EX-2 3 exhibit_2.htm exhibit_2.htm

EXHIBIT 2
 
TRANSACTIONS
 
The following table sets forth all transactions with respect to Shares effected in the last sixty days by the Reporting Persons or on behalf of the Reporting Persons in respect of the Shares, inclusive of any transactions effected through 4:00 p.m., New York City time, on May 16, 2016. Except as otherwise noted below, all such transactions were purchases or sales of securities effected in the open market, and the table includes commissions paid in per share prices.
 
                     
NATURE OF TRANSACTION
  
DATE OF
TRANSACTION
  
AMOUNT OF
SECURITIES
   
PRICE PER
SHARE /
PREMIUM PER
OPTION ($)
 
Purchase of Call Options
  
03/29/2016
  
 
324,500
(1) 
   
2.65
(2) 
Sale of Put Options
  
03/29/2016
  
 
(324,500)
(3) 
   
0.01
(4) 
Purchase of Call Options
  
04/08/2016
  
 
250,000
(1) 
   
1.44
(2) 
Sale of Put Options
  
04/08/2016
  
 
(250,000)
(3) 
   
0.01
(4) 
Purchase of Call Options
  
04/27/2016
  
 
325,000
(1) 
   
2.75
(2) 
Sale of Put Options
  
04/27/2016
  
 
(325,000)
(3) 
   
0.01
(4) 
Purchase of Call Options
  
04/28/2016
  
 
55,000
(1) 
   
2.74
(2) 
Sale of Put Options
  
04/28/2016
  
 
(55,000)
(3) 
   
0.01
(4) 
Purchase of Call Options
  
05/04/2016
  
 
1,055,620
(1) 
   
2.41
(2) 
Sale of Put Options
  
 05/04/2016 
  
 
(1,055,620)
(3) 
   
0.01
(4) 
Purchase of Call Options
  
  05/05/2016 
  
 
4,188,888
(1) 
   
2.47
(2) 
Sale of Put Options
  
  05/05/2016 
  
 
(4,188,888)
(3)  
   
0.01
(4)  
Purchase of Call Options
  
  05/06/2016 
  
 
525,000
(1) 
   
2.72
(2) 
Sale of Put Options
  
  05/06/2016 
  
 
(525,000)
(3)  
   
0.01
(4)  
Purchase of Call Options
  
  05/09/2016 
  
 
1,272,840
(1) 
   
2.77
(2) 
Sale of Put Options
  
  05/09/2016 
  
 
(1,272,840)
(3)  
   
0.01
(4)  
Purchase of Call Options
  
 05/10/2016
  
 
325,000
(1) 
   
3.11
(2) 
Sale of Put Options
  
05/10/2016
  
 
(325,000)
(3) 
   
0.01
(4) 
Purchase of Call Options
  
05/11/2016
  
 
300,000
(1)  
   
3.39
(2)
Sale of Put Options
  
05/11/2016
  
 
(300,000)
(3) 
   
0.01
(4) 
 
___________________________

(1)
Represents Shares underlying American-style physically settled call options purchased in the over-the-counter market. These call options expire on March 31, 2017.
(2)
This amount represents the cost of an applicable American-style physically settled over-the-counter call option to purchase one Share. The per Share exercise price of these call options is $6.80. This exercise price will be adjusted to account for any dividends or other distributions declared by the Issuer prior to exercise of the options.
(3)
Represents Shares underlying physically settled European-style put options sold in the over-the-counter market. These put options expire on the earlier of March 31, 2017 or the date on which the corresponding American-style call option described above in footnote 1 is exercised.
(4)
This amount represents the proceeds received from an applicable physically settled European-style over-the-counter put option to sell one Share. The per Share exercise price of these put options is $6.80. This exercise price will be adjusted to account for any dividends or other distributions declared by the Issuer prior to exercise of the options.