Common use of Common Stock Offering Clause in Contracts

Common Stock Offering. Shares Offered: 10,000,000 shares of Common Stock (or 11,500,000 shares if the underwriters exercise their option to purchase an additional 1,500,000 shares of Common Stock in full). Common Stock Outstanding: 113,278,670 shares immediately after the Common Stock Offering (or 114,778,670 shares if the underwriters exercise their option to purchase additional shares of Common Stock in full). Public Offering Price: $25.00 per share of Common Stock Transaction Size: $250 million in gross proceeds (or up to $287.5 million if the underwriters’ option is exercised in full), before deducting underwriting discounts and the Issuer’s estimated offering expenses. Underwriting Discount: $1.50 per share of Common Stock.