
Page 7 of 12
 
(c) The principal business of each of Point72 Asset Management, Cubist Systematic Strategies and Rubric Capital Management is to serve as an investment manager to a variety of private investment funds and to control the investing and trading in securities by these private investment funds.  The principal business of Point72 Capital Advisors Inc. is to serve as the general partner of Point72 Asset Management.  The principal business of Mr. Cohen is to serve as a principal of Point72 Asset Management and other affiliated entities.
(d) None of the Reporting Persons has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) None of the Reporting Persons has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f) Point72 Asset Management is a Delaware limited partnership.  Point72 Capital Advisors Inc. is a Delaware corporation.  Cubist Systematic Strategies and Rubric Capital Management are Delaware limited liability companies.  Mr. Cohen is a United States citizen.
Item 3.  Source and Amount of Funds or Other Consideration.

The Portfolio Funds expended an aggregate of approximately $65,033,344.47 of investment capital to purchase the 3,723,987 shares of Common Stock reported hereby.  Such transactions were effected in open market purchases in the ordinary course of business and are held by the Portfolio Funds in commingled margin accounts, maintained at Goldman Sachs & Co. and Credit Suisse First Boston, which may extend margin credit to the Portfolio Funds as and when required to open or carry positions in the margin accounts, subject to applicable federal margin regulations, stock exchange rules and credit policies.  In such instances, the positions held in the margin accounts are pledged as collateral security for the repayment of debit balances in the account.  The margin accounts may from time to time have debit balances.  Since other securities are held in the margin accounts, it is not possible to determine the amounts, if any, of margin used to purchase the shares of Common Stock reported herein.

Item 4.  Purpose of Transaction.

The Reporting Persons acquired the shares of Common Stock to which this Schedule 13D relates for investment purposes in the ordinary course of business, and not with the purpose nor with the effect of changing or influencing the control or management of the Issuer. The Reporting Persons acquired the shares of Common Stock pursuant to investment strategies, including merger arbitrage and event driven strategies, because they believed that the shares of Common Stock reported herein, when purchased, represented an attractive investment opportunity.  However, because the transactions contemplated by the Business Combination Agreement (as defined below) may be deemed to constitute a change of control of the Issuer, the Reporting Persons may not be eligible to report this position on a Schedule 13G, notwithstanding such investment intent.  See Colish, Faith (No-Act., Available March 24, 1980).
 
 
 
 
 
 
Page 8 of 12
 
 

On February 23, 2015, the Issuer filed a Form 8-K with the Securities and Exchange Commission stating that it had entered into a Business Combination Agreement (the “Original Business Combination Agreement”) with Grupo Villar Mir, S.A.U., a public limited liability company (sociedad anónima) incorporated under the laws of Spain (“Grupo VM”), Grupo FerroAtlántica, S.A.U., a Spanish public limited liability company in the form of a sociedad anónima and wholly owned subsidiary of Grupo VM (“FerroAtlántica”), Ferroglobe PLC, a newly formed UK holding company formerly known as VeloNewco Limited and wholly owned subsidiary of Grupo VM (“Ferroglobe”), and Gordon Merger Sub, Inc., a newly formed Delaware corporation and a direct wholly owned subsidiary of Ferroglobe (“Merger Sub”), pursuant to which the parties agreed, subject to the terms and conditions of the Original Business Combination Agreement, to combine the businesses of the Issuer and FerroAtlántica under Ferroglobe.  The Original Business Combination Agreement was amended and restated on May 5, 2015 and was further amended on September 10, 2015 (the Original Business Combination Agreement, as so amended and restated, the “Business Combination Agreement”).  Subject to the terms and conditions of the Business Combination Agreement, Ferroglobe agreed to acquire from Grupo VM all of the issued and outstanding ordinary shares of FerroAtlántica in exchange for an aggregate of 98,078,161 newly issued Ferroglobe Class A ordinary shares, which will result in FerroAtlántica becoming a wholly owned subsidiary of Ferroglobe (the “Stock Exchange”).  After consummation of the Stock Exchange, Merger Sub will merge with and into the Issuer, with the Issuer surviving the merger as a wholly owned subsidiary of Ferroglobe.

As part of the Reporting Persons’ continuing evaluation of, and preservation of the value of the Portfolio Funds’ investment in the Common Stock of the Issuer, the Reporting Persons may from time to time (i) engage in discussions with certain persons, including, without limitation, management or representatives of the Issuer, the Issuer’s board of directors, other shareholders of the Issuer and other relevant parties, concerning matters with respect to the investment in the Common Stock, including, without limitation, the business, operations, governance, management, strategy and future plans of the Issuer and (ii) write letters to, and respond to inquiries from, various parties including, without limitation, the Issuer’s board of directors, management or representatives, other shareholders and other persons or entities regarding the Issuer’s affairs.

Depending on various factors, including, the Issuer’s financial position and strategic direction, the outcome of the matters referenced above, actions taken by the board of directors, price levels of the Common Stock, other available investment opportunities, conditions in the securities markets and general economic and industry conditions, the Reporting Persons may in the future take such actions with respect to the Portfolio Funds and/or other investment funds managed by one or more of the Reporting Persons with respect to the Issuer as they deem appropriate, including changing their current intentions, with respect to any or all matters referred to in this Item 4 of Schedule 13D and may, from time to time, cause the Portfolio Funds and/or other investment funds managed by one or more of the Reporting Persons to acquire additional Common Stock, dispose of some or all of their Common Stock, engage in short-selling, hedging or similar transactions with respect to the Common Stock, and/or continue to hold Common Stock. Except as set forth herein, or as would occur upon completion of any of the matters discussed herein, the Reporting Persons have no present plan or proposal that would relate to or result in any of the matters set forth in subparagraphs (a)-(j) of Item 4 of Schedule 13D.
 
 
 
 
 
 
Page 9 of 12
 
 

Item 5.  Interest in Securities of the Issuer.

(a) As of the close of business on November 30, 2015, the Reporting Persons beneficially owned an aggregate of 3,723,987 shares of Common Stock, representing approximately 5.0% of the shares of Common Stock outstanding.  The percentages used herein are based upon 73,759,990 shares of Common Stock reported to be outstanding, as of October 27, 2015, by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 6, 2015. 
 
Point72 Asset Management, Point72 Capital Advisors Inc., Cubist Systemic Strategies, Rubric Capital Management and Mr. Cohen own directly no shares of Common Stock.  Pursuant to an investment management agreement, Point72 Asset Management maintains investment and voting power with respect to the securities held by certain investment funds it manages.  Pursuant to an investment management agreement, Cubist Systematic Strategies maintains investment and voting power with respect to the securities held by certain investment funds it manages.  Pursuant to an investment management agreement, Rubric Capital Management maintains investment and voting power with respect to the securities held by certain investment funds it manages.  Mr. Cohen controls each of Point72 Capital Advisors Inc., Cubist Systematic Strategies and Rubric Capital Management.  By reason of the provisions of Rule 13d-3 of the Act, as amended, each of (i) Point72 Asset Management, Point72 Capital Advisors Inc. and Mr. Cohen may be deemed to beneficially own 485,800 shares of Common Stock (constituting approximately 0.7% of the shares of Common Stock outstanding); (ii) Cubist Systematic Strategies and Mr. Cohen may be deemed to beneficially own 13,187 shares of Common Stock (constituting less than 0.1% of the shares of Common Stock outstanding); and (iii) Rubric Capital Management and Mr. Cohen may be deemed to beneficially own 3,225,000 shares of Common Stock (constituting approximately 4.4% of the shares of Common Stock outstanding).

(b) None of the Reporting Persons has sole power to vote or direct the vote or sole power to dispose or direct the disposition of shares of Common Stock.

(i) Point72 Asset Management has shared power to vote or direct the vote and shared power to dispose or direct the disposition of the 485,800 shares of Common Stock, constituting 0.7% of such class of securities;

(ii) Point72 Capital Advisors Inc. has shared power to vote or direct the vote and shared power to dispose or direct the disposition of the 485,800 shares of Common Stock, constituting 0.7% of such class of securities;

(iii) Cubist Systematic Strategies has shared power to vote or direct the vote and shared power to dispose or direct the disposition of the 13,187 shares of Common Stock, constituting less than 0.1% of such class of securities;
 
 
 
 
 
Page 10 of 12
 
 

(iv) Rubric Capital Management has shared power to vote or direct the vote and shared power to dispose or direct the disposition of the 3,225,000 shares of Common Stock, constituting 4.4% of such class of securities; and
(v) Steven A. Cohen has shared power to vote or direct the vote and shared power to dispose or direct the disposition of the 3,723,987 shares of Common Stock, constituting 5.0% of such class of securities.

(c) Information concerning transactions in the shares of Common Stock effected by the Portfolio Funds during the past 60 days is set forth in Schedule A hereto and is incorporated herein by reference.  All of such transactions were effected in open market transactions through various brokerage entities on the New York Stock Exchange.

(d) No person other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock directly beneficially owned by the Portfolio Funds.

(e) Not applicable.
Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

Other than as described herein, there are no contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Persons and any other person with respect to the securities of the Issuer.

The Portfolio Funds may, from time to time, enter into and dispose of cash-settled equity swaps, contracts or other similar derivative contracts with one or more counterparties that are based upon the value of shares of Common Stock, which transactions may be significant in amount. The profit, loss and/or return on such contracts may be wholly or partially dependent on the market value of the shares of Common Stock, the relative value of shares of Common Stock in comparison to one or more other financial instruments, indexes or securities, a basket or group of securities in which shares of Common Stock may be included, or a combination of any of the foregoing. The Portfolio Funds currently have short exposure to an aggregate of 129,776 shares of Common Stock through such contracts.   In addition to the shares of Common Stock reported herein, the Portfolio Funds currently have long exposure to an aggregate of 99,594 shares of Common Stock through such contracts.  These contracts do not give the Reporting Persons, or the Portfolio Funds, direct or indirect voting, investment or dispositive control over any securities of the Issuer.  Accordingly, the Reporting Persons disclaim any beneficial ownership in any securities that may be referenced in such contracts or that may be held from time to time by any counterparties to such contracts.

Item 7.  Material to be filed as Exhibits.
1.    Schedule A - Sixty Day Trading History
2.    Exhibit 99.1 - Joint Filing Agreement
 
 
 
 
 
Page 11 of 12
 
 

SIGNATURE

After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned, severally and not jointly, certifies that the information set forth in this statement is true, complete and correct.


Dated: December 1, 2015

POINT72 ASSET MANAGEMENT, L.P.

By: /s/ Kevin J. O’Connor                                         
Name:  Kevin J. O’Connor
Title:  Authorized Person


POINT72 CAPITAL ADVISORS, INC.

By: /s/ Kevin J. O’Connor                                         
Name:  Kevin J. O’Connor
Title:  Authorized Person


CUBIST SYSTEMATIC STRATEGIES, LLC

By: /s/ Kevin J. O’Connor                                         
Name:  Kevin J. O’Connor
Title:  Authorized Person


RUBRIC CAPITAL MANAGEMENT, LLC

By: /s/ Kevin J. O’Connor                                         
Name:  Kevin J. O’Connor
Title:  Authorized Person


STEVEN A. COHEN

By: /s/ Kevin J. O’Connor                                         
Name:  Kevin J. O’Connor
Title:  Authorized Person
 
 
 
 
 
 
 
 
 
 
 
Page 12 of 12

Schedule A

SIXTY DAY TRADING HISTORY

The amounts reported in the “Weighted Average Price” column in the table below reflect a weighted average price for the shares of Common Stock purchased or sold by an investment fund managed by the Reporting Person indicated.  The shares of Common Stock were purchased or sold, as applicable, in multiple transactions, each at a price within the ranges of price set forth in the “Range of Prices” column in the table below. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges of prices set forth in the table below. 



Trade Date
Name
Amount
Weighted Average Price
Range
9/14/2015
Cubist Systematic Strategies, LLC
300
13.99167
13.990  -  13.995
9/14/2015
Cubist Systematic Strategies, LLC
7000
14.03361
14.000  -  14.090
9/14/2015
Cubist Systematic Strategies, LLC
- 300
14.06667
14.060  -  14.080
9/15/2015
Point72 Asset Management, L.P.
841
14.30957
14.240  -  14.350
9/15/2015
Cubist Systematic Strategies, LLC
- 100
14.34000
14.340  -  14.340
9/15/2015
Cubist Systematic Strategies, LLC
- 1100
14.33636
14.320  -  14.340
9/15/2015
Point72 Asset Management, L.P.
- 1041
14.29834
14.230  -  14.350
9/16/2015
Point72 Asset Management, L.P.
1167
14.75744
14.700  -  14.820
9/16/2015
Cubist Systematic Strategies, LLC
94
14.67000
14.670  -  14.670
9/16/2015
Cubist Systematic Strategies, LLC
- 600
14.82167
14.740  -  14.940
9/16/2015
Cubist Systematic Strategies, LLC
- 100
15.09000
15.090  -  15.090
9/16/2015
Cubist Systematic Strategies, LLC
- 500
14.81500
14.810  -  14.820
9/16/2015
Point72 Asset Management, L.P.
- 1267
14.74634
14.640  -  14.830
9/17/2015
Point72 Asset Management, L.P.
- 78
14.97000
14.970  -  14.970
9/17/2015
Cubist Systematic Strategies, LLC
200
14.79000
14.630  -  14.950
9/17/2015
Cubist Systematic Strategies, LLC
- 100
14.95000
14.950  -  14.950
9/17/2015
Cubist Systematic Strategies, LLC
- 4000
14.93675
14.820  -  14.990
 
 
 
 
 
 
 
 
 
 
9/17/2015
Cubist Systematic Strategies, LLC
- 2100
15.06810
15.000  -  15.150
9/17/2015
Point72 Asset Management, L.P.
- 22
14.94000
14.940  -  14.940
9/18/2015
Cubist Systematic Strategies, LLC
300
14.50000
14.420  -  14.550
9/21/2015
Point72 Asset Management, L.P.
1323
14.32006
14.250  -  14.400
9/21/2015
Cubist Systematic Strategies, LLC
- 100
14.27000
14.270  -  14.270
9/21/2015
Cubist Systematic Strategies, LLC
900
14.33889
14.250  -  14.470
9/21/2015
Point72 Asset Management, L.P.
- 1223
14.30362
14.240  -  14.410
9/22/2015
Cubist Systematic Strategies, LLC
1819
13.68560
13.540  -  13.900
9/22/2015
Cubist Systematic Strategies, LLC
200
13.67000
13.670  -  13.670
9/22/2015
Rubric Capital Management, LLC
50000
13.69379
13.540  -  13.770
9/23/2015
Cubist Systematic Strategies, LLC
2302
13.53243
13.310  -  13.670
9/23/2015
Cubist Systematic Strategies, LLC
9000
13.53094
13.320  -  13.660
9/24/2015
Cubist Systematic Strategies, LLC
100
13.34000
13.340  -  13.340
9/24/2015
Cubist Systematic Strategies, LLC
- 519
13.50129
13.400  -  13.650
9/24/2015
Cubist Systematic Strategies, LLC
100
13.22000
13.220  -  13.220
9/25/2015
Point72 Asset Management, L.P.
498
12.45930
12.380  -  12.620
9/25/2015
Cubist Systematic Strategies, LLC
900
12.63833
12.370  -  12.900
9/25/2015
Cubist Systematic Strategies, LLC
- 94
12.74404
12.610  -  12.970
9/25/2015
Cubist Systematic Strategies, LLC
4176
13.14431
13.000  -  13.440
9/25/2015
Cubist Systematic Strategies, LLC
- 500
12.70000
12.640  -  12.790
9/25/2015
Cubist Systematic Strategies, LLC
500
12.84994
12.848  -  12.850
9/25/2015
Cubist Systematic Strategies, LLC
600
13.04000
13.030  -  13.050
9/25/2015
Point72 Asset Management, L.P.
- 20501
12.63781
12.360  -  12.990
9/25/2015
Point72 Asset Management, L.P.
- 9499
13.10408
13.035  -  13.250
9/25/2015
Point72 Asset Management, L.P.
- 498
12.46434
12.380  -  12.610
9/28/2015
Cubist Systematic Strategies, LLC
- 1400
12.27643
12.190  -  12.370
 
 
 
 
 
 
 
 
9/28/2015
Rubric Capital Management, LLC
- 14000
12.17306
12.020  -  12.370
9/29/2015
Point72 Asset Management, L.P.
205
11.90939
11.880  -  11.940
9/29/2015
Point72 Asset Management, L.P.
100
12.00000
12.000  -  12.000
9/29/2015
Point72 Asset Management, L.P.
- 200
12.16000
12.130  -  12.190
9/29/2015
Cubist Systematic Strategies, LLC
800
11.93938
11.880  -  11.975
9/29/2015
Cubist Systematic Strategies, LLC
200
12.01500
12.000  -  12.030
9/29/2015
Rubric Capital Management, LLC
- 1234
11.94405
11.940  -  11.950
9/29/2015
Rubric Capital Management, LLC
- 3066
12.15462
12.000  -  12.440
9/29/2015
Point72 Asset Management, L.P.
- 405
11.93938
11.890  -  11.970
9/29/2015
Point72 Asset Management, L.P.
- 200
12.09000
12.080  -  12.100
9/30/2015
Point72 Asset Management, L.P.
- 237
12.09890
12.070  -  12.120
9/30/2015
Cubist Systematic Strategies, LLC
502
12.08610
12.010  -  12.140
9/30/2015
Point72 Asset Management, L.P.
- 21
11.99000
11.990  -  11.990
9/30/2015
Point72 Asset Management, L.P.
- 42
12.02000
12.020  -  12.020
10/1/2015
Point72 Asset Management, L.P.
- 4067
11.87721
11.790  -  11.990
10/1/2015
Point72 Asset Management, L.P.
- 300
12.01333
12.000  -  12.040
10/1/2015
Cubist Systematic Strategies, LLC
1300
11.90154
11.810  -  11.980
10/1/2015
Cubist Systematic Strategies, LLC
800
12.11000
12.000  -  12.240
10/1/2015
Point72 Asset Management, L.P.
3267
11.87287
11.780  -  11.970
10/1/2015
Point72 Asset Management, L.P.
600
12.02167
12.000  -  12.040
10/2/2015
Point72 Asset Management, L.P.
- 200
11.97000
11.950  -  11.990
10/2/2015
Point72 Asset Management, L.P.
- 1648
12.23706
12.020  -  12.380
10/2/2015
Cubist Systematic Strategies, LLC
- 100
11.89000
11.890  -  11.890
10/2/2015
Cubist Systematic Strategies, LLC
100
11.90000
11.900  -  11.900
10/2/2015
Cubist Systematic Strategies, LLC
98
12.36000
12.360  -  12.360
10/2/2015
Point72 Asset Management, L.P.
100
11.94000
11.940  -  11.940
10/2/2015
Point72 Asset Management, L.P.
648
12.22407
12.010  -  12.400
 
 
 
 
 
 
 
10/5/2015
Point72 Asset Management, L.P.
- 1321
12.81601
12.760  -  12.970
10/5/2015
Point72 Asset Management, L.P.
- 388
13.21082
13.170  -  13.230
10/5/2015
Cubist Systematic Strategies, LLC
64
12.53000
12.530  -  12.530
10/5/2015
Cubist Systematic Strategies, LLC
- 400
12.94250
12.890  -  12.990
10/5/2015
Cubist Systematic Strategies, LLC
- 800
13.21125
13.100  -  13.270
10/5/2015
Point72 Asset Management, L.P.
30369
13.19327
13.010  -  13.265
10/5/2015
Point72 Asset Management, L.P.
- 424
12.84816
12.760  -  12.980
10/5/2015
Point72 Asset Management, L.P.
- 67
13.17000
13.170  -  13.170
10/6/2015
Point72 Asset Management, L.P.
- 335
13.37281
13.320  -  13.420
10/6/2015
Point72 Asset Management, L.P.
- 96
13.41854
13.400  -  13.420
10/7/2015
Point72 Asset Management, L.P.
- 1541
13.73019
13.610  -  13.910
10/7/2015
Point72 Asset Management, L.P.
- 300
14.04703
14.011  -  14.090
10/7/2015
Cubist Systematic Strategies, LLC
100
13.64000
13.640  -  13.640
10/7/2015
Cubist Systematic Strategies, LLC
- 100
14.12000
14.120  -  14.120
10/7/2015
Point72 Asset Management, L.P.
- 30500
13.63171
13.480  -  13.970
10/7/2015
Point72 Asset Management, L.P.
- 500
14.02000
14.020  -  14.020
10/7/2015
Point72 Asset Management, L.P.
- 528
13.74214
13.560  -  13.910
10/8/2015
Point72 Asset Management, L.P.
- 155
13.57645
13.570  -  13.580
10/8/2015
Point72 Asset Management, L.P.
1214
13.68077
13.600  -  13.870
10/8/2015
Cubist Systematic Strategies, LLC
502
13.64068
13.550  -  13.810
10/8/2015
Point72 Asset Management, L.P.
- 959
13.72497
13.600  -  13.870
10/9/2015
Point72 Asset Management, L.P.
- 769
14.33807
14.260  -  14.368
10/9/2015
Cubist Systematic Strategies, LLC
- 600
14.32833
14.250  -  14.390
 
 
 
 
 
 
 
10/9/2015
Cubist Systematic Strategies, LLC
- 400
14.35000
14.320  -  14.360
10/9/2015
Point72 Asset Management, L.P.
- 218
14.25060
14.150  -  14.320
10/12/2015
Point72 Asset Management, L.P.
- 157
13.87713
13.820  -  13.950
10/12/2015
Point72 Asset Management, L.P.
412
13.91602
13.890  -  13.950
10/12/2015
Point72 Asset Management, L.P.
- 13923
13.90167
13.800  -  13.980
10/12/2015
Point72 Asset Management, L.P.
- 700
14.02857
14.010  -  14.040
10/12/2015
Point72 Asset Management, L.P.
- 557
13.89178
13.810  -  13.950
10/13/2015
Point72 Asset Management, L.P.
- 100
13.99000
13.990  -  13.990
10/13/2015
Point72 Asset Management, L.P.
- 455
14.07371
14.010  -  14.140
10/13/2015
Cubist Systematic Strategies, LLC
- 400
13.98250
13.980  -  13.990
10/13/2015
Cubist Systematic Strategies, LLC
- 1442
14.04047
14.000  -  14.100
10/13/2015
Cubist Systematic Strategies, LLC
- 200
13.93000
13.930  -  13.930
10/13/2015
Point72 Asset Management, L.P.
- 46
13.99000
13.990  -  13.990
10/13/2015
Point72 Asset Management, L.P.
- 110
14.06009
14.040  -  14.090
10/14/2015
Point72 Asset Management, L.P.
- 302
13.86099
13.830  -  13.870
10/14/2015
Point72 Asset Management, L.P.
- 390
14.12487
14.030  -  14.210
10/14/2015
Cubist Systematic Strategies, LLC
600
13.86833
13.830  -  13.900
10/14/2015
Point72 Asset Management, L.P.
- 85
13.89988
13.830  -  13.920
10/14/2015
Point72 Asset Management, L.P.
- 110
14.00909
14.000  -  14.010
10/15/2015
Point72 Asset Management, L.P.
- 304
13.65722
13.550  -  13.760
10/15/2015
Cubist Systematic Strategies, LLC
1200
13.65042
13.550  -  13.750
10/15/2015
Cubist Systematic Strategies, LLC
- 100
13.69000
13.690  -  13.690
10/15/2015
Point72 Asset Management, L.P.
- 86
13.76407
13.740  -  13.770
10/16/2015
Point72 Asset Management, L.P.
- 216
13.31338
13.290  -  13.330
10/16/2015
Cubist Systematic Strategies, LLC
- 900
13.28000
13.170  -  13.340
10/16/2015
Cubist Systematic Strategies, LLC
200
13.34500
13.340  -  13.350
10/16/2015
Point72 Asset Management, L.P.
- 61
13.33803
13.330  -  13.340
10/19/2015
Point72 Asset Management, L.P.
- 36
12.82000
12.820  -  12.820
10/19/2015
Point72 Asset Management, L.P.
- 10
12.82000
12.820  -  12.820
10/20/2015
Cubist Systematic Strategies, LLC
- 4069
12.71459
12.620  -  12.790
 
 
 
 
 
 
 
10/21/2015
Point72 Asset Management, L.P.
- 156
12.71000
12.710  -  12.710
10/21/2015
Cubist Systematic Strategies, LLC
- 484
12.68413
12.680  -  12.690
10/21/2015
Point72 Asset Management, L.P.
- 44
12.61000
12.610  -  12.610
10/22/2015
Cubist Systematic Strategies, LLC
100
12.70000
12.700  -  12.700
10/23/2015
Point72 Asset Management, L.P.
- 312
13.16799
13.020  -  13.280
10/23/2015
Cubist Systematic Strategies, LLC
- 400
13.12250
13.030  -  13.200
10/23/2015
Cubist Systematic Strategies, LLC
200
13.16000
13.160  -  13.160
10/23/2015
Point72 Asset Management, L.P.
- 88
13.19250
13.020  -  13.250
10/26/2015
Point72 Asset Management, L.P.
- 720
13.03783
13.000  -  13.120
10/26/2015
Cubist Systematic Strategies, LLC
67
13.07000
13.070  -  13.070
10/26/2015
Cubist Systematic Strategies, LLC
- 200
13.09500
13.090  -  13.100
10/26/2015
Point72 Asset Management, L.P.
700
12.98000
12.960  -  12.990
10/26/2015
Point72 Asset Management, L.P.
5864
13.05516
13.000  -  13.150
10/26/2015
Point72 Asset Management, L.P.
420
13.08000
13.010  -  13.160
10/27/2015
Point72 Asset Management, L.P.
- 486
12.43881
12.410  -  12.470
10/27/2015
Point72 Asset Management, L.P.
486
12.41654
12.350  -  12.450
10/28/2015
Cubist Systematic Strategies, LLC
600
12.62333
12.510  -  12.700
10/29/2015
Cubist Systematic Strategies, LLC
2516
12.47994
12.450  -  12.500
10/30/2015
Point72 Asset Management, L.P.
- 3890
12.58616
12.502  -  12.650
10/30/2015
Cubist Systematic Strategies, LLC
5662
12.60366
12.560  -  12.665
10/30/2015
Point72 Asset Management, L.P.
3890
12.58368
12.500  -  12.650
11/2/2015
Point72 Asset Management, L.P.
- 3890
12.71355
12.687  -  12.760
11/2/2015
Cubist Systematic Strategies, LLC
7164
12.88843
12.687  -  12.990
11/2/2015
Point72 Asset Management, L.P.
3890
12.71226
12.670  -  12.780
11/3/2015
Point72 Asset Management, L.P.
- 972
12.73872
12.690  -  12.810
11/3/2015
Cubist Systematic Strategies, LLC
- 310
12.67032
12.600  -  12.790
11/3/2015
Cubist Systematic Strategies, LLC
1484
12.67232
12.490  -  12.800
11/3/2015
Cubist Systematic Strategies, LLC
9500
12.55542
12.420  -  12.720
11/3/2015
Point72 Asset Management, L.P.
91771
12.69947
12.410  -  12.875
11/3/2015
Point72 Asset Management, L.P.
972
12.75457
12.690  -  12.860
11/4/2015
Cubist Systematic Strategies, LLC
300
12.63000
12.610  -  12.640
11/4/2015
Cubist Systematic Strategies, LLC
- 2604
12.77017
12.600  -  12.800
11/4/2015
Cubist Systematic Strategies, LLC
1600
12.56000
12.505  -  12.710
 
 
 
 
 
 
 
 
 
11/5/2015
Cubist Systematic Strategies, LLC
- 4261
12.50046
12.340  -  12.590
11/5/2015
Point72 Asset Management, L.P.
- 20000
12.41140
12.070  -  12.590
11/6/2015
Cubist Systematic Strategies, LLC
- 11651
11.53910
11.350  -  11.930
11/6/2015
Cubist Systematic Strategies, LLC
- 100
12.00000
12.000  -  12.000
11/6/2015
Cubist Systematic Strategies, LLC
- 1600
11.88594
11.860  -  11.940
11/6/2015
Cubist Systematic Strategies, LLC
- 1200
12.04292
12.040  -  12.045
11/6/2015
Point72 Asset Management, L.P.
- 20000
11.53040
11.530  -  11.550
11/9/2015
Cubist Systematic Strategies, LLC
100
10.64000
10.640  -  10.640
11/9/2015
Cubist Systematic Strategies, LLC
- 300
10.69667
10.570  -  10.950
11/9/2015
Cubist Systematic Strategies, LLC
200
11.08000
11.080  -  11.080
11/10/2015
Point72 Asset Management, L.P.
- 76
10.58000
10.580  -  10.580
11/10/2015
Cubist Systematic Strategies, LLC
- 200
10.62000
10.620  -  10.620
11/10/2015
Cubist Systematic Strategies, LLC
100
10.62000
10.620  -  10.620
11/10/2015
Cubist Systematic Strategies, LLC
- 300
11.07333
11.070  -  11.080
11/10/2015
Point72 Asset Management, L.P.
- 24
10.58000
10.580  -  10.580
11/11/2015
Point72 Asset Management, L.P.
- 76
10.80000
10.800  -  10.800
11/11/2015
Cubist Systematic Strategies, LLC
100
10.86000
10.860  -  10.860
11/11/2015
Cubist Systematic Strategies, LLC
- 1120
10.86393
10.790  -  10.900
11/11/2015
Point72 Asset Management, L.P.
- 24
10.78000
10.780  -  10.780
11/12/2015
Cubist Systematic Strategies, LLC
500
10.15950
10.060  -  10.230
11/12/2015
Cubist Systematic Strategies, LLC
- 100
10.18000
10.180  -  10.180
11/13/2015
Cubist Systematic Strategies, LLC
- 1500
9.87267
9.860  -  9.900
11/13/2015
Cubist Systematic Strategies, LLC
600
9.87500
9.860  -  9.900
11/13/2015
Cubist Systematic Strategies, LLC
100
10.05000
10.050  -  10.050
11/16/2015
Cubist Systematic Strategies, LLC
- 100
9.93000
9.930  -  9.930
11/16/2015
Cubist Systematic Strategies, LLC
300
9.93667
9.920  -  9.960
11/16/2015
Cubist Systematic Strategies, LLC
300
9.91000
9.910  -  9.910
11/17/2015
Cubist Systematic Strategies, LLC
110
9.49000
9.490  -  9.490
11/17/2015
Cubist Systematic Strategies, LLC
- 100
9.60000
9.600  -  9.600
11/18/2015
Point72 Asset Management, L.P.
- 152
9.76000
9.760  -  9.760
11/18/2015
Cubist Systematic Strategies, LLC
200
9.63500
9.620  -  9.650
11/18/2015
Cubist Systematic Strategies, LLC
- 100
9.72500
9.725  -  9.725
11/18/2015
Point72 Asset Management, L.P.
- 48
9.76000
9.760  -  9.760
11/19/2015
Point72 Asset Management, L.P.
1457
9.69686
9.670  -  9.730
 
 
 
 
 
 
 
 
11/19/2015
Cubist Systematic Strategies, LLC
200
9.73500
9.690  -  9.780
11/19/2015
Point72 Asset Management, L.P.
- 1457
9.70979
9.648  -  9.800
11/20/2015
Cubist Systematic Strategies, LLC
400
9.53000
9.500  -  9.600
11/23/2015
Point72 Asset Management, L.P.
972
9.60955
9.560  -  9.650
11/23/2015
Cubist Systematic Strategies, LLC
- 400
9.60000
9.600  -  9.600
11/23/2015
Cubist Systematic Strategies, LLC
100
9.63000
9.630  -  9.630
11/23/2015
Point72 Asset Management, L.P.
- 972
9.60140
9.570  -  9.636
11/24/2015
Cubist Systematic Strategies, LLC
100
9.65000
9.650  -  9.650
11/24/2015
Cubist Systematic Strategies, LLC
- 100
9.75000
9.750  -  9.750
11/24/2015
Rubric Capital Management, LLC
68300
9.71290
9.670  -  9.800
11/25/2015
Point72 Asset Management, L.P.
1943
9.65707
9.590  -  9.710
11/25/2015
Cubist Systematic Strategies, LLC
300
9.65000
9.650  -  9.650
11/25/2015
Rubric Capital Management, LLC
100000
9.65113
9.560  -  9.845
11/25/2015
Point72 Asset Management, L.P.
- 1943
9.64854
9.585  -  9.690
11/27/2015
Rubric Capital Management, LLC
25000
9.90020
9.670  -  9.970
11/27/2015
Rubric Capital Management, LLC
25000
10.05918
10.020  -  10.160
11/30/2015
Cubist Systematic Strategies, LLC
115
10.31217
10.260  -  10.320
11/30/2015
Cubist Systematic Strategies, LLC
- 100
10.37000
10.370  -  10.370
11/30/2015
Rubric Capital Management, LLC
50000
10.17889
10.080  -  10.350