0001213900-18-010018.txt : 20180801 0001213900-18-010018.hdr.sgml : 20180801 20180801141423 ACCESSION NUMBER: 0001213900-18-010018 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20180801 DATE AS OF CHANGE: 20180801 GROUP MEMBERS: CHRIS R. KREIDLER GROUP MEMBERS: FRANK LAZARAN GROUP MEMBERS: JAMES J. MARTELL GROUP MEMBERS: JASON AINTABI GROUP MEMBERS: RICHARD A. ANICETTI GROUP MEMBERS: SANDRA E. TAYLOR GROUP MEMBERS: STEVEN H. BAER SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SUPERVALU INC CENTRAL INDEX KEY: 0000095521 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-GROCERIES & GENERAL LINE [5141] IRS NUMBER: 410617000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0224 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-30924 FILM NUMBER: 18984240 BUSINESS ADDRESS: STREET 1: 11840 VALLEY VIEW ROAD CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 BUSINESS PHONE: 952-828-4000 MAIL ADDRESS: STREET 1: 11840 VALLEY VIEW ROAD CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 FORMER COMPANY: FORMER CONFORMED NAME: SUPER VALU STORES INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Blackwells Capital LLC CENTRAL INDEX KEY: 0001720183 IRS NUMBER: 815196117 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 600 MADISON AVENUE STREET 2: 18TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-792-6096 MAIL ADDRESS: STREET 1: 600 MADISON AVENUE STREET 2: 18TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 sc13d0718a2blackwells_super.htm AMENDMENT NO. 2 TO SCHEDULE 13D

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

SCHEDULE 13D

(Rule 13d-101)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

RULE 13d-2(a)

 

(Amendment No. 2)1

 

SuperValu Inc.

(Name of Issuer)

 

Common Stock, par value $0.01 per share

(Title of Class of Securities)

 

868536301

(CUSIP Number)

 

JASON AINTABI

BLACKWELLS CAPITAL LLC

600 Madison Avenue, 18th Floor

New York, New York 10022

(212) 792-6096

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

July 30, 2018

(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 Rule 13d-1(e), 13d-1(f) or 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 13d-7 for other parties to whom copies are to be sent.

 

 

 

(Continued on following pages)

 

 

1 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 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).

  

 

 

 

1

NAME OF REPORTING PERSONS

 

BLACKWELLS CAPITAL LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a): ☐

(b): ☐

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

WC, OO

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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

 

460,000

9

SOLE DISPOSITIVE POWER

 

- 0 -

10

SHARED DISPOSITIVE POWER

 

460,000

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

460,000

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

1.2%

14

TYPE OF REPORTING PERSON

 

OO

  

2

 

 

1

NAME OF REPORTING PERSONS

 

jason aintabi

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a): ☐

(b): ☐

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO, PF

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

USA

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7

SOLE VOTING POWER

 

465,000

8

SHARED VOTING POWER

 

- 0 -

9

SOLE DISPOSITIVE POWER

 

465,000

10

SHARED DISPOSITIVE POWER

 

- 0 -

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

465,000

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

1.2%

14

TYPE OF REPORTING PERSON

 

IN

 

3

 

 

1

NAME OF REPORTING PERSONS

 

richard a. anicetti

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a): ☐

(b): ☐

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

USA

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7

SOLE VOTING POWER

 

- 0 -

8

SHARED VOTING POWER

 

- 0 -

9

SOLE DISPOSITIVE POWER

 

- 0 -

10

SHARED DISPOSITIVE POWER

 

- 0 -

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

- 0 -

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0%

14

TYPE OF REPORTING PERSON

 

IN

 

4

 

 

1

NAME OF REPORTING PERSONS

 

steven h. baer

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a): ☐

(b): ☐

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

USA

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7

SOLE VOTING POWER

 

- 0 -

8

SHARED VOTING POWER

 

- 0 -

9

SOLE DISPOSITIVE POWER

 

- 0 -

10

SHARED DISPOSITIVE POWER

 

- 0 -

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

- 0 -

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0%

14

TYPE OF REPORTING PERSON

 

IN

 

5

 

 

1

NAME OF REPORTING PERSONS

 

chris r. kreidler

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a): ☐

(b): ☐

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

USA

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7

SOLE VOTING POWER

 

- 0 -

8

SHARED VOTING POWER

 

- 0 -

9

SOLE DISPOSITIVE POWER

 

- 0 -

10

SHARED DISPOSITIVE POWER

 

- 0 -

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

- 0 -

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0%

14

TYPE OF REPORTING PERSON

 

IN

 

6

 

 

1

NAME OF REPORTING PERSONS

 

FRANK LAZARAN

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a): ☐

(b): ☐

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

USA

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7

SOLE VOTING POWER

 

- 0 -

8

SHARED VOTING POWER

 

- 0 -

9

SOLE DISPOSITIVE POWER

 

- 0 -

10

SHARED DISPOSITIVE POWER

 

- 0 -

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

- 0 -

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0%

14

TYPE OF REPORTING PERSON

 

IN

 

7

 

 

1

NAME OF REPORTING PERSONS

 

JAMES J. MARTELL

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a): ☐

(b): ☐

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

USA

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7

SOLE VOTING POWER

 

- 0 -

8

SHARED VOTING POWER

 

- 0 -

9

SOLE DISPOSITIVE POWER

 

- 0 -

10

SHARED DISPOSITIVE POWER

 

- 0 -

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

- 0 -

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0%

14

TYPE OF REPORTING PERSON

 

IN

 

8

 

 

1

NAME OF REPORTING PERSONS

 

SANDRA E. TAYLOR

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a): ☐

(b): ☐

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

USA

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7

SOLE VOTING POWER

 

- 0 -

8

SHARED VOTING POWER

 

- 0 -

9

SOLE DISPOSITIVE POWER

 

- 0 -

10

SHARED DISPOSITIVE POWER

 

- 0 -

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

- 0 -

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0%

14

TYPE OF REPORTING PERSON

 

IN

 

9

 

  

The following constitutes Amendment No. 2 to the Schedule 13D filed by the undersigned (“Amendment No. 2”). This Amendment No. 2 amends the Schedule 13D and Amendment No. 2 to the Schedule 13D as specifically set forth herein.

 

Item 2.Identity and Background.

 

Item 2 is hereby amended to add the following:

 

In connection with the Settlement Agreement, as defined and described in Item 4 below, Richard A. Anicetti, Steven H. Baer, R. Chris Kreidler, Frank Lazaran, James J. Martell and Sandra E. Taylor are no longer members of the Section 13(d) group and shall cease to be Reporting Persons immediately upon the filing of this Amendment No. 2 to the Schedule 13D. In addition, as a result of the transactions described herein, the remaining Reporting Persons who are parties to the Joint Filing Agreement further described in Item 6 below, have ceased to beneficially own more than five percent of the Shares and are no longer required to file statements on Schedule 13D with respect to their beneficial ownership of securities of the Issuer.

 

Item 3.Source and Amount of Funds or Other Consideration.

 

Item 3 is hereby amended to add the following:

 

The Shares beneficially owned by each of Blackwells Capital and Mr. Aintabi were purchased with working capital and personal funds (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases, except as otherwise noted. The aggregate purchase price of the 460,000 Shares beneficially owned directly by Blackwells Capital is approximately $11,514,628, excluding brokerage commissions. The aggregate purchase price of the 5,000 Shares beneficially owned directly by Mr. Aintabi is approximately $103,100, excluding brokerage commissions.

 

Item 4.Purpose of Transaction.

 

Item 4 is hereby amended to add the following:

 

On July 30, 2018, Blackwells Capital and Mr. Aintabi (collectively, “Blackwells”) entered into a Settlement Agreement (the “Settlement Agreement”) with the Issuer. Pursuant to the Settlement Agreement, Blackwells withdrew its nomination of director candidates for election to the Board and proposal for submission to the Issuer’s stockholders at the Issuer’s 2018 annual meeting of stockholders (the “2018 Annual Meeting”) and is subject to certain customary standstill restrictions from the date of the Settlement Agreement until the one-year anniversary of the date of the Settlement Agreement. The foregoing description of the Settlement Agreement is qualified in its entirety by reference to the full text of the Settlement Agreement attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

Item 5.Interest in Securities of the Issuer.

 

Item 5 is hereby amended and restated to read as follows:

 

The aggregate percentage of Shares reportedly owned by each person named herein is based upon 38,623,859 Shares outstanding, as of July 20, 2018, which is the total number of Shares outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on July 26, 2018.

 

A.Blackwells Capital

 

(a)As of the close of business on July 30, 2018, Blackwells Capital beneficially owned 460,000 Shares.

 

Percentage: Approximately 1.2%

 

(b)1. Sole power to vote or direct vote: 0

 

2.Shared power to vote or direct vote: 460,000

 

3.Sole power to dispose or direct the disposition: 0

 

4.Shared power to dispose or direct the disposition: 460,000

 

 

 10 

 

 

(c)The transactions in the Shares by Blackwells Capital during the past sixty (60) days are set forth in Schedule A and are incorporated herein by reference.

 

B.Mr. Aintabi

 

(a)As of the close of business on July 30, 2018, Mr. Aintabi beneficially owned 465,000 Shares, consisting of (i) 5,000 Shares owned directly by Mr. Aintabi and (ii) 460,000 Shares beneficially owned directly by Blackwells Capital, which Mr. Aintabi, as the managing partner of Blackwells Capital, may be deemed to beneficially own.

 

Percentage: Approximately 1.2%

 

(b)1. Sole power to vote or direct vote: 465,000

 

2.Shared power to vote or direct vote: 0

 

3.Sole power to dispose or direct the disposition: 465,000

 

4.Shared power to dispose or direct the disposition: 0

 

(c)The transactions in the Shares by Mr. Aintabi during the past sixty (60) days are set forth in Schedule A and are incorporated herein by reference.

 

(e)As a result of the transactions described herein, on July 30, 2018, each of Blackwells Capital and Mr. Aintabi ceased to be the beneficial owner of more than five percent of the outstanding Shares.

 

Item 6.Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

 

Item 6 is hereby amended to add the following:

 

On July 30, 2018, Blackwells Capital, Mr. Aintabi and the Issuer entered into the Settlement Agreement as defined and described in Item 4 above and attached as Exhibit 99.1 hereto.

 

On August 1, 2018, Blackwells Capital and Mr. Aintabi entered into the Joint Filing Agreement as defined and described in Item 4 above and attached as Exhibit 99.2 hereto.

 

Item 7.Material to be Filed as Exhibits.

 

Item 7 is hereby amended to add the following exhibits.

 

99.1 Settlement Agreement between Blackwells Capital LLC, Jason Aintabi, and SuperValu Inc., dated July 30, 2018.
99.2 Joint Filing Agreement between Blackwells Capital LLC and Jason Aintabi, dated August 1, 2018.

   

11

 

 

SIGNATURES

 

After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Dated:  August 1, 2018

 

  BLACKWELLS CAPITAL LLC
   
  By: /s/ Jason Aintabi  
    Name:   Jason Aintabi  
    Title:     Managing Partner  

 

 

/s/ Jason Aintabi

  JASON AINTABI

  

12

 

  

SCHEDULE A

 

Transactions in the Shares During the Past Sixty (60) Days

 

BLACKWELLS CAPITAL LLC

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (5,000)   19.39    6/4/2018 
Sale of July 2018 Call Option   (100)   3.70    6/4/2018 
Purchase of Stock   2,500    19.19    6/5/2018 
Sale of Stock   (2,500)   19.71    6/5/2018 
Purchase of Stock   7,097    19.76    6/6/2018 
Sale of Stock   (7,097)   19.88    6/6/2018 
Sale of June 2018 Call Option   (100)   1.25    6/6/2018 
Sale of July 2018 Call Option   (100)   4.50    6/7/2018 
Sale of July 2018 Call Option   (8)   2.90    6/7/2018 
Sale of June 2018 Call Option   (35)   0.80    6/7/2018 
Purchase of July 2018 Call Option   450    0.78    6/7/2018 
Purchase of July 2018 Call Option   800    0.60    6/7/2018 
Sale of July 2018 Call Option   (1,250)   0.25    6/7/2018 
Sale of June 2018 Call Option   (50)   1.45    6/7/2018 
Sale of June 2018 Call Option   (50)   1.48    6/7/2018 
Purchase of June 2018 Call Option   350    0.30    6/7/2018 
Sale of July 2018 Call Option   (100)   4.40    6/7/2018 
Sale of July 2018 Call Option   (100)   1.66    6/7/2018 
Purchase of Stock   4,850    19.91    6/8/2018 
Sale of Stock   (4,850)   20.19    6/8/2018 
Sale of Stock   (150,000)   20.43    6/8/2018 
Purchase of July 2018 Call Option   1,500    1.67    6/8/2018 

 

 A-1 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of January 2020 Call Option   (350)   2.91    6/8/2018 
Sale of July 2018 Put Option   (1,500)   1.15    6/8/2018 
Purchase of Stock   2,500    20.46    6/11/2018 
Purchase of Stock   8,000    20.36    6/11/2018 
Purchase of July 2018 Put Option   317    0.78    6/11/2018 
Purchase of Stock   2,500    20.42    6/11/2018 
Purchase of Stock   3,500    20.11    6/11/2018 
Purchase of Stock   15,000    20.21    6/11/2018 
Purchase of July 2018 Put Option   500    0.90    6/11/2018 
Purchase of Stock   5,250    19.95    6/12/2018 
Purchase of Stock   10,000    20.09    6/12/2018 
Sale of Stock   (5,250)   20.18    6/12/2018 
Purchase of Stock   2,500    20.06    6/12/2018 
Purchase of Stock   2,500    20.09    6/12/2018 
Purchase of Stock   12,500    20.09    6/12/2018 
Purchase of June 2018 Call Option   24    0.15    6/12/2018 
Purchase of June 2018 Call Option   300    0.20    6/12/2018 
Sale of Stock   (37,331)   20.03    6/13/2018 
Sale of July 2018 Call Option   (185)   3.80    6/13/2018 
Sale of June 2018 Call Option   (150)   0.77    6/13/2018 
Sale of Stock   (2,500)   20.65    6/13/2018 
Sale of Stock   (1,500)   20.59    6/13/2018 

 

 A-2 

 

  

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (1,500)   20.59    6/13/2018 
Sale of Stock   (1,500)   20.60    6/13/2018 
Sale of Stock   (1,000)   20.61    6/13/2018 
Sale of Stock   (1,000)   20.54    6/13/2018 
Sale of Stock   (914)   20.30    6/13/2018 
Sale of Stock   (584)   20.20    6/13/2018 
Sale of Stock   (2,000)   20.17    6/13/2018 
Sale of Stock   (2,000)   20.17    6/13/2018 
Sale of Stock   (2,000)   20.18    6/13/2018 
Sale of Stock   (100)   20.17    6/13/2018 
Sale of Stock   (1,900)   20.07    6/13/2018 
Sale of Stock   (10,671)   19.97    6/13/2018 
Sale of June 2018 Call Option   (4)   0.20    6/13/2018 
Sale of June 2018 Call Option   (96)   0.10    6/13/2018 
Sale of July 2018 Call Option   (100)   4.75    6/13/2018 
Sale of July 2018 Call Option   (200)   4.20    6/13/2018 
Sale of July 2018 Call Option   (150)   4.20    6/13/2018 
Sale of July 2018 Call Option   (125)   1.20    6/13/2018 
Sale of July 2018 Call Option   (130)   1.16    6/13/2018 
Sale of Stock   (10,000)   19.60    6/14/2018 
Sale of June 2018 Call Option   (115)   0.20    6/14/2018 
Sale of Stock   (5,000)   19.59    6/14/2018 

 

 A-3 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of July 2018 Call Option   (14)   1.20    6/14/2018 
Sale of July 2018 Call Option   (136)   1.15    6/14/2018 
Sale of July 2018 Call Option   (100)   1.00    6/14/2018 
Sale of January 2019 Call Option   (17)   2.85    6/14/2018 
Purchase of Stock   2,000    19.54    6/15/2018 
Purchase of Stock   20,000    19.57    6/15/2018 
Purchase of Stock   235,000    19.59    6/15/2018 
Sale of Stock   (10,000)   19.84    6/15/2018 
Sale of July 2018 Call Option   (500)   0.40    6/15/2018 
Purchase of October 2018 Call Option   550    1.53    6/15/2018 
Sale of July 2018 Call Option   (1,850)   0.10    6/15/2018 
Purchase of July 2018 Put Option   500    2.80    6/15/2018 
Purchase of July 2018 Put Option   1,850    4.50    6/15/2018 
Purchase of Stock   400    19.66    6/15/2018 
Purchase of Stock   13,100    19.70    6/15/2018 
Sale of June 2018 Call Option   (574)   -    6/15/2018 
Sale of June 2018 Put Option   (350)   -    6/15/2018 
Purchase of July 2018 Call Option   500    0.50    6/15/2018 
Sale of July 2018 Put Option   (47)   2.55    6/15/2018 
Purchase of Stock   3,500    19.77    6/18/2018 
Purchase of Stock   250,000    20.31    6/18/2018 
Sale of October 2018 Call Option   (2,500)   1.30    6/18/2018 

 

 A-4 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of October 2018 Put Option   2,500    4.90    6/18/2018 
Purchase of Stock   3,500    20.42    6/18/2018 
Purchase of Stock   3,500    20.59    6/19/2018 
Purchase of Stock   1,000    20.94    6/20/2018 
Purchase of Stock   10,000    20.40    6/20/2018 
Sale of Stock   (3,964)   20.40    6/20/2018 
Sale of Stock   (1,036)   20.37    6/20/2018 
Purchase of Stock   3,000    20.80    6/20/2018 
Purchase of Stock   5,000    20.65    6/20/2018 
Purchase of Stock   14,309    20.31    6/20/2018 
Purchase of Stock   691    20.36    6/20/2018 
Purchase of Stock   5,000    20.39    6/20/2018 
Sale of Stock   (5,000)   21.03    6/21/2018 
Sale of July 2018 Call Option   (100)   1.75    6/21/2018 
Sale of Stock   (1,000)   20.91    6/21/2018 
Sale of Stock   (1,000)   20.93    6/21/2018 
Sale of Stock   (2,000)   21.03    6/21/2018 
Sale of Stock   (2,000)   20.90    6/21/2018 
Sale of Stock   (1,000)   20.92    6/21/2018 
Sale of Stock   (1,000)   20.95    6/21/2018 
Sale of Stock   (2,000)   20.95    6/21/2018 
Sale of Stock   (2,000)   20.97    6/21/2018 

 

 A-5 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (2,000)   20.94    6/21/2018 
Sale of Stock   (3,500)   21.01    6/21/2018 
Sale of Stock   (1,500)   21.01    6/21/2018 
Sale of Stock   (1,174)   21.06    6/21/2018 
Sale of Stock   (1,826)   21.01    6/21/2018 
Sale of Stock   (100)   21.10    6/21/2018 
Sale of Stock   (1,000)   21.10    6/21/2018 
Sale of Stock   (1,900)   21.11    6/21/2018 
Purchase of Stock   1,506    20.81    6/21/2018 
Purchase of Stock   994    20.82    6/21/2018 
Sale of July 2018 Call Option   (100)   1.80    6/21/2018 
Sale of Stock   (2,000)   21.32    6/22/2018 
Sale of July 2018 Call Option   (75)   1.86    6/22/2018 
Purchase of July 2018 Put Option   300    0.70    6/22/2018 
Sale of Stock   (2,000)   21.35    6/22/2018 
Sale of Stock   (2,000)   21.23    6/22/2018 
Sale of July 2018 Call Option   (75)   1.91    6/22/2018 
Sale of July 2018 Call Option   (100)   0.75    6/22/2018 
Sale of Stock   (13,000)   21.31    6/25/2018 
Sale of July 2018 Call Option   (140)   1.91    6/25/2018 
Sale of Stock   (3,500)   21.46    6/25/2018 
Sale of July 2018 Call Option   (35)   1.90    6/25/2018 

 

 A-6 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of July 2018 Call Option   (15)   1.90    6/25/2018 
Sale of July 2018 Call Option   (200)   0.80    6/25/2018 
Purchase of Stock   3,500    21.00    6/26/2018 
Purchase of Stock   2,500    20.78    6/26/2018 
Sale of Stock   (2,501)   21.32    6/26/2018 
Sale of Stock   (1,719)   21.29    6/26/2018 
Purchase of Stock   2,500    20.71    6/26/2018 
Sale of July 2018 Put Option   (100)   0.35    6/26/2018 
Purchase of Stock   5,000    20.86    6/27/2018 
Purchase of Stock   1,750    21.14    6/27/2018 
Purchase of Stock   1,000    20.84    6/27/2018 
Purchase of Stock   5,000    20.87    6/27/2018 
Purchase of Stock   5,000    20.44    6/28/2018 
Purchase of Stock   3,500    20.50    6/28/2018 
Sale of Stock   (8,500)   20.55    6/28/2018 
Purchase of January 2019 Call Option   1,000    1.68    6/28/2018 
Sale of January 2019 Call Option   (1,000)   1.19    6/28/2018 
Purchase of Stock   48,500    20.53    6/29/2018 
Sale of Stock   (40,000)   20.52    6/29/2018 
Purchase of Stock   3,500    20.49    6/29/2018 
Purchase of Stock   3,250    20.43    6/29/2018 
Purchase of Stock   500    20.38    6/29/2018 

 

 A-7 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (500)   20.40    6/29/2018 
Purchase of Stock   500    20.42    6/29/2018 
Sale of Stock   (500)   20.45    6/29/2018 
Purchase of Stock   500    20.48    6/29/2018 
Sale of Stock   (500)   20.51    6/29/2018 
Purchase of Stock   500    20.48    6/29/2018 
Sale of Stock   (500)   20.52    6/29/2018 
Sale of Stock   (500)   20.57    6/29/2018 
Sale of Stock   (500)   20.58    6/29/2018 
Sale of Stock   (500)   20.59    6/29/2018 
Sale of Stock   (7,500)   20.87    7/2/2018 
Sale of July 2018 Call Option   (100)   1.55    7/2/2018 
Sale of July 2018 Call Option   (100)   0.50    7/2/2018 
Sale of July 2018 Call Option   (100)   0.50    7/2/2018 
Sale of July 2018 Call Option   (10)   1.45    7/2/2018 
Sale of July 2018 Call Option   (150)   1.40    7/2/2018 
Sale of July 2018 Call Option   (10)   1.40    7/2/2018 
Sale of July 2018 Call Option   (80)   1.35    7/2/2018 
Sale of July 2018 Call Option   (50)   1.40    7/2/2018 
Sale of Stock   (2,600)   20.87    7/2/2018 
Sale of Stock   (800)   20.86    7/2/2018 
Sale of Stock   (2,500)   20.87    7/2/2018 

 

 A-8 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (2,500)   20.86    7/2/2018 
Sale of Stock   (1,600)   20.86    7/2/2018 
Sale of Stock   (5,000)   20.85    7/2/2018 
Sale of July 2018 Call Option   (110)   1.80    7/5/2018 
Sale of July 2018 Put Option   (175)   0.26    7/5/2018 
Sale of July 2018 Call Option   (100)   1.80    7/5/2018 
Sale of July 2018 Call Option   (10)   1.68    7/5/2018 
Purchase of August 2018 Call Option   10    1.93    7/5/2018 
Sale of July 2018 Call Option   (50)   1.68    7/5/2018 
Purchase of August 2018 Call Option   50    1.93    7/5/2018 
Sale of July 2018 Call Option   (98)   1.65    7/5/2018 
Purchase of August 2018 Call Option   98    1.90    7/5/2018 
Sale of July 2018 Call Option   (2)   1.64    7/5/2018 
Purchase of August 2018 Call Option   2    1.91    7/5/2018 
Sale of July 2018 Call Option   (100)   1.64    7/5/2018 
Purchase of August 2018 Call Option   100    1.91    7/5/2018 
Sale of July 2018 Call Option   (90)   1.65    7/5/2018 
Purchase of August 2018 Call Option   90    1.90    7/5/2018 
Sale of July 2018 Call Option   (175)   2.05    7/6/2018 
Sale of July 2018 Call Option   (150)   0.55    7/6/2018 
Sale of July 2018 Call Option   (500)   0.20    7/6/2018 
Purchase of August 2018 Call Option   500    0.90    7/6/2018 

 

 A-9 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of July 2018 Call Option   (50)   2.10    7/6/2018 
Sale of July 2018 Call Option   (25)   2.10    7/6/2018 
Sale of Stock   (5,000)   22.39    7/6/2018 
Purchase of Stock   1,500    21.95    7/9/2018 
Purchase of Stock   49,000    22.00    7/9/2018 
Sale of Stock   (45,000)   22.05    7/9/2018 
Sale of July 2018 Call Option   (350)   0.20    7/9/2018 
Purchase of August 2018 Call Option   500    0.95    7/9/2018 
Purchase of August 2018 Call Option   350    1.00    7/9/2018 
Sale of July 2018 Call Option   (615)   0.09    7/9/2018 
Purchase of August 2018 Call Option   615    0.73    7/9/2018 
Purchase of Stock   1,250    21.92    7/9/2018 
Purchase of Stock   3,250    21.89    7/9/2018 
Purchase of August 2018 Call Option   500    0.55    7/9/2018 
Purchase of Stock   8,000    21.61    7/10/2018 
Purchase of July 2018 Call Option   50    0.69    7/10/2018 
Purchase of August 2018 Call Option   100    0.85    7/10/2018 
Purchase of August 2018 Call Option   750    0.82    7/10/2018 
Sale of August 2018 Call Option   (750)   0.42    7/10/2018 
Purchase of August 2018 Call Option   100    0.95    7/10/2018 
Purchase of July 2018 Put Option   47    0.83    7/10/2018 
Purchase of August 2018 Call Option   100    0.90    7/10/2018 

 

 A-10 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of Stock   1,975    21.63    7/10/2018 
Purchase of August 2018 Call Option   100    0.85    7/10/2018 
Purchase of August 2018 Call Option   100    1.90    7/10/2018 
Purchase of October 2018 Call Option   150    1.70    7/10/2018 
Purchase of Stock   2,500    21.00    7/11/2018 
Purchase of Stock   3,500    21.06    7/11/2018 
Sale of Stock   (1,000)   21.19    7/11/2018 
Purchase of October 2018 Call Option   150    1.55    7/11/2018 
Purchase of August 2018 Call Option   100    1.65    7/11/2018 
Purchase of Stock   2,500    21.04    7/11/2018 
Sale of Stock   (3,390)   21.87    7/13/2018 
Purchase of Stock   3,390    21.87    7/13/2018 
Sale of Stock   (1,610)   21.83    7/13/2018 
Sale of Stock   (3,390)   21.87    7/13/2018 
Sale of July 2018 Call Option   (650)   0.16    7/13/2018 
Purchase of August 2018 Call Option   650    0.90    7/13/2018 
Sale of Stock   (2,000)   21.88    7/13/2018 
Purchase of Stock   1,402    21.58    7/16/2018 
Purchase of Stock   1,500    21.89    7/18/2018 
Purchase of Stock   22,464    21.73    7/18/2018 
Purchase of Stock   10,100    21.63    7/18/2018 
Sale of Stock   (6,256)   21.51    7/18/2018 

 

 A-11 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (20,000)   21.50    7/18/2018 
Purchase of August 2018 Call Option   150    0.80    7/18/2018 
Purchase of August 2018 Call Option   75    2.15    7/18/2018 
Purchase of August 2018 Call Option   75    0.90    7/18/2018 
Purchase of August 2018 Call Option   235    0.59    7/18/2018 
Purchase of Stock   750    21.72    7/18/2018 
Purchase of Stock   750    21.73    7/18/2018 
Purchase of Stock   15,000    20.93    7/20/2018 
Sale of Stock   (185,000)   24.00    7/20/2018 
Sale of Stock   (50,000)   21.00    7/20/2018 
Sale of Stock   (851)   20.85    7/20/2018 
Sale of Stock   (800)   20.84    7/20/2018 
Sale of Stock   (6,808)   20.81    7/20/2018 
Sale of July 2018 Call Option   (150)   -    7/20/2018 
Purchase of August 2018 Call Option   200    0.59    7/20/2018 
Sale of January 2020 Call Option   (50)   3.00    7/20/2018 
Sale of January 2020 Call Option   (250)   2.86    7/20/2018 
Sale of July 2018 Put Option   (250)   -    7/20/2018 
Sale of July 2018 Put Option   (317)   -    7/20/2018 
Sale of July 2018 Put Option   (125)   -    7/20/2018 
Purchase of July 2018 Put Option   500    0.31    7/20/2018 
Sale of July 2018 Put Option   (500)   -    7/20/2018 

 

 A-12 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of August 2018 Put Option   450    1.49    7/20/2018 
Purchase of August 2018 Put Option   500    1.53    7/20/2018 
Sale of July 2018 Put Option   (500)   1.18    7/20/2018 
Sale of July 2018 Put Option   (1,850)   -    7/20/2018 
Purchase of August 2018 Put Option   200    1.15    7/20/2018 
Purchase of August 2018 Call Option   500    0.70    7/20/2018 
Purchase of Stock   15,000    20.61    7/20/2018 
Sale of July 2018 Put Option   (400)   -    7/20/2018 
Sale of August 2018 Call Option   (2,000)   0.33    7/23/2018 
Purchase of October 2018 Call Option   2,000    1.05    7/23/2018 
Purchase of August 2018 Put Option   200    1.40    7/23/2018 
Purchase of August 2018 Put Option   100    1.45    7/23/2018 
Sale of Stock   (25,000)   19.81    7/23/2018 
Purchase of August 2018 Call Option   500    1.15    7/23/2018 
Purchase of August 2018 Call Option   750    0.65    7/23/2018 
Purchase of Stock   15,000    19.55    7/24/2018 
Purchase of August 2018 Call Option   1,000    0.65    7/24/2018 
Purchase of August 2018 Call Option   750    0.46    7/24/2018 
Sale of August 2018 Put Option   (750)   0.41    7/24/2018 
Sale of August 2018 Put Option   (200)   2.20    7/24/2018 
Sale of August 2018 Put Option   (125)   1.59    7/24/2018 
Purchase of Stock   25,000    19.71    7/24/2018 

 

 A-13 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of Stock   40,000    19.39    7/25/2018 
Purchase of Stock   22,200    19.35    7/25/2018 
Sale of Stock   (36,981)   19.52    7/25/2018 
Sale of Stock   (25,219)   19.40    7/25/2018 
Purchase of August 2018 Call Option   500    0.88    7/25/2018 
Sale of August 2018 Put Option   (250)   2.37    7/25/2018 
Purchase of August 2018 Call Option   750    0.35    7/25/2018 
Purchase of Stock   1,100,000    32.00    7/26/2018 
Sale of Stock   (157,048)   32.01    7/26/2018 
Sale of Stock   (100,000)   32.00    7/26/2018 
Sale of Stock   (45,000)   32.00    7/26/2018 
Sale of Stock   (53,958)   32.00    7/26/2018 
Purchase of January 2019 Call Option   652    11.30    7/26/2018 
Sale of January 2019 Call Option   (652)   11.00    7/26/2018 
Purchase of August 2018 Call Option   825    11.02    7/26/2018 
Purchase of August 2018 Call Option   300    11.00    7/26/2018 
Sale of August 2018 Call Option   (1,625)   10.90    7/26/2018 
Purchase of January 2019 Call Option   20    10.20    7/26/2018 
Purchase of January 2019 Call Option   652    10.04    7/26/2018 
Sale of January 2019 Call Option   (672)   10.10    7/26/2018 
Sale of August 2018 Call Option   (1,000)   9.90    7/26/2018 
Purchase of August 2018 Call Option   1,250    9.00    7/26/2018 

 

 A-14 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of August 2018 Call Option   (2,000)   8.97    7/26/2018 
Sale of October 2018 Call Option   (550)   8.90    7/26/2018 
Purchase of August 2018 Call Option   1,125    8.00    7/26/2018 
Sale of August 2018 Call Option   (2,325)   8.00    7/26/2018 
Purchase of October 2018 Call Option   1,000    8.15    7/26/2018 
Sale of October 2018 Call Option   (2,000)   7.93    7/26/2018 
Sale of October 2018 Call Option   (1,000)   8.20    7/26/2018 
Sale of August 2018 Call Option   (615)   6.80    7/26/2018 
Purchase of October 2018 Call Option   1,000    7.24    7/26/2018 
Sale of October 2018 Call Option   (1,000)   7.01    7/26/2018 
Purchase of January 2019 Call Option   1,000    6.30    7/26/2018 
Sale of January 2019 Call Option   (1,000)   6.92    7/26/2018 
Purchase of August 2018 Call Option   750    6.10    7/26/2018 
Purchase of January 2019 Call Option   1,000    5.00    7/26/2018 
Sale of January 2019 Call Option   (1,000)   4.31    7/26/2018 
Purchase of January 2020 Call Option   650    3.02    7/26/2018 
Sale of October 2018 Call Option   (11,000)   0.01    7/26/2018 
Purchase of August 2018 Put Option   750    0.02    7/26/2018 
Purchase of October 2018 Put Option   11,000    0.93    7/26/2018 
Sale of Stock   (50,000)   31.99    7/26/2018 
Sale of Stock   (35,000)   32.12    7/26/2018 
Sale of August 2018 Call Option   (235)   6.60    7/26/2018 

 

 A-15 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of January 2019 Put Option   21    0.05    7/26/2018 
Sale of August 2018 Call Option   (500)   6.00    7/26/2018 
Sale of October 2018 Call Option   (300)   8.00    7/26/2018 
Sale of October 2018 Call Option   (43)   11.00    7/26/2018 
Purchase of October 2018 Put Option   44    0.05    7/26/2018 
Sale of August 2018 Call Option   (200)   11.10    7/26/2018 
Sale of August 2018 Call Option   (200)   11.00    7/26/2018 
Sale of August 2018 Call Option   (300)   11.00    7/26/2018 
Sale of August 2018 Call Option   (300)   11.00    7/26/2018 
Sale of August 2018 Call Option   (125)   11.00    7/26/2018 
Sale of August 2018 Call Option   (300)   9.00    7/26/2018 
Sale of August 2018 Call Option   (300)   9.00    7/26/2018 
Sale of August 2018 Call Option   (300)   9.00    7/26/2018 
Sale of August 2018 Call Option   (350)   9.00    7/26/2018 
Sale of August 2018 Call Option   (300)   8.00    7/26/2018 
Sale of August 2018 Call Option   (300)   8.00    7/26/2018 
Sale of August 2018 Call Option   (525)   8.00    7/26/2018 
Sale of January 2019 Call Option   (300)   6.30    7/26/2018 
Sale of January 2019 Call Option   (300)   6.30    7/26/2018 
Sale of January 2019 Call Option   (400)   6.30    7/26/2018 
Sale of January 2019 Call Option   (652)   11.10    7/26/2018 
Purchase of January 2019 Call Option   200    10.10    7/26/2018 

 

 A-16 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of January 2019 Call Option   180    10.10    7/26/2018 
Purchase of January 2019 Call Option   272    10.20    7/26/2018 
Purchase of January 2019 Call Option   20    10.20    7/26/2018 
Purchase of January 2019 Call Option   250    4.30    7/26/2018 
Purchase of January 2019 Call Option   250    4.30    7/26/2018 
Purchase of January 2019 Call Option   250    4.40    7/26/2018 
Purchase of January 2019 Call Option   250    4.35    7/26/2018 
Sale of January 2019 Call Option   (20)   10.20    7/26/2018 
Sale of October 2018 Call Option   (300)   8.15    7/26/2018 
Sale of October 2018 Call Option   (300)   8.15    7/26/2018 
Sale of October 2018 Call Option   (400)   8.15    7/26/2018 
Purchase of October 2018 Call Option   250    6.95    7/26/2018 
Purchase of October 2018 Call Option   250    7.10    7/26/2018 
Purchase of October 2018 Call Option   500    7.06    7/26/2018 
Sale of Stock   (26,025)   32.12    7/30/2018 
Sale of Stock   (1,865,000)   32.13    7/30/2018 
Purchase of October 2018 Call Option   1,900    11.28    7/30/2018 
Purchase of October 2018 Call Option   5,750    8.28    7/30/2018 
Purchase of October 2018 Call Option   11,000    0.03    7/30/2018 
Sale of October 2018 Put Option   (1,900)   0.05    7/30/2018 
Sale of October 2018 Put Option   (5,750)   0.05    7/30/2018 
Sale of October 2018 Put Option   (11,000)   0.80    7/30/2018 
Sale of Stock   (15,000)   32.12    7/30/2018 
Sale of Stock   (15,000)   32.12    7/30/2018 
Sale of Stock   (8,975)   32.12    7/30/2018 

 

 A-17 

 

 

JASON AINTABI

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (3,000)   19.05    6/4/2018 
Purchase of October 2018 Put Option   22    5.80    6/4/2018 
Sale of Stock   (100)   19.39    6/4/2018 
Sale of Stock   (100)   19.39    6/4/2018 
Sale of Stock   (100)   19.39    6/4/2018 
Sale of Stock   (100)   19.39    6/4/2018 
Sale of Stock   (100)   19.39    6/4/2018 
Sale of Stock   (100)   19.39    6/4/2018 
Sale of Stock   (200)   19.39    6/4/2018 
Sale of Stock   (100)   19.39    6/4/2018 
Sale of Stock   (100)   19.39    6/4/2018 
Sale of Stock   (100)   19.39    6/4/2018 
Sale of Stock   (100)   19.39    6/4/2018 
Sale of Stock   (100)   19.39    6/4/2018 
Sale of Stock   (100)   19.39    6/4/2018 
Sale of Stock   (100)   19.39    6/4/2018 
Sale of Stock   (100)   19.39    6/4/2018 
Sale of Stock   (3,400)   19.38    6/4/2018 
Purchase of Stock   125    19.73    6/6/2018 
Purchase of Stock   100    19.73    6/6/2018 
Purchase of Stock   75    19.73    6/6/2018 
Purchase of Stock   100    19.73    6/6/2018 

 

 A-18 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of Stock   100    19.73    6/6/2018 
Purchase of Stock   100    19.73    6/6/2018 
Purchase of Stock   100    19.73    6/6/2018 
Purchase of Stock   1,423    19.73    6/6/2018 
Purchase of Stock   127    19.73    6/6/2018 
Purchase of June 2018 Call Option   12    0.30    6/7/2018 
Purchase of June 2018 Call Option   138    0.30    6/7/2018 
Sale of July 2018 Call Option   (29)   4.40    6/7/2018 
Sale of July 2018 Call Option   (13)   4.40    6/7/2018 
Sale of July 2018 Call Option   (29)   4.40    6/7/2018 
Sale of July 2018 Call Option   (29)   4.40    6/7/2018 
Sale of Stock   (2,500)   20.39    6/7/2018 
Purchase of October 2018 Put Option   54    5.04    6/7/2018 
Purchase of January 2019 Put Option   34    4.94    6/7/2018 
Purchase of January 2019 Put Option   33    4.94    6/7/2018 
Purchase of October 2018 Put Option   20    3.12    6/7/2018 
Sale of July 2018 Put Option   (12)   0.51    6/7/2018 
Sale of July 2018 Put Option   (12)   0.50    6/7/2018 
Purchase of Stock   100    20.12    6/7/2018 
Purchase of Stock   100    20.12    6/7/2018 
Purchase of Stock   100    20.12    6/7/2018 
Purchase of Stock   100    20.12    6/7/2018 

 

 A-19 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of Stock   100    20.12    6/7/2018 
Purchase of Stock   100    20.12    6/7/2018 
Purchase of Stock   100    20.12    6/7/2018 
Purchase of Stock   100    20.12    6/7/2018 
Purchase of Stock   115    20.12    6/7/2018 
Purchase of Stock   1,200    20.12    6/7/2018 
Purchase of Stock   385    20.12    6/7/2018 
Purchase of Stock   100    20.13    6/7/2018 
Purchase of Stock   100    20.13    6/7/2018 
Purchase of Stock   100    20.13    6/7/2018 
Purchase of Stock   100    20.13    6/7/2018 
Purchase of Stock   100    20.13    6/7/2018 
Purchase of Stock   100    20.13    6/7/2018 
Purchase of Stock   100    20.13    6/7/2018 
Purchase of Stock   200    20.14    6/7/2018 
Purchase of Stock   100    20.14    6/7/2018 
Purchase of Stock   100    20.14    6/7/2018 
Purchase of Stock   100    20.13    6/7/2018 
Purchase of Stock   100    20.13    6/7/2018 
Purchase of Stock   100    20.13    6/7/2018 
Purchase of Stock   200    20.13    6/7/2018 

 

 A-20 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of Stock   100    20.13    6/7/2018 
Purchase of Stock   100    20.13    6/7/2018 
Purchase of Stock   100    20.13    6/7/2018 
Purchase of Stock   200    20.14    6/7/2018 
Purchase of Stock   200    20.13    6/7/2018 
Purchase of Stock   100    20.14    6/7/2018 
Purchase of Stock   200    20.13    6/7/2018 
Purchase of Stock   100    20.13    6/7/2018 
Purchase of Stock   200    20.13    6/7/2018 
Purchase of Stock   100    20.13    6/7/2018 
Sale of Stock   (100)   19.78    6/8/2018 
Sale of Stock   (100)   19.76    6/8/2018 
Sale of Stock   (100)   19.76    6/8/2018 
Sale of Stock   (100)   19.76    6/8/2018 
Sale of Stock   (100)   19.76    6/8/2018 
Sale of Stock   (100)   19.76    6/8/2018 
Sale of Stock   (100)   19.76    6/8/2018 
Sale of Stock   (100)   19.76    6/8/2018 
Sale of Stock   (100)   19.76    6/8/2018 
Sale of Stock   (100)   19.76    6/8/2018 
Purchase of Stock   200    19.77    6/8/2018 
Purchase of Stock   2,799    19.77    6/8/2018 
Purchase of Stock   1    19.78    6/8/2018 

 

 A-21 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of January 2020 Call Option   (10)   2.90    6/8/2018 
Sale of January 2020 Call Option   (5)   2.90    6/8/2018 
Sale of January 2020 Call Option   (5)   2.90    6/8/2018 
Sale of January 2020 Call Option   (30)   2.90    6/8/2018 
Sale of January 2020 Call Option   (1)   2.90    6/8/2018 
Sale of January 2020 Call Option   (10)   2.90    6/8/2018 
Sale of January 2020 Call Option   (5)   2.90    6/8/2018 
Sale of January 2020 Call Option   (16)   2.90    6/8/2018 
Sale of January 2020 Call Option   (21)   2.90    6/8/2018 
Sale of January 2020 Call Option   (5)   2.90    6/8/2018 
Sale of January 2020 Call Option   (22)   2.90    6/8/2018 
Sale of January 2020 Call Option   (2)   2.90    6/8/2018 
Sale of January 2020 Call Option   (10)   2.90    6/8/2018 
Sale of January 2020 Call Option   (30)   2.90    6/8/2018 
Sale of January 2020 Call Option   (16)   2.90    6/8/2018 
Sale of January 2020 Call Option   (17)   2.90    6/8/2018 
Sale of January 2020 Call Option   (11)   2.90    6/8/2018 
Sale of January 2020 Call Option   (10)   2.90    6/8/2018 
Sale of January 2020 Call Option   (20)   2.90    6/8/2018 
Sale of January 2020 Call Option   (14)   2.90    6/8/2018 
Sale of January 2020 Call Option   (12)   2.90    6/8/2018 
Sale of January 2020 Call Option   (5)   2.90    6/8/2018 

 

 A-22 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of January 2020 Call Option   (5)   2.90    6/8/2018 
Sale of January 2020 Call Option   (1)   2.90    6/8/2018 
Sale of January 2020 Call Option   (3)   2.90    6/8/2018 
Sale of January 2020 Call Option   (21)   2.90    6/8/2018 
Sale of January 2020 Call Option   (12)   2.90    6/8/2018 
Sale of January 2020 Call Option   (10)   2.90    6/8/2018 
Sale of January 2020 Call Option   (21)   2.90    6/8/2018 
Purchase of June 2018 Call Option   55    0.40    6/8/2018 
Purchase of June 2018 Call Option   55    0.40    6/8/2018 
Purchase of June 2018 Call Option   1    0.40    6/8/2018 
Purchase of June 2018 Call Option   55    0.40    6/8/2018 
Purchase of June 2018 Call Option   59    0.40    6/8/2018 
Purchase of July 2018 Put Option   60    1.15    6/11/2018 
Purchase of July 2018 Put Option   60    1.15    6/11/2018 
Purchase of July 2018 Put Option   13    1.15    6/11/2018 
Purchase of July 2018 Put Option   13    1.15    6/11/2018 
Purchase of July 2018 Put Option   13    1.15    6/11/2018 
Purchase of July 2018 Put Option   13    1.15    6/11/2018 
Purchase of July 2018 Put Option   13    1.15    6/11/2018 
Purchase of July 2018 Put Option   13    1.15    6/11/2018 
Purchase of July 2018 Put Option   2    1.15    6/11/2018 
Purchase of Stock   3,300    19.90    6/12/2018 

 

 A-23 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of Stock   200    19.90    6/12/2018 
Purchase of Stock   100    20.09    6/12/2018 
Purchase of Stock   100    20.09    6/12/2018 
Purchase of Stock   100    20.10    6/12/2018 
Purchase of Stock   100    20.10    6/12/2018 
Purchase of Stock   300    20.09    6/12/2018 
Purchase of Stock   300    20.09    6/12/2018 
Purchase of Stock   100    20.09    6/12/2018 
Purchase of Stock   100    20.09    6/12/2018 
Purchase of Stock   300    20.09    6/12/2018 
Purchase of Stock   300    20.09    6/12/2018 
Purchase of Stock   200    20.09    6/12/2018 
Purchase of Stock   200    20.09    6/12/2018 
Purchase of Stock   400    20.09    6/12/2018 
Purchase of Stock   125    20.09    6/12/2018 
Purchase of Stock   400    20.09    6/12/2018 
Purchase of Stock   100    20.09    6/12/2018 
Purchase of Stock   100    20.09    6/12/2018 
Purchase of Stock   300    20.09    6/12/2018 
Purchase of Stock   800    20.09    6/12/2018 
Purchase of Stock   100    20.09    6/12/2018 
Purchase of Stock   100    20.09    6/12/2018 

 

 A-24 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of Stock   157    20.10    6/12/2018 
Purchase of Stock   302    20.10    6/12/2018 
Purchase of Stock   100    20.10    6/12/2018 
Purchase of Stock   200    20.10    6/12/2018 
Purchase of Stock   806    20.10    6/12/2018 
Purchase of Stock   194    20.10    6/12/2018 
Purchase of Stock   30    20.10    6/12/2018 
Purchase of Stock   100    20.10    6/12/2018 
Purchase of Stock   100    20.10    6/12/2018 
Purchase of Stock   300    20.10    6/12/2018 
Purchase of Stock   86    20.10    6/12/2018 
Purchase of Stock   100    20.10    6/12/2018 
Purchase of Stock   100    20.10    6/12/2018 
Purchase of Stock   300    20.10    6/12/2018 
Purchase of Stock   7,500    20.10    6/12/2018 
Sale of Stock   (15,000)   19.81    6/13/2018 
Sale of July 2018 Call Option   (2)   4.80    6/13/2018 
Sale of July 2018 Call Option   (10)   4.80    6/13/2018 
Sale of July 2018 Call Option   (2)   4.80    6/13/2018 
Sale of July 2018 Call Option   (2)   4.80    6/13/2018 
Sale of July 2018 Call Option   (16)   4.80    6/13/2018 
Sale of July 2018 Call Option   (9)   4.80    6/13/2018 

 

 A-25 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of July 2018 Call Option   (2)   4.80    6/13/2018 
Sale of July 2018 Call Option   (2)   4.80    6/13/2018 
Sale of July 2018 Call Option   (9)   4.80    6/13/2018 
Sale of July 2018 Call Option   (11)   4.80    6/13/2018 
Sale of July 2018 Call Option   (14)   4.80    6/13/2018 
Sale of July 2018 Call Option   (2)   4.80    6/13/2018 
Sale of July 2018 Call Option   (10)   4.80    6/13/2018 
Sale of July 2018 Call Option   (1)   4.80    6/13/2018 
Sale of July 2018 Call Option   (10)   4.80    6/13/2018 
Sale of July 2018 Call Option   (21)   4.80    6/13/2018 
Sale of July 2018 Call Option   (2)   4.80    6/13/2018 
Sale of July 2018 Call Option   (1)   4.80    6/13/2018 
Sale of July 2018 Call Option   (10)   4.80    6/13/2018 
Sale of July 2018 Call Option   (21)   4.80    6/13/2018 
Sale of July 2018 Call Option   (10)   4.80    6/13/2018 
Sale of July 2018 Call Option   (33)   4.80    6/13/2018 
Sale of Stock   (100)   20.64    6/13/2018 
Sale of Stock   (100)   20.64    6/13/2018 
Sale of Stock   (100)   20.64    6/13/2018 
Sale of Stock   (100)   20.64    6/13/2018 
Sale of Stock   (200)   20.65    6/13/2018 
Sale of Stock   (100)   20.64    6/13/2018 

 

 A-26 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (100)   20.64    6/13/2018 
Sale of Stock   (200)   20.64    6/13/2018 
Sale of Stock   (2,000)   20.42    6/13/2018 
Sale of Stock   (2,000)   20.46    6/13/2018 
Sale of Stock   (200)   20.19    6/13/2018 
Sale of Stock   (100)   20.19    6/13/2018 
Sale of Stock   (100)   20.19    6/13/2018 
Sale of Stock   (100)   20.19    6/13/2018 
Sale of Stock   (100)   20.19    6/13/2018 
Sale of Stock   (100)   20.19    6/13/2018 
Sale of Stock   (130)   20.18    6/13/2018 
Sale of Stock   (1)   20.18    6/13/2018 
Sale of Stock   (100)   20.18    6/13/2018 
Sale of Stock   (25)   20.17    6/13/2018 
Sale of Stock   (100)   20.17    6/13/2018 
Sale of Stock   (25)   20.17    6/13/2018 
Sale of Stock   (100)   20.17    6/13/2018 
Sale of Stock   (100)   20.17    6/13/2018 
Sale of Stock   (100)   20.17    6/13/2018 
Sale of Stock   (100)   20.17    6/13/2018 
Sale of Stock   (100)   20.17    6/13/2018 
Sale of Stock   (100)   20.17    6/13/2018 

 

 A-27 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (100)   20.16    6/13/2018 
Sale of Stock   (100)   20.16    6/13/2018 
Sale of Stock   (8,119)   20.15    6/13/2018 
Sale of July 2018 Call Option   (585)   2.52    6/13/2018 
Purchase of July 2018 Call Option   585    1.87    6/13/2018 
Sale of July 2018 Call Option   (28)   2.54    6/13/2018 
Purchase of July 2018 Call Option   28    1.87    6/13/2018 
Sale of Stock   (1,300)   19.87    6/13/2018 
Sale of Stock   (100)   19.87    6/13/2018 
Sale of Stock   (200)   19.87    6/13/2018 
Sale of Stock   (100)   19.87    6/13/2018 
Sale of Stock   (100)   19.87    6/13/2018 
Sale of Stock   (100)   19.87    6/13/2018 
Sale of Stock   (100)   19.87    6/13/2018 
Sale of Stock   (100)   19.86    6/13/2018 
Sale of Stock   (100)   19.86    6/13/2018 
Sale of Stock   (200)   19.84    6/13/2018 
Sale of Stock   (100)   19.83    6/13/2018 
Sale of Stock   (100)   19.83    6/13/2018 
Sale of Stock   (100)   19.83    6/13/2018 
Sale of Stock   (100)   19.83    6/13/2018 
Sale of Stock   (100)   19.83    6/13/2018 

 

 A-28 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (100)   19.83    6/13/2018 
Sale of Stock   (150)   19.82    6/13/2018 
Sale of Stock   (100)   19.82    6/13/2018 
Sale of Stock   (100)   19.82    6/13/2018 
Sale of Stock   (6,650)   19.81    6/13/2018 
Sale of October 2018 Call Option   (70)   2.18    6/14/2018 
Sale of January 2019 Call Option   (5)   1.65    6/14/2018 
Sale of January 2019 Call Option   (10)   1.65    6/14/2018 
Sale of January 2019 Call Option   (104)   1.65    6/14/2018 
Sale of January 2019 Call Option   (10)   1.65    6/14/2018 
Sale of January 2019 Call Option   (13)   1.65    6/14/2018 
Sale of January 2019 Call Option   (10)   1.65    6/14/2018 
Sale of January 2019 Call Option   (5)   1.65    6/14/2018 
Sale of January 2019 Call Option   (5)   1.65    6/14/2018 
Sale of January 2019 Call Option   (10)   1.65    6/14/2018 
Sale of January 2019 Call Option   (10)   1.65    6/14/2018 
Sale of January 2019 Call Option   (10)   1.65    6/14/2018 
Sale of Stock   (29)   19.70    6/14/2018 
Sale of Stock   (100)   19.70    6/14/2018 
Sale of Stock   (100)   19.70    6/14/2018 
Sale of Stock   (23)   19.70    6/14/2018 
Sale of Stock   (100)   19.70    6/14/2018 

 

 A-29 

 

  

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (156)   19.70    6/14/2018 
Sale of Stock   (100)   19.70    6/14/2018 
Sale of Stock   (100)   19.70    6/14/2018 
Sale of Stock   (28)   19.70    6/14/2018 
Sale of Stock   (100)   19.70    6/14/2018 
Sale of June 2018 Call Option   (150)   -    6/15/2018 
Purchase of Stock   100    19.63    6/15/2018 
Purchase of Stock   1,257    19.63    6/15/2018 
Purchase of Stock   100    19.63    6/15/2018 
Purchase of Stock   100    19.63    6/15/2018 
Purchase of Stock   1,718    19.63    6/15/2018 
Purchase of Stock   400    19.63    6/15/2018 
Purchase of Stock   400    19.63    6/15/2018 
Purchase of Stock   100    19.63    6/15/2018 
Purchase of Stock   5,825    19.63    6/15/2018 
Purchase of July 2018 Call Option   2    1.10    6/15/2018 
Purchase of July 2018 Call Option   2    1.10    6/15/2018 
Purchase of July 2018 Call Option   196    1.10    6/15/2018 
Purchase of Stock   13,000    20.53    6/18/2018 
Purchase of October 2018 Call Option   350    1.20    6/18/2018 
Purchase of Stock   2,700    19.72    6/18/2018 
Purchase of Stock   2,300    17.75    6/18/2018 

 

 A-30 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of October 2018 Call Option   12    1.65    6/18/2018 
Purchase of October 2018 Call Option   10    1.65    6/18/2018 
Purchase of October 2018 Call Option   10    1.65    6/18/2018 
Purchase of October 2018 Call Option   6    1.65    6/18/2018 
Purchase of October 2018 Call Option   16    1.65    6/18/2018 
Purchase of October 2018 Call Option   6    1.65    6/18/2018 
Purchase of October 2018 Call Option   10    1.65    6/18/2018 
Purchase of October 2018 Call Option   1    1.65    6/18/2018 
Purchase of October 2018 Call Option   10    1.65    6/18/2018 
Purchase of October 2018 Call Option   6    1.65    6/18/2018 
Purchase of October 2018 Call Option   6    1.65    6/18/2018 
Purchase of October 2018 Call Option   16    1.65    6/18/2018 
Purchase of October 2018 Call Option   63    1.65    6/18/2018 
Purchase of October 2018 Call Option   63    1.65    6/18/2018 
Purchase of October 2018 Call Option   10    1.65    6/18/2018 
Purchase of October 2018 Call Option   4    1.65    6/18/2018 
Purchase of October 2018 Call Option   69    1.65    6/18/2018 
Purchase of October 2018 Call Option   16    1.65    6/18/2018 
Purchase of October 2018 Call Option   16    1.65    6/18/2018 
Purchase of Stock   2,000    20.66    6/19/2018 
Purchase of Stock   3,086    20.75    6/19/2018 
Purchase of Stock   200    20.75    6/19/2018 

 

 A-31 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of Stock   100    20.75    6/19/2018 
Purchase of Stock   500    20.75    6/19/2018 
Purchase of Stock   100    20.75    6/19/2018 
Purchase of Stock   500    20.75    6/19/2018 
Purchase of Stock   100    20.74    6/19/2018 
Purchase of July 2018 Call Option   175    0.60    6/20/2018 
Sale of Stock   (2,500)   21.24    6/22/2018 
Sale of July 2018 Call Option   (1)   1.81    6/22/2018 
Sale of July 2018 Call Option   (30)   1.81    6/22/2018 
Sale of July 2018 Call Option   (19)   1.81    6/22/2018 
Purchase of October 2018 Put Option   22    4.13    6/25/2018 
Sale of Stock   (100)   21.38    6/25/2018 
Sale of Stock   (362)   21.38    6/25/2018 
Sale of Stock   (2,038)   21.38    6/25/2018 
Sale of January 2019 Call Option   (44)   2.14    6/25/2018 
Sale of January 2019 Call Option   (56)   2.14    6/25/2018 
Sale of January 2019 Call Option   (50)   1.95    6/25/2018 
Sale of Stock   (1,700)   21.40    6/25/2018 
Sale of Stock   (800)   24.40    6/25/2018 
Purchase of Stock   1,500    20.89    6/26/2018 
Purchase of Stock   10,000    21.10    6/27/2018 
Purchase of Stock   100    20.85    6/27/2018 

 

 A-32 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of Stock   700    20.85    6/27/2018 
Purchase of Stock   100    20.85    6/27/2018 
Purchase of Stock   1,600    20.85    6/27/2018 
Purchase of Stock   73    20.86    6/27/2018 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   40    20.86    6/27/2018 
Purchase of Stock   87    20.86    6/27/2018 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   160    20.86    6/27/2018 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   200    20.86    6/27/2018 

 

 A-33 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   100    20.86    6/27/2018 
Purchase of Stock   40    20.86    6/27/2018 
Purchase of Stock   2,800    20.86    6/27/2018 
Purchase of Stock   100    20.44    6/29/2018 
Purchase of Stock   100    20.44    6/29/2018 
Purchase of Stock   100    20.44    6/29/2018 
Purchase of Stock   600    20.44    6/29/2018 
Purchase of Stock   100    20.44    6/29/2018 
Purchase of Stock   473    20.40    6/29/2018 
Purchase of Stock   27    20.40    6/29/2018 
Purchase of Stock   100    20.40    6/29/2018 
Purchase of Stock   100    20.40    6/29/2018 
Purchase of Stock   100    20.40    6/29/2018 
Purchase of Stock   200    20.40    6/29/2018 
Sale of Stock   (2,000)   20.49    6/29/2018 
Purchase of Stock   400    20.45    6/29/2018 
Purchase of Stock   100    20.45    6/29/2018 
Purchase of Stock   500    20.45    6/29/2018 
Sale of Stock   (700)   20.55    6/29/2018 
Sale of Stock   (300)   20.55    6/29/2018 
Sale of Stock   (2,200)   20.95    7/2/2018 

 

 A-34 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (100)   20.95    7/2/2018 
Sale of Stock   (100)   20.95    7/2/2018 
Sale of Stock   (100)   20.95    7/2/2018 
Sale of Stock   (100)   21.04    7/2/2018 
Sale of Stock   (100)   21.04    7/2/2018 
Sale of Stock   (100)   21.04    7/2/2018 
Sale of Stock   (1,613)   21.04    7/2/2018 
Sale of Stock   (587)   21.04    7/2/2018 
Sale of July 2018 Call Option   (175)   0.54    7/5/2018 
Purchase of August 2018 Call Option   175    1.09    7/5/2018 
Sale of July 2018 Call Option   (175)   1.05    7/6/2018 
Sale of Stock   (200)   21.99    7/6/2018 
Sale of Stock   (200)   21.99    7/6/2018 
Sale of Stock   (100)   21.99    7/6/2018 
Sale of Stock   (700)   21.98    7/6/2018 
Sale of Stock   (700)   21.98    7/6/2018 
Sale of Stock   (600)   21.98    7/6/2018 
Sale of Stock   (40)   22.38    7/6/2018 
Sale of Stock   (200)   22.38    7/6/2018 
Sale of Stock   (100)   22.38    7/6/2018 
Sale of Stock   (100)   22.39    7/6/2018 
Sale of Stock   (100)   22.39    7/6/2018 

 

 A-35 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (100)   22.39    7/6/2018 
Sale of Stock   (500)   22.39    7/6/2018 
Sale of Stock   (160)   22.33    7/6/2018 
Sale of Stock   (100)   22.33    7/6/2018 
Sale of Stock   (100)   22.33    7/6/2018 
Sale of Stock   (100)   22.33    7/6/2018 
Sale of Stock   (100)   22.33    7/6/2018 
Sale of Stock   (100)   22.33    7/6/2018 
Sale of Stock   (100)   22.33    7/6/2018 
Sale of Stock   (100)   22.33    7/6/2018 
Sale of Stock   (100)   22.33    7/6/2018 
Sale of Stock   (100)   22.33    7/6/2018 
Sale of Stock   (100)   22.33    7/6/2018 
Sale of Stock   (100)   22.33    7/6/2018 
Sale of Stock   (100)   22.33    7/6/2018 
Purchase of July 2018 Call Option   175    1.10    7/9/2018 
Purchase of August 2018 Call Option   150    1.30    7/9/2018 
Purchase of Stock   1,250    21.98    7/9/2018 
Purchase of August 2018 Call Option   1    2.25    7/9/2018 
Purchase of August 2018 Call Option   1    2.25    7/9/2018 
Purchase of August 2018 Call Option   1    2.25    7/9/2018 
Purchase of August 2018 Call Option   5    2.25    7/9/2018 

 

 A-36 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of August 2018 Call Option   11    2.25    7/9/2018 
Purchase of August 2018 Call Option   11    2.25    7/9/2018 
Purchase of August 2018 Call Option   20    2.25    7/9/2018 
Purchase of Stock   2,250    21.88    7/9/2018 
Purchase of January 2019 Call Option   50    2.95    7/10/2018 
Purchase of Stock   1,500    21.74    7/10/2018 
Purchase of Stock   1,500    21.52    7/10/2018 
Purchase of October 2018 Call Option   46    1.72    7/10/2018 
Purchase of October 2018 Call Option   2    1.72    7/10/2018 
Purchase of October 2018 Call Option   2    1.72    7/10/2018 
Purchase of Stock   2,224    21.15    7/11/2018 
Purchase of Stock   69    21.15    7/11/2018 
Purchase of Stock   69    21.15    7/11/2018 
Purchase of Stock   69    21.15    7/11/2018 
Purchase of Stock   69    21.16    7/11/2018 
Purchase of Stock   1,000    21.07    7/11/2018 
Sale of Stock   (2,500)   21.81    7/13/2018 
Sale of Stock   (100)   22.35    7/17/2018 
Sale of Stock   (100)   22.35    7/17/2018 
Sale of Stock   (100)   22.35    7/17/2018 
Sale of Stock   (100)   22.35    7/17/2018 
Sale of Stock   (2,000)   22.35    7/17/2018 

 

 A-37 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (100)   22.35    7/17/2018 
Purchase of Stock   1,000    21.59    7/18/2018 
Purchase of Stock   1,500    21.70    7/18/2018 
Purchase of August 2018 Call Option   200    1.43    7/20/2018 
Purchase of August 2018 Put Option   80    1.29    7/20/2018 
Purchase of August 2018 Put Option   1    1.29    7/20/2018 
Purchase of August 2018 Put Option   119    1.29    7/20/2018 
Purchase of October 2018 Put Option   18    2.31    7/20/2018 
Purchase of October 2018 Put Option   19    2.31    7/20/2018 
Purchase of Stock   5,000    20.91    7/20/2018 
Purchase of July 2018 Call Option   2    0.05    7/20/2018 
Purchase of July 2018 Call Option   2    0.05    7/20/2018 
Purchase of Stock   100    20.64    7/20/2018 
Purchase of Stock   100    20.64    7/20/2018 
Purchase of Stock   100    20.64    7/20/2018 
Purchase of Stock   437    20.64    7/20/2018 
Purchase of Stock   9,263    20.64    7/20/2018 
Purchase of August 2018 Call Option   1    1.35    7/20/2018 
Purchase of August 2018 Call Option   19    1.35    7/20/2018 
Purchase of August 2018 Call Option   10    1.35    7/20/2018 
Purchase of August 2018 Call Option   6    1.35    7/20/2018 
Purchase of August 2018 Call Option   11    1.35    7/20/2018 

 

 A-38 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Purchase of August 2018 Call Option   21    1.35    7/20/2018 
Purchase of August 2018 Call Option   10    1.35    7/20/2018 
Purchase of August 2018 Call Option   10    1.35    7/20/2018 
Purchase of August 2018 Call Option   2    1.35    7/20/2018 
Purchase of August 2018 Call Option   10    1.35    7/20/2018 
Purchase of August 2018 Call Option   10    1.35    7/20/2018 
Purchase of August 2018 Call Option   4    1.35    7/20/2018 
Purchase of August 2018 Call Option   11    1.35    7/20/2018 
Purchase of Stock   8,400    20.62    7/20/2018 
Purchase of Stock   6,200    20.62    7/20/2018 
Purchase of Stock   200    20.62    7/20/2018 
Purchase of Stock   100    20.62    7/20/2018 
Purchase of Stock   100    20.62    7/20/2018 
Purchase of October 2018 Call Option   325    1.80    7/23/2018 
Sale of Stock   (25,914)   20.20    7/23/2018 
Sale of Stock   (94)   20.21    7/23/2018 
Sale of Stock   (200)   20.21    7/23/2018 
Sale of Stock   (100)   20.21    7/23/2018 
Sale of Stock   (100)   20.21    7/23/2018 
Sale of Stock   (100)   20.21    7/23/2018 
Sale of Stock   (100)   20.21    7/23/2018 
Sale of Stock   (100)   20.22    7/23/2018 

 

 A-39 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (100)   20.22    7/23/2018 
Sale of Stock   (200)   20.22    7/23/2018 
Sale of Stock   (100)   20.22    7/23/2018 
Sale of Stock   (1,744)   20.23    7/23/2018 
Sale of Stock   (100)   20.24    7/23/2018 
Sale of Stock   (100)   20.24    7/23/2018 
Sale of Stock   (100)   20.24    7/23/2018 
Sale of Stock   (249)   20.25    7/23/2018 
Sale of Stock   (100)   20.25    7/23/2018 
Sale of Stock   (100)   20.25    7/23/2018 
Sale of Stock   (100)   20.26    7/23/2018 
Sale of Stock   (99)   20.27    7/23/2018 
Sale of Stock   (100)   20.27    7/23/2018 
Sale of Stock   (100)   20.27    7/23/2018 
Sale of August 2018 Put Option   (60)   1.85    7/23/2018 
Sale of August 2018 Put Option   (66)   1.85    7/23/2018 
Sale of August 2018 Put Option   (20)   1.86    7/23/2018 
Sale of August 2018 Put Option   (1)   1.90    7/23/2018 
Sale of August 2018 Put Option   (20)   1.90    7/23/2018 
Sale of August 2018 Put Option   (1)   1.90    7/23/2018 
Sale of August 2018 Put Option   (10)   1.90    7/23/2018 
Sale of August 2018 Put Option   (10)   1.90    7/23/2018 

 

 A-40 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of August 2018 Put Option   (12)   1.90    7/23/2018 
Sale of Stock   (1,100)   20.07    7/23/2018 
Sale of Stock   (100)   20.08    7/23/2018 
Sale of Stock   (85)   20.07    7/23/2018 
Sale of Stock   (100)   20.08    7/23/2018 
Sale of Stock   (100)   20.07    7/23/2018 
Sale of Stock   (115)   20.08    7/23/2018 
Sale of Stock   (100)   20.08    7/23/2018 
Sale of Stock   (100)   20.08    7/23/2018 
Sale of Stock   (100)   20.08    7/23/2018 
Sale of Stock   (400)   20.09    7/23/2018 
Sale of Stock   (100)   20.09    7/23/2018 
Sale of Stock   (200)   20.08    7/23/2018 
Sale of Stock   (100)   20.08    7/23/2018 
Sale of Stock   (200)   20.08    7/23/2018 
Sale of Stock   (100)   20.08    7/23/2018 
Sale of Stock   (100)   20.08    7/23/2018 
Sale of Stock   (100)   20.08    7/23/2018 
Sale of Stock   (100)   20.08    7/23/2018 
Sale of Stock   (1,200)   20.10    7/23/2018 
Sale of Stock   (100)   20.10    7/23/2018 
Sale of Stock   (100)   20.10    7/23/2018 

 

 A-41 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of Stock   (100)   20.10    7/23/2018 
Sale of Stock   (100)   20.10    7/23/2018 
Sale of Stock   (100)   20.10    7/23/2018 
Sale of Stock   (2,000)   20.07    7/23/2018 
Sale of Stock   (4,000)   20.05    7/23/2018 
Sale of August 2018 Put Option   (150)   2.20    7/24/2018 
Purchase of October 2018 Call Option   233    1.00    7/24/2018 
Sale of Stock   (16,000)   32.01    7/26/2018 
Sale of August 2018 Call Option   (325)   8.94    7/26/2018 
Sale of October 2018 Call Option   (100)   11.00    7/26/2018 
Sale of October 2018 Call Option   (325)   10.00    7/26/2018 
Sale of October 2018 Call Option   (1,000)   9.09    7/26/2018 
Sale of October 2018 Call Option   (266)   8.00    7/26/2018 
Sale of October 2018 Call Option   (350)   6.96    7/26/2018 
Sale of January 2019 Call Option   (50)   9.02    7/26/2018 
Sale of January 2019 Call Option   (225)   9.00    7/26/2018 
Sale of Stock   (35,000)   32.06    7/26/2018 
Sale of August 2018 Call Option   (29)   11.10    7/26/2018 
Sale of August 2018 Call Option   (5)   11.00    7/26/2018 
Sale of August 2018 Call Option   (20)   11.00    7/26/2018 
Sale of August 2018 Call Option   (33)   11.00    7/26/2018 
Sale of August 2018 Call Option   (225)   11.00    7/26/2018 

 

 A-42 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of August 2018 Call Option   (33)   11.00    7/26/2018 
Sale of August 2018 Call Option   (5)   11.00    7/26/2018 
Sale of October 2018 Call Option   (1)   9.05    7/26/2018 
Sale of October 2018 Call Option   (10)   9.05    7/26/2018 
Sale of October 2018 Call Option   (1)   9.05    7/26/2018 
Sale of October 2018 Call Option   (4)   9.05    7/26/2018 
Sale of October 2018 Call Option   (10)   9.05    7/26/2018 
Sale of October 2018 Call Option   (10)   9.05    7/26/2018 
Sale of October 2018 Call Option   (5)   9.05    7/26/2018 
Sale of October 2018 Call Option   (23)   9.05    7/26/2018 
Sale of October 2018 Call Option   (10)   9.05    7/26/2018 
Sale of October 2018 Call Option   (28)   9.10    7/26/2018 
Sale of October 2018 Call Option   (2)   9.05    7/26/2018 
Sale of October 2018 Call Option   (12)   9.05    7/26/2018 
Sale of October 2018 Call Option   (10)   9.05    7/26/2018 
Sale of October 2018 Call Option   (24)   9.05    7/26/2018 
Sale of October 2018 Call Option   (14)   9.05    7/26/2018 
Sale of October 2018 Call Option   (23)   9.05    7/26/2018 
Sale of October 2018 Call Option   (7)   9.05    7/26/2018 
Sale of October 2018 Call Option   (1)   9.05    7/26/2018 
Sale of October 2018 Call Option   (10)   9.05    7/26/2018 
Sale of October 2018 Call Option   (1)   9.05    7/26/2018 

 

 A-43 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of October 2018 Call Option   (8)   9.05    7/26/2018 
Sale of October 2018 Call Option   (3)   9.05    7/26/2018 
Sale of October 2018 Call Option   (10)   9.05    7/26/2018 
Sale of October 2018 Call Option   (4)   9.05    7/26/2018 
Sale of October 2018 Call Option   (15)   9.05    7/26/2018 
Sale of October 2018 Call Option   (24)   9.05    7/26/2018 
Sale of October 2018 Call Option   (20)   9.05    7/26/2018 
Sale of October 2018 Call Option   (20)   9.05    7/26/2018 
Sale of October 2018 Call Option   (20)   9.05    7/26/2018 
Sale of October 2018 Call Option   (20)   9.05    7/26/2018 
Sale of January 2019 Call Option   (14)   7.10    7/26/2018 
Sale of January 2019 Call Option   (15)   7.10    7/26/2018 
Sale of January 2019 Call Option   (190)   7.10    7/26/2018 
Sale of January 2019 Call Option   (51)   7.10    7/26/2018 
Sale of January 2019 Call Option   (22)   7.10    7/26/2018 
Sale of January 2019 Call Option   (25)   7.10    7/26/2018 
Sale of January 2019 Call Option   (25)   7.10    7/26/2018 
Sale of January 2019 Call Option   (112)   7.20    7/26/2018 
Sale of January 2019 Call Option   (21)   7.20    7/26/2018 
Sale of January 2019 Call Option   (19)   7.20    7/26/2018 
Sale of January 2019 Call Option   (3)   7.20    7/26/2018 
Sale of January 2019 Call Option   (5)   7.20    7/26/2018 

 

 A-44 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of January 2019 Call Option   (10)   7.20    7/26/2018 
Sale of January 2019 Call Option   (4)   7.25    7/26/2018 
Sale of January 2019 Call Option   (5)   7.20    7/26/2018 
Sale of January 2019 Call Option   (10)   7.20    7/26/2018 
Sale of January 2019 Call Option   (30)   7.20    7/26/2018 
Sale of January 2019 Call Option   (5)   7.20    7/26/2018 
Sale of January 2019 Call Option   (10)   7.20    7/26/2018 
Sale of January 2019 Call Option   (25)   7.10    7/26/2018 
Sale of January 2019 Call Option   (10)   7.20    7/26/2018 
Sale of January 2019 Call Option   (5)   7.20    7/26/2018 
Sale of January 2019 Call Option   (79)   7.10    7/26/2018 
Sale of January 2019 Call Option   (5)   7.10    7/26/2018 
Sale of January 2019 Call Option   (8)   7.10    7/26/2018 
Sale of January 2019 Call Option   (250)   7.10    7/26/2018 
Purchase of January 2020 Call Option   246    2.60    7/26/2018 
Sale of October 2018 Call Option   (1)   8.00    7/26/2018 
Sale of October 2018 Call Option   (5)   8.00    7/26/2018 
Sale of October 2018 Call Option   (44)   8.00    7/26/2018 
Sale of January 2019 Call Option   (10)   12.00    7/26/2018 
Sale of January 2019 Call Option   (33)   12.00    7/26/2018 
Sale of January 2019 Call Option   (20)   12.00    7/26/2018 
Sale of January 2019 Call Option   (150)   12.00    7/26/2018 
Sale of January 2019 Call Option   (118)   12.00    7/26/2018 

 

 A-45 

 

 

Nature of the Transaction  Securities Purchased/(Sold)   Price ($)   Date of Purchase/Sale 
Sale of January 2019 Call Option   (3)   12.00    7/26/2018 
Sale of January 2019 Call Option   (100)   12.00    7/26/2018 
Sale of January 2019 Call Option   (7)   12.00    7/26/2018 
Sale of January 2019 Call Option   (5)   12.00    7/26/2018 
Sale of January 2019 Call Option   (13)   12.00    7/26/2018 
Sale of January 2019 Call Option   (10)   12.00    7/26/2018 
Sale of January 2019 Call Option   (10)   12.00    7/26/2018 
Sale of January 2019 Call Option   (17)   12.00    7/26/2018 
Sale of January 2019 Call Option   (5)   12.00    7/26/2018 
Sale of January 2019 Call Option   (10)   12.00    7/26/2018 
Sale of January 2019 Call Option   (86)   12.00    7/26/2018 
Sale of January 2019 Call Option   (5)   12.00    7/26/2018 
Sale of January 2019 Call Option   (5)   12.00    7/26/2018 
Sale of January 2019 Call Option   (1)   10.90    7/26/2018 
Sale of January 2019 Call Option   (107)   10.90    7/26/2018 
Sale of January 2019 Call Option   (8)   10.90    7/26/2018 
Purchase of January 2020 Call Option   104    3.00    7/26/2018 
Sale of Stock   (18,500)   31.95    7/26/2018 
Sale of Stock   (10,000)   32.14    7/30/2018 
Purchase of January 2019 Call Option   100    10.40    7/30/2018 
Purchase of January 2019 Call Option   1    10.40    7/30/2018 
Purchase of January 2019 Call Option   622    10.45    7/30/2018 
Sale of Stock   (13,000)   32.11    7/30/2018 

 

 A-46 

 

EX-99.1 2 sc13d0718a2blackwells_ex99-1.htm SETTLEMENT AGREEMENT BETWEEN BLACKWELLS CAPITAL LLC, JASON AINTABI, AND SUPERVALU INC., DATED JULY 30, 2018

Exhibit 99.1

  

STRICTLY CONFIDENTIAL

EXECUTION VERSION

 

SUPERVALU INC.

11840 Valley View Road

Eden Prairie, Minnesota  55344

 

July 30, 2018

 

Blackwells Capital LLC

Mr. Jason Aintabi

600 Madison Avenue, 18th Floor

New York, New York  10022

 

Ladies and Gentlemen:

 

This letter agreement (this “Agreement”) constitutes the agreement between SUPERVALU INC., a Delaware corporation (the “Company”), Blackwells Capital LLC (“Blackwells”) and Jason Aintabi (“Mr. Aintabi” and, together with Blackwells, the “Blackwells Parties”), with respect to the matters set forth below, including with respect to the election of directors at the Company’s 2018 Annual Meeting of Stockholders (including any adjournment or postponement thereof, the “2018 Annual Meeting”).  Each of the Company, Blackwells and Mr. Aintabi is referred to herein as a “Party” and, collectively, as the “Parties.”  Certain capitalized terms used herein are defined in paragraph 8 below.

 

  1. Withdrawal of Blackwells Parties’ Director Nominations.  Each Blackwells Party, on behalf of itself and its Affiliates, hereby (a) irrevocably withdraws all director nominations and any related materials, demands or notices submitted to the Company in connection therewith or related thereto with respect to the 2018 Annual Meeting, (b) irrevocably withdraws the proposal notified by or on behalf of it to the Company on March 20, 2018 in connection with the 2018 Annual Meeting and any related materials, demands or notices submitted to the Company in connection therewith or related thereto (the foregoing clauses (a) and (b), collectively, “Blackwells Nominations and Proposal”), and (c) agrees not to take any further action with respect to the Blackwells Nominations and Proposal or otherwise related to the 2018 Annual Meeting.  Each Blackwells Party (i) hereby further agrees that it will, and that it will cause its Affiliates and its and their respective representatives to, (x) immediately cease any and all solicitation efforts in connection with the 2018 Annual Meeting and (y) promptly following entry into this Agreement (and in any event within two (2) Business Days thereafter), deliver to the Company any proxies that have been received prior to the date of this Agreement by or on behalf of any Blackwells Party or any of its Affiliates with respect to the 2018 Annual Meeting and (z) promptly (and in any event within two (2) Business Days or, if earlier, prior to the date of the 2018 Annual Meeting) deliver to the Company any proxies that are received from and after the date of this Agreement by or on behalf of any Blackwells Party or any of its Affiliates with respect to the 2018 Annual Meeting, (ii) hereby acknowledges and agrees that no proxies that have been or may be received by or on behalf of any Blackwells Party or any of its Affiliates with respect to the Blackwells Nomination and Proposal will be voted in light of the irrevocable withdrawal by Blackwells of the Blackwells Nominations and Proposal pursuant to the first sentence of this paragraph 1 and (iii) hereby withdraws and terminates all requests for stock list materials and other books and records of the Company under Section 220 of the Delaware General Corporation Law (“DGCL”) or other statutory or regulatory provisions providing for shareholder access to books and records, including those made on March 22, 2018, April 13, 2018, May 18, 2018, May 29, 2018 and May 31, 2018.

 

 

 

  

  2. Voting of Blackwells Parties’ Shares.  At the 2018 Annual Meeting, each Blackwells Party will cause to be present for quorum purposes all shares of Company common stock that such Blackwells Party or any of its Affiliates have the right to vote as of the record date for the 2018 Annual Meeting, and vote or cause to be voted all such common stock on the Company’s proxy card (a) in favor of the election of all of the director nominees recommended for election by the Board of Directors of the Company (the “Board”), and against the removal of any such director (unless proposed by the Company) and (b) in accordance with the Board’s recommendation on all other proposals.

 

  3. Standstill.  From the date of this Agreement until the first-year anniversary hereof (such period, the “Restricted Period”), with respect to the Company, each Blackwells Party shall not, and shall cause its Affiliates and their respective principals, directors, members, general partners, officers, employees, consultants and agents and representatives acting on their behalf (collectively, the “Restricted Persons”) not to, directly or indirectly, absent prior express written invitation or authorization by the Board:

 

  (a) engage in any “solicitation” (as such term is used in the proxy rules of the U.S. Securities and Exchange Commission (the “SEC”), but without regard to the exclusion set forth in Rule 14a-1(l)(2)(iv)), involving the Company, of proxies or consents with respect to the election or removal of directors or any other matter or proposal or become a “participant” (as such term is used in the proxy rules of the SEC) in any such solicitation of proxies or consents;

 

  (b) knowingly encourage, advise or influence any other Person, or knowingly assist any other Person in so encouraging, advising or influencing any other Person, (i) with respect to the voting or the giving or withholding of any proxy, consent or other authority to vote involving the Company or the taking of any other action with respect to such Person’s Voting Securities or (ii) in conducting any type of referendum, binding or non-binding, involving the Company (in each case, other than such encouragement, advice or influence that is consistent with the Company management’s recommendation in connection with such matter);

 

  (c) form, join or participate in any way in any “group” as defined pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), with respect to any Voting Securities, other than solely with other Affiliates of Blackwells with respect to Voting Securities now or hereafter owned by them;

 

 - 2 - 

 

 

  (d) acquire, or offer, seek or agree to acquire, by purchase or otherwise, or direct any third party in the acquisition of, any Voting Securities or assets of the Company, or rights or options to acquire any Voting Securities or assets of the Company (other than solely through the exercise of Voting Securities held by such Blackwells Party prior to the date of this Agreement and (i) identified by such Blackwells Party in its public filings with the SEC prior to the date of this Agreement or (ii) identified by such Blackwells Party in its public filings made with the SEC on the date of this Agreement, to the extent such Voting Securities were specified in drafts of such filings provided by such Blackwells Party to the Company on the date of this Agreement prior to entry into this Agreement);

 

  (e) sell, offer or agree to sell all or substantially all voting rights decoupled from the underlying Voting Securities held by any Blackwells Party or any of its Affiliates, directly or indirectly, through swap or hedging transactions or otherwise;

 

  (f) make, or in any way participate with any other Person (other than (i) the voting of Voting Securities held by any Blackwells Party prior to the date of this Agreement and identified by such Blackwells Party in its public filings with the SEC prior to the date of this Agreement and (ii) the receipt of consideration on the same terms as other holders of Company securities), directly or indirectly, in any, or any proposal that would reasonably be expected to result in any, tender offer, exchange offer, merger, business combination, recapitalization, restructuring, liquidation, dissolution or similar transaction involving the Company or its subsidiaries or its or their securities or assets; or make, directly or indirectly, any proposal, either alone or in concert with others, to the Company or the Board that would reasonably be expected to require a public announcement regarding any such transaction;

 

  (g) enter into a voting trust, arrangement or agreement or subject any Voting Securities to any voting trust, arrangement or agreement, in each case other than solely with other Affiliates of Blackwells, with respect to Voting Securities now or hereafter owned by them;

 

  (h) (A) seek, alone or in concert with others, election or appointment to, or representation on, the Board or nominate or propose the nomination of, or recommend the nomination of, any candidate to the Board, (B) seek, alone or in concert with others, the removal of any member of the Board, or (C) conduct a referendum of shareholders;

 

 - 3 - 

 

 

  (i) make or be the proponent of any shareholder proposal (pursuant to Rule 14a-8 under the Exchange Act or otherwise) for consideration by the Company’s shareholders;

 

  (j) make any request for stock list materials or other books and records of the Company under Section 220 of the DGCL or other statutory or regulatory provisions providing for shareholder access to books and records;

 

  (k) institute, solicit, assist or join any litigation, arbitration or other proceeding against or involving the Company or any of its current or former directors or officers (including derivative actions) in order to effect or take any of the actions expressly prohibited by this paragraph 4; provided, however, that for the avoidance of doubt, the foregoing shall not prevent any Restricted Person from (i) bringing litigation against the Company to enforce the provisions of this Agreement, (ii) making counterclaims with respect to any proceeding initiated by, or on behalf of, the Company against a Restricted Person, or bringing a responsive independent action against the Company should counterclaims be deemed insufficient to defend such Blackwells Party’s interests, (iii) responding to oral questions, interrogatories, requests for information or documents, subpoenas, civil investigative demands or similar processes (each, a “Legal Requirement”) in connection with any legal proceeding (the “Legal Proceeding”) if such Legal Proceeding has not been initiated by, or on behalf of, or at the suggestion of, the Blackwells Parties; provided, further, that in the event any of the Blackwells Parties or any of the Blackwells Representatives (as such term is defined below) receives any Legal Requirement, such Blackwells Parties or Blackwells Representatives shall give prompt written notice of such Legal Requirement to the Company; provided, however, that this clause (k) shall not require any Blackwells Party to opt out of any class action lawsuits against the Company not initiated in violation of this clause (k) (“Class Actions”) and to which such Blackwells Party is a party solely as a result of the Blackwells Parties’ ownership of Voting Securities during the class period applicable to such Class Actions;

 

  (l) publicly disclose any intention, plan or arrangement inconsistent with any provisions of this paragraph 4;

 

  (m) enter into any negotiations, agreements or understandings with any third party to take any action that any Blackwells Party is prohibited from taking pursuant to this paragraph 4; or

 

  (n) make any request or submit any proposal to amend or waive the terms of this Agreement, in each case which would reasonably be expected to result in a public announcement of such request or proposal.

 

 - 4 - 

 

  

  4. Mutual Non-Disparagement.  During the Restricted Period:

 

  (a) each Blackwells Party shall refrain from making, and shall cause its Affiliates and its and their respective principals, directors, members, general partners, officers and employees, consultants and agents and representatives (the “Blackwells Representatives”) not to make or cause to be made, any statement or announcement that disparages, defames, slanders, or impugns or is reasonably likely to damage the reputation of (any such statements, a “Disparaging Statement”), the Company or any of its Affiliates, subsidiaries, or any of its or their respective current or former officers, directors or employees (the “Company Representatives”) (including any such statements or announcements regarding the Company’s strategy, operations, products, performance or services, any material transaction entered into or proposed to be entered into (or not) by the Company or the subject matter of the Blackwells Nominations and Proposal); provided that this paragraph 4(a) shall cease to apply from and after the time, if any, that the Company shall have materially breached paragraph 4(b) during the Restricted Period; and

 

  (b) the Company shall refrain from making, and shall cause each of its agents, representatives and Affiliates, including its directors, not to make or cause to be made, and shall not cause its other officers and employees to make or cause to be made, Disparaging Statements about the Blackwells Representatives; provided that this paragraph 4(b) shall cease to apply from and after the time, if any, that any Blackwells Party shall have materially breached paragraph 4(a) during the Restricted Period.

 

Nothing in this paragraph 4 will prohibit the making of any factual statement required to be made by applicable law, rules or regulations, or any factual statement in any compelled testimony or the production of information, whether by legal process, subpoena or as part of a response to a request for information from any governmental authority with jurisdiction over the Party from whom information is sought.

 

  5. Websites.  Each Blackwells Party shall, and shall cause its Affiliates to, promptly (and in any event within twenty-four (24) hours after entry into this Agreement) modify or disable (and not permit to be re-enabled during the Restricted Period) the website “www.savesupervalu.com” and any other websites they directly or indirectly maintain with respect to their prior solicitation efforts and/or campaigns with respect to the Company or the 2018 Annual Meeting.

 

  6. Representations and Warranties of the Company.  The Company represents and warrants to the Blackwells Parties that (a) the Company has the corporate power and authority to execute this Agreement and to bind it thereto, (b) this Agreement has been duly and validly authorized, executed and delivered by the Company and constitutes a valid and binding obligation and agreement of the Company.

 

  7. Representations and Warranties of the Blackwells Parties.  Each Blackwells Party represents and warrants to the Company that (a) the authorized signatory of Blackwells set forth on the signature page hereto has the power and authority to execute this Agreement and any other documents or agreements to be entered into in connection with this Agreement and to bind it thereto, (b) this Agreement has been duly authorized, executed and delivered by such Blackwells Party and constitutes a valid and binding obligation of such Blackwells Party.

 

 - 5 - 

 

  

  8. Certain Defined Terms.

 

  (a) Affiliate” shall have the meaning set forth in Rule 12b-2 promulgated under the Exchange Act and Affiliates of a specified Person shall include Persons who become Affiliates of such Person subsequent to the date of this Agreement.

 

  (b) Business Day” shall mean any day other than a Saturday, Sunday or a day on which the Federal Reserve Bank of New York is closed.

 

  (c) Controlled,” “controlling” and “controlled by” shall have the meanings set forth in Rule 12b-2 promulgated under the Exchange Act.

 

  (d) Person” shall be interpreted broadly to include, among others, any individual, general or limited partnership, corporation, limited liability or unlimited liability company, joint venture, estate, trust, group, association or other entity of any kind or structure.

 

  (e) Voting Securities” shall mean the shares of common stock of the Company and any other securities of the Company entitled to vote in the election of directors, or securities convertible into, or exercisable or exchangeable for, such shares or other securities, whether or not subject to the passage of time or other contingencies.

 

  9. Affiliates.  The Parties agree that they will cause their Affiliates, and their respective employees and other representatives, to comply with the terms of this Agreement.

 

  10. Specific Performance.  Each Blackwells Party, on the one hand, and the Company, on the other hand, acknowledges and agrees that irreparable injury to the other Parties hereto would occur in the event any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached and that such injury would not be adequately compensable by the remedies available at law (including the payment of money damages).  It is accordingly agreed that each Blackwells Party, on the one hand, and the Company, on the other hand (the “Moving Party”), shall each be entitled to specific enforcement of, and injunctive relief to prevent any violation of, the terms hereof, and the other Parties hereto will not take action, directly or indirectly, in opposition to the Moving Party seeking such relief on the grounds that any other remedy or relief is available at law or in equity.  This paragraph 10 is not the exclusive remedy for any violation of this Agreement.

 

 - 6 - 

 

 

  11. Expenses.  Blackwells has submitted documentation of its actual out-of-pocket third-party professional fees and expenses incurred in connection with (a) the 2018 Annual Meeting, including any and all nominations and solicitation efforts in connection therewith and all matters related thereto, and (b) the negotiation, execution and effectuation of this Agreement and the transactions contemplated hereby, that is, in each case of clauses (a) and (b), incurred at or prior to the date of this Agreement.  Within two (2) Business Days after the date of this Agreement, the Company shall reimburse Blackwells for the foregoing expenses, by wire transfer or transfers in accordance with such wire instructions included in Exhibit A attached hereto; provided, that such reimbursement shall not exceed $700,000 in the aggregate.  Except as otherwise provided in this paragraph 11, all fees, costs and expenses incurred by each of the Parties hereto and their Affiliates shall be borne by such Party.

 

  12. Severability.  If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated.  It is hereby stipulated and declared to be the intention of the Parties that, except as set forth in the foregoing sentence, the Parties would have executed the remaining terms, provisions, covenants and restrictions without including any of such which may be hereafter declared invalid, void or unenforceable.  In addition, the Parties agree to use their best efforts to agree upon and substitute a valid and enforceable term, provision, covenant or restriction for any of such that is held invalid, void or enforceable by a court of competent jurisdiction.

 

  13. Notices.  Any notices, consents, determinations, waivers or other communications required or permitted to be given under the terms of this Agreement must be in writing and will be deemed to have been delivered:  (a) upon receipt, when delivered personally, (b) upon receipt, when sent by  facsimile (provided confirmation of transmission is mechanically or electronically generated and kept on file by the sending party), or (c) one Business Day after deposit with a nationally recognized overnight delivery service, in each case properly addressed to the Party to receive the same.  The addresses and facsimile numbers for such communications shall be:

 

If to the Company:

 

SUPERVALU INC.

11840 Valley View Road

Eden Prairie, Minnesota  55344

Facsimile:(952) 947-3528
Attention:Stuart D. McFarland, Senior Vice President, General
Counsel and Corporate Secretary

 

 - 7 - 

 

  

With a copy (which shall not constitute notice) to:

 

Wachtell, Lipton, Rosen & Katz

51 West 52nd Street

New York, New York  10019

Facsimile:(212) 403-2000
Attention:Igor Kirman, Esq.

DongJu Song, Esq.

 

If to any Blackwells Party:

 

Blackwells Capital LLC

Mr. Jason Aintabi

600 Madison Avenue, 18th Floor

New York, New York  10022

Facsimile:(212) 792-6097
Attention:Jason Aintabi

 

With a copy (which shall not constitute notice) to:

 

Vinson & Elkins LLP

666 Fifth Avenue, 26th Floor

New York, New York  10103

Facsimile No:  (917) 849-5379

Attention:Lawrence Elbaum, Esq.

Patrick Gadson, Esq.

 

  14. Governing Law.  This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Delaware without reference to the conflict of laws principles thereof that would result in the application of the laws of another jurisdiction.  Each of the Parties hereto irrevocably agrees that any legal action or proceeding with respect to this Agreement and the rights and obligations arising hereunder, or for recognition and enforcement of any judgment in respect of this Agreement and the rights and obligations arising hereunder brought by the other Party hereto or its successors or assigns, shall be brought and determined exclusively in the Delaware Court of Chancery and any state appellate court therefrom within the State of Delaware (or, if the Delaware Court of Chancery declines to accept jurisdiction over a particular matter, any state or federal court within the State of Delaware).  Each of the Parties hereto hereby irrevocably submits with regard to any such action or proceeding for itself and in respect of its property, generally and unconditionally, to the personal jurisdiction of the aforesaid courts and agrees that it will not bring any action relating to this Agreement in any court other than the aforesaid courts.  Each of the Parties hereto hereby irrevocably waives, and agrees not to assert in any action or proceeding with respect to this Agreement, (i) any claim that it is not personally subject to the jurisdiction of the above-named courts for any reason, (ii) any claim that it or its property is exempt or immune from jurisdiction of any such court or from any legal process commenced in such courts (whether through service of notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise) and (iii) to the fullest extent permitted by applicable legal requirements, any claim that (A) the suit, action or proceeding in such court is brought in an inconvenient forum, (B) the venue of such suit, action or proceeding is improper, or (C) this Agreement, or the subject matter hereof, may not be enforced in or by such courts.

 

 - 8 - 

 

  

  15. Counterparts; Headings.  This Agreement may be executed in two or more counterparts, each of which shall be considered one and the same agreement and shall become effective when counterparts have been signed by each of the Parties and delivered to the other Parties (including by means of electronic delivery or facsimile).  The paragraph headings contained in this Agreement are inserted for convenience of reference only and will not affect the meaning or interpretation of this Agreement.

 

  16. Entire Agreement; Amendment and Waiver; Successors and Assigns; Third Party Beneficiaries; Waiver of Jury Trial.  This Agreement contains the entire understanding of the Parties hereto with respect to its subject matter.  There are no restrictions, agreements, promises, representations, warranties, covenants or undertakings between the Parties other than those expressly set forth herein.  No modifications of this Agreement can be made except in writing signed by an authorized representative of each of the Parties.  No failure on the part of any Party to exercise, and no delay in exercising, any right, power or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of such right, power or remedy by such Party preclude any other or further exercise thereof or the exercise of any other right, power or remedy.  All remedies hereunder are cumulative and are not exclusive of any other remedies provided by law.  The terms and conditions of this Agreement shall be binding upon, inure to the benefit of, and be enforceable by the Parties hereto and their respective successors, heirs, executors, legal representatives, and permitted assigns (collectively, such Parties’ the “Successors”).  No Party shall assign this Agreement or any rights or obligations hereunder without, with respect to any Blackwells Party, the prior written consent of the Company, and with respect to the Company, the prior written consent of Blackwells.  This Agreement is solely for the benefit of the Parties hereto and their Successors and is not enforceable by any other Persons.  Each of the Parties, after consulting or having had the opportunity to consult with counsel, knowingly, voluntarily and intentionally waives any right that such Party may have had to a trial by jury in any litigation based on or arising out of this Agreement or any related instrument or agreement, or any of the transactions contemplated thereby, or any related course of conduct, dealing, statements (whether oral or written), or actions of any of them.

 

  17. Interpretation.  Each of the Parties acknowledges that it has been represented by counsel of its choice throughout all negotiations that have preceded the execution of this Agreement, and that it has executed this Agreement with the advice of such counsel.  Each Party and its counsel cooperated and participated in the drafting and preparation of this Agreement, and any and all drafts relating thereto exchanged among the Parties shall be deemed the work product of all of the Parties and may not be construed against any Party by reason of its drafting or preparation.  Accordingly, any rule of law or any legal decision that would require interpretation of any ambiguities in this Agreement against any Party that drafted or prepared it is of no application and is hereby expressly waived by each of the Parties, and any controversy over interpretations of this Agreement shall be decided without regard to events of drafting or preparation.  Whenever the words “include,” “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation.”

 

[Signature page follows]

 

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IN WITNESS WHEREOF, this Agreement has been duly executed and delivered by the duly authorized signatories of the Parties as of the date hereof.

 

  SUPERVALU INC.
     
  By:  /s/ Mark Gross
    Name:  Mark Gross
    Title:    President and Chief Executive Officer

 

  BLACKWELLS CAPITAL LLC
     
  By: /s/ Jason Aintabi
    Name:  Jason Aintabi
    Title:    Chief Investment Officer

 

  JASON AINTABI
   
  /s/ Jason Aintabi

 

 

 

EX-99.2 3 sc13d0718a2blackwells_ex99-2.htm JOINT FILING AGREEMENT BETWEEN BLACKWELLS CAPITAL LLC AND JASON AINTABI.

Exhibit 99.2

 

JOINT FILING AGREEMENT

 

In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including additional amendments thereto) with respect to the common stock, $0.01 par value per share, of SuperValu Inc., a Delaware corporation. This Joint Filing Agreement shall be filed as an Exhibit to such Statement.

 

Dated: August 1, 2018

 

  BLACKWELLS CAPITAL LLC
     
  By: /s/ Jason Aintabi
    Name: Jason Aintabi
    Title: Managing Partner
     
  /s/ Jason Aintabi
  JASON AINTABI