Page 6 of 10 SEC Filing
| Item 5. | Interest in Securities of the Issuer. | |
(a-e) As of the date hereof, Fairholme may be deemed to be the beneficial owner of 7,206,800 Shares (6.7%) of the Issuer, based upon the 107,204,061 Shares outstanding as of October 28, 2015, according to the Issuer. Fairholme has the sole power to vote or direct the vote of 0 Shares, Fairholme has the shared power to vote or direct the vote of 6,644,100 Shares, Fairholme has the sole power to dispose or direct the disposition of 0 Shares and Fairholme has the shared power to dispose or direct the disposition of 7,206,800 Shares to which this filing relates.
The Fund may be deemed to be the beneficial owner of 6,461,800 Shares (6.0%) of the Issuer, based upon the 107,204,061 Shares outstanding as of October 28, 2015, according to the Issuer. The Fund has the sole power to vote or direct the vote of 0 Shares, the Fund has the shared power to vote or direct the vote of 6,461,800 Shares, the Fund has the sole power to dispose or direct the disposition of 0 Shares and the Fund has the shared power to dispose or direct the disposition of 6,461,800 Shares to which this filing relates. Of the 6,461,800 Shares deemed to be beneficially owned by the Fund, 6,266,800 are owned by The Fairholme Fund and 195,000 are owned by The Fairholme Allocation Fund, each a series of the Fund.
Mr. Berkowitz may be deemed to be the beneficial owner of 7,206,800 Shares (6.7%) of the Issuer, based upon the 107,204,061 Shares outstanding as of October 28, 2015, according to the Issuer. Mr. Berkowitz has the sole power to vote or direct the vote of 0 Shares, Mr. Berkowitz has the shared power to vote or direct the vote of 6,644,100 Shares, Mr. Berkowitz has the sole power to dispose or direct the disposition of 0 Shares and Mr. Berkowitz has the shared power to dispose or direct the disposition of 7,206,800 Shares to which this filing relates.
The trading dates, number of Shares purchased or sold and the price per share for all transactions in the Shares during the 60 days prior to the date of this filing by the Reporting Persons are set forth in Exhibit B and were effected in the open market.
The Reporting Persons specifically disclaim beneficial ownership in the Shares reported herein except to the extent of their pecuniary interest therein.
| Item 6. | Contracts, Arrangements, Understandings or Relationships with Respect | ||
| to Securities of the Issuer. | |||
Not Applicable.
| Item 7. | Material to be Filed as Exhibits. |
| Exhibit A | Joint Filing Statement | |
| Exhibit B | A description of the transactions in the Shares that were effected by the Reporting Persons during the 60 days prior to the date of this filing is filed herewith as Exhibit B. | |
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