SUBSEQUENT EVENT

3 Months Ended

May 04, 2014

SUBSEQUENT EVENT

SUBSEQUENT EVENT

NOTE 14—SUBSEQUENT EVENT

On May 1, 2014, Holdings’ Secondary Registration Statement was declared effective by the SEC and Holdings announced the pricing of the secondary public offering at a price of $26.00 per share.  On May 7, 2014, the Selling Stockholders completed the sale of 30 million shares of Holdings’ Common Stock under the secondary public offering. On June 4, 2014, the Selling Stockholders completed the sale of an additional 4.5 million shares of Common Stock sold to the underwriters pursuant to their over-allotment option at a price of $26.00 per share. The Company did not receive any of the proceeds from the sale of these shares. As a result of these sales, the Equity Sponsors, included in the offering as Selling Stockholders, hold approximately 41% of Holdings’ common stock.