Page 14 of 24 – SEC Filing
(c) The
principal business of BLR Partners is investing in securities. The principal business of BLRPart GP is serving as the general partner
of BLR Partners. The principal business of BLRGP is serving as the general partner of BLRPart GP. The principal business of Fondren
Management is serving as the investment manager of BLR Partners. The principal business of FMLP is serving as the general partner
of Fondren Management. The principal business of Radoff Foundation is serving charitable purposes. The principal occupation of
Mr. Radoff is serving as the sole shareholder and sole director of each of BLRGP and FMLP and a director of Radoff Foundation.
The principal business of Etude is investing in securities. The principal business of CapLab is investing in securities. The principal
business of CapGP is serving as the general partner of CapLab. The principal occupation of Mr. Stein is serving as President of
Etude and as the President and sole director of CapGP.
(d) No
Reporting Person, nor any person listed on Schedule A, annexed hereto, has, during the last five years, been convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors).
(e) No
Reporting Person, nor any person listed on Schedule A, annexed hereto, has during the last five years, been party to a civil proceeding
of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities
laws or finding any violation with respect to such laws.
(f) Messrs.
Radoff and Stein are citizens of the United States of America. The citizenship of the persons listed on Schedule A is set forth
therein.
| Item 3. | Source and Amount of Funds or Other Consideration. |
The Shares purchased
by BLR Partners and Radoff Foundation were purchased with working capital (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 600,000 Shares owned directly by BLR Partners is approximately $611,989, including brokerage commissions.
The aggregate purchase price of the 450,000 Shares owned directly by Radoff Foundation is approximately $519,887, including brokerage
commissions.
The Shares directly
owned by Mr. Radoff were purchased with 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 340,000
Shares directly owned by Mr. Radoff is approximately $417,228, including brokerage commissions.
The Shares purchased
by Etude and CapLab were purchased with working capital (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 53,000
Shares owned directly by Etude is approximately $59,644, including brokerage commissions. The aggregate purchase price of the 202,000
Shares owned directly by CapLab is approximately $204,949, including brokerage commissions.
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