(a) | The beneficial ownership information reported below represents changes solely due to changes in the number of outstanding shares of Common Stock from time-to-time. Neither TCCC nor ER has purchased or sold any shares of Common Stock. ER has over time transferred shares of Common Stock to TCCC by way of stock dividends.
(a)-(b) On April 21, 2020, the Reporting Persons, on a combined basis, beneficially owned 102,121,602 shares of the Common Stock. Also on April 21, 2020, (i) TCCC had sole voting and dispositive power with respect to 33,345,828 shares of the Common Stock and shared voting and dispositive power with respect to 68,775,774 shares of the Common Stock, and beneficially owned 102,121,602 shares of the Common Stock, and (ii) ER had shared voting and dispositive power with respect to 68,775,774 shares of the Common Stock and beneficially owned 68,775,774 shares of the Common Stock. The number of shares beneficially owned by the Reporting Persons, on a combined basis, represented 19.4% of the total number of issued and outstanding shares of Common Stock of the Issuer as of April 13, 2020 (based upon information contained in the Issuer's Definite Proxy Statement filed with the SEC on April 21, 2020).
On August 8, 2024, the Reporting Persons, on a combined basis, beneficially owned 204,243,204 shares of the Common Stock (which number was the result of the Issuer's 2-for-1 stock split on March 27, 2023). Also on August 8, 2024, (i) TCCC had sole voting and dispositive power with respect to 72,651,656 shares of the Common Stock, shared voting and dispositive power with respect to 131,591,548 shares of the Common Stock and beneficially owned 204,243,204 shares of the Common Stock, and (ii) ER had shared voting and dispositive power with respect to 131,591,548 shares of the Common Stock and beneficially owned 131,591,548 shares of the Common Stock. The number of shares beneficially owned by the Reporting Persons, on a combined basis, represented 20.85% of the total number of issued and outstanding shares of Common Stock of the Issuer as of July 31, 2024 (based upon information contained in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2024 filed with the SEC on August 8, 2024).
As of the date of this Amendment No. 2, the Reporting Persons, on a combined basis, beneficially own 204,243,204 shares of the Common Stock. Further, (i) TCCC has sole voting and dispositive power with respect to 74,651,656 shares of the Common Stock, shared voting and dispositive power with respect to 129,591,548 shares of the Common Stock and beneficially owned 204,243,204 shares of the Common Stock, and (ii) ER had shared voting and dispositive power with respect to 129,591,548 shares of the Common Stock and beneficially owned 129,591,548 shares of the Common Stock. The number of shares beneficially owned by the Reporting Persons, on a combined basis represents 21.0% of the total number of issued and outstanding shares of Common Stock of the Issuer as of October 31, 2024 (based upon information contained in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024 filed with the SEC on November 8, 2024). |