No. of | No. of | No. of | ||||||||||||||||||||||
Amount of | % of | Shares of | Shares of | Shares of | ||||||||||||||||||||
Debentures | Debentures | Amount of | Common Stock | Common Stock | Common Stock | |||||||||||||||||||
Beneficially | Beneficially | Debentures Being | Beneficially | Being | Owned After | |||||||||||||||||||
Name of Selling Security Holder | Owned ($) | Owned | Offered ($)(a) | Owned(b)(c) | Offered(a)(c) | Offering(a) | ||||||||||||||||||
1976 Distribution Trust FBO A R
Lauder/Zinterhofer(1) |
4,000 | * | 4,000 | 118 | 118 | 0 | ||||||||||||||||||
2000 Revocable Trust FBO A R
Lauder/Zinterhofer(1) |
4,000 | * | 4,000 | 118 | 118 | 0 | ||||||||||||||||||
Alcon Laboratories Inc.(1) |
299,000 | * | 299,000 | 8,848 | 8,848 | 0 | ||||||||||||||||||
Arlington County Employees Retirement
System(1) |
564,000 | * | 564,000 | 16,691 | 16,691 | 0 | ||||||||||||||||||
British
Virgin Islands Social Security Board(1) |
102,000 | * | 102,000 | 3,018 | 3,018 | 0 | ||||||||||||||||||
City University of New York(1) |
88,000 | * | 88,000 | 2,604 | 2,604 | 0 | ||||||||||||||||||
Grady Health System(1) |
84,000 | * | 84,000 | 2,485 | 2,485 | 0 | ||||||||||||||||||
New Orleans Fire Fighters
Pension(1) |
51,000 | * | 51,000 | 1,509 | 1,509 | 0 |
No. of | No. of | No. of | ||||||||||||||||||||||
Amount of | % of | Shares of | Shares of | Shares of | ||||||||||||||||||||
Debentures | Debentures | Amount of | Common Stock | Common Stock | Common Stock | |||||||||||||||||||
Beneficially | Beneficially | Debentures Being | Beneficially | Being | Owned After | |||||||||||||||||||
Name of Selling Security Holder | Owned ($) | Owned | Offered ($)(a) | Owned(b)(c) | Offered(a)(c) | Offering(a) | ||||||||||||||||||
Occidental Petroleum
Corporation(1) |
192,000 | * | 192,000 | 5,682 | 5,682 | 0 | ||||||||||||||||||
Pro Mutual Group(1) |
552,000 | * | 552,000 | 16,336 | 16,336 | 0 | ||||||||||||||||||
San Francisco City and County Employee
Retirement System(1) |
863,000 | * | 863,000 | 25,540 | 25,540 | 0 |
* | Less than 1% |
(a) | Because each selling security holder may sell pursuant to this prospectus all or a portion of the offered debentures, and common stock issuable upon conversion of the debentures, we cannot know or estimate number or percentage of debentures and common stock that the selling security holder will hold upon the termination of any particular offering. Please refer to the Plan of Distribution beginning on page 64 of the prospectus. The information presented assumes that all of the selling security holders will fully convert the debentures for cash and shares of our common stock, and that the selling security holders will sell all shares of our common stock that they receive pursuant to such conversion. | ||
(b) | Includes shares of our common stock issuable upon conversion of the debentures. | ||
(c) | The number of shares of our common stock issuable upon conversion of the debentures is calculated assuming (i) the debentures are worth $345,000,000 at the time of conversion, with the $172,500,000 principal amount paid in cash and the remaining $172,500,000 paid in shares of our common stock, and (ii) the conversion of the full amount of debentures held by the selling security holders at the initial conversion price of $33.79, which corresponds to the initial conversion rate of 29.5972 shares per $1,000 principal amount of the debentures. The number of shares of our common stock to be offered using this prospectus may increase or decrease from time to time. Fractional shares will not be issued upon conversion of the debentures. Instead, we will pay cash in lieu of fractional shares, if any. | ||
(1) | Advent Capital Management, LLC, as investment advisor to each of the selling security holders named in this prospectus supplement, has voting and investment power over the securities held by these selling security holders. Tracy V. Maitland, as President and Chief Investment Officer, controls Advent Capital Management. |