SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934

Delek US Holdings, Inc.
(Name of Issuer)

 

Common Stock, $0.01 par value per share
(Title of Class of Securities)
 
246647101
(CUSIP Number)

 

D. E. Shaw & Co., L.P.

Attn: Compliance Department

1166 Avenue of the Americas, 9th Floor

New York, NY 10036

212-478-0000
(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

July 17, 2015
(Date of Event which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: x

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent.

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 
 

 

SCHEDULE 13D

 

CUSIP No. 246647101    

1

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

D. E. Shaw Kalon Portfolios, L.L.C.

FEIN 27-1490745

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨

(b) ¨

3 SEC USE ONLY
4

SOURCE OF FUNDS (See Instructions)

WC

5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH		 7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

4,209,900

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

4,209,900

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,209,900

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

7.3%

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

OO

  

 
 

  

CUSIP No. 246647101    

1

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

D. E. Shaw Heliant Manager, L.L.C.

FEIN 27-1289787

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨

(b) ¨

3 SEC USE ONLY
4

SOURCE OF FUNDS (See Instructions)

AF

5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH		 7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

5,100,000

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

5,100,000

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

5,100,000

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

8.9%

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

OO

 

 
 

 

CUSIP No. 246647101    

1

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

D. E. Shaw Heliant Adviser, L.L.C.

FEIN 27-1289715

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨

(b) ¨

3 SEC USE ONLY
4

SOURCE OF FUNDS (See Instructions)

AF

5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH		 7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

5,100,000

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

5,100,000

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

5,100,000

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)		 ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

8.9%

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IA

 

 
 

 

CUSIP No. 246647101    

1

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

D. E. Shaw & Co., L.L.C.

FEIN 13-3799946

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨

(b) ¨

3 SEC USE ONLY
4

SOURCE OF FUNDS (See Instructions)

AF

5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH		 7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

5,205,759

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

5,205,759

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

5,205,759

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)		 ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

9.1%

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

OO

 

 
 

  

CUSIP No. 246647101    

1

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

D. E. Shaw & Co., L.P.

FEIN 13-3695715    

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ¨

3 SEC USE ONLY
4

SOURCE OF FUNDS (See Instructions)

AF

5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH		 7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

5,316,294

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

5,317,785

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

5,317,785

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

9.3%

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IA, PN

  

 
 

  

CUSIP No. 246647101    

1

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

David E. Shaw   

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) ¨

(b) ¨

3 SEC USE ONLY
4

SOURCE OF FUNDS (See Instructions)

AF

5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH		 7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

5,316,294

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

5,317,785

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

5,317,785

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)		 ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

9.3%

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IN

 

 
 

 

Item 1.          Security and the Issuer

 

This statement on Schedule 13D relates to the Common Stock, $0.01 par value per share (the “Common Shares”) of Delek US Holdings, Inc. (the “Issuer”). The principal executive offices of the Issuer are located at 7102 Commerce Way, Brentwood, Tennessee 37027.

 

Item 2.          Identity and Background

 

(a), (f) This statement is filed on behalf of D. E. Shaw Kalon Portfolios, L.L.C., a Delaware limited liability company (“Kalon Portfolios”), D. E. Shaw Heliant Manager, L.L.C., a Delaware limited liability company (“Heliant Manager”), D. E. Shaw Heliant Adviser, L.L.C., a Delaware limited liability company (“Heliant Adviser”), D. E. Shaw & Co., L.L.C., a Delaware limited liability company (“DESCO LLC”), D. E. Shaw & Co., L.P., a Delaware limited partnership (“DESCO LP”), and David E. Shaw, a citizen of the United States of America (“David E. Shaw,” and together with Kalon Portfolios, Heliant Manager, Heliant Adviser, DESCO LLC, and DESCO LP, collectively, the “Reporting Persons”). The Reporting Persons are filing jointly, and the agreement among the Reporting Persons to file jointly is attached hereto as Exhibit 3 and incorporated herein by reference.

 

(b) The business address and principal office, as applicable, of all Reporting Persons is 1166 Avenue of the Americas, 9th Floor, New York, NY 10036.

 

(c) The principal business of Kalon Portfolios is that of a limited liability company focusing primarily on macro-oriented investment strategies. Kalon Portfolios does not have any executive officers or directors. The principal business of Heliant Manager is to act as a manager to certain funds, including, without limitation, Kalon Portfolios. The principal business of Heliant Adviser is to act as an adviser to certain funds, including, without limitation, Kalon Portfolios. The principal business of DESCO LLC is to act as a manager to certain entities, including, without limitation, Heliant Manager. The principal business of DESCO LP is to act as an investment adviser to certain funds. DESCO LP is also the managing member of certain entities including, without limitation, Heliant Adviser. D. E. Shaw & Co. II, Inc., a Delaware corporation (“DESCO II Inc.”), is the managing member of DESCO LLC. D. E. Shaw & Co., Inc., a Delaware corporation (“DESCO Inc.”), is the general partner of DESCO LP. David E. Shaw is the President and sole shareholder of each of DESCO II Inc. and DESCO Inc.

 

(d) During the last five years, neither any Reporting Person nor, to the best knowledge of any Reporting Person, any person named in this Item 2, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

 

(e) On September 16, 2013, DESCO LP entered into a settled administrative proceeding (the “Settlement”) with the U.S. Securities and Exchange Commission (the “SEC”) relating to inadvertent violations of Rule 105 (“Rule 105”) of Regulation M under the Securities Exchange Act of 1934. Rule 105 prohibits buying an equity security made available through a public offering, conducted on a firm basis, from an underwriter or broker or dealer participating in the offering after having sold short the same security during the restricted period as defined in the rule. Rule 105 applies irrespective of the short seller’s intent in effecting the short sale. Pursuant to the Settlement, DESCO LP paid $447,794 in disgorgement, $18,192.37 in pre-judgment interest, and a civil penalty of $201,506. The Settlement also requires that DESCO LP “cease and desist from committing or causing any violations and any future violations of Rule 105.” The SEC order implementing the Settlement notes that in determining to accept DESCO LP’s offer to enter into the Settlement, the SEC considered “remedial acts promptly undertaken” by DESCO LP and “cooperation afforded to [SEC] staff” by DESCO LP. Except with respect to the matter described above, no Reporting Person has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding has been 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.

 

 
 

 

Item 3.          Source and Amount of Funds or Other Consideration

 

In acquiring 4,209,900 Common Shares, Kalon Portfolios expended approximately $128,070,571 (excluding commissions) of its working capital.

 

Item 4.          Purpose of Transaction

 

Kalon Portfolios will review its investment in the Common Shares from time to time and subject to applicable law and regulation and depending upon certain factors, including, without limitation, the financial performance of the Issuer, the availability and price of the Common Shares or other securities related to the Issuer, and other general market and investment conditions, Kalon Portfolios may determine to:

 

•acquire additional Common Shares through open market purchases or otherwise; or

 

•sell, trade, engage in short selling of, hedge, or enter into any similar transactions with respect to the Common Shares through the open market or otherwise.

 

Such transactions may take place at any time and without prior notice. There can be no assurance, however, that any Reporting Person will take any such actions.

 

As part of Kalon Portfolios’ ongoing review of its investments in the Common Shares, Kalon Portfolios may from time to time hold talks or discussions with, write letters to and respond to inquiries from various parties, including, without limitation, the Issuer’s Board of Directors, management or representatives, other shareholders and other persons or entities, regarding the Issuer’s affairs and strategic alternatives.

 

Kalon Portfolios may undertake from time to time, and subject to applicable law and regulation and depending upon certain factors, including, without limitation, the financial performance of the Issuer, the availability and price of the Common Shares or other securities related to the Issuer, and other general market investment conditions, Kalon Portfolios may determine to pursue various alternatives in respect of its investments in the Issuer. Such actions may include, without limitation, direct or indirect participation in the following:

 

•forming and pursuing potential strategic developments and plans related to the Issuer;

 

 
 

  

•seeking representation on the Board of Directors of the Issuer;

 

•making recommendations to the Issuer’s Board of Directors and management of the Issuer concerning various business strategies, mergers, acquisitions, dispositions, dividend policy, capital structure, the provisions of the Issuer’s Articles of Incorporation or Bylaws or other matters;

 

•seeking to acquire control of the Issuer through a merger, proxy solicitation, tender offer, exchange offer or otherwise;

 

•restructuring and effecting other significant transactions with respect to the Issuer;

 

•participating in a “going-private” transaction;

 

•taking any other actions that could have the purpose or effect of directly or indirectly changing or influencing control of the Issuer; or

 

•providing financing for any of the foregoing.

 

Such transactions may take place at any time and without prior notice. There can be no assurance, however, that the possible courses of action expressed in the immediately preceding sentence will be pursued or, if pursued, will be consummated by Kalon Portfolios or any other Reporting Person.

 

Item 5.          Interest in Securities of the Issuer

 

(a), (b) Based upon the Issuer’s Form 10-Q, filed with the SEC on May 7, 2015, there were 57,361,741 Common Shares issued and outstanding as of May 1, 2015. The 4,209,900 Common Shares beneficially owned by Kalon Portfolios (the “Kalon Shares”) represent approximately 7.3% of the Common Shares issued and outstanding. Common Shares are also beneficially owned by D. E. Shaw Special Opportunities Portfolios, L.L.C. (“Special Opportunities Portfolios”), D. E. Shaw Valence Portfolios, L.L.C. (“Valence Portfolios”), D. E. Shaw Oculus Portfolios, L.L.C. (“Oculus Portfolios”), and under the management of D. E. Shaw Investment Management, L.L.C. (“DESIM”). The 890,100 Common Shares beneficially owned by Special Opportunities Portfolios (the “Special Opportunities Shares”) represent approximately 1.6% of the Common Shares issued and outstanding. The 109,735 Common Shares beneficially owned by Valence Portfolios (the “Valence Shares”) represent approximately 0.2% of the Common Shares issued and outstanding. The 105,759 Common Shares beneficially owned by Oculus Portfolios (the “Oculus Shares”) represent approximately 0.2% of the Common Shares issued and outstanding. The 2,291 Common Shares under the management of DESIM (the “DESIM Shares”) represent approximately 0.0% of the Common Shares issued and outstanding.

 

Heliant Manager, as the manager of Kalon Portfolios and Special Opportunities Portfolios, and Heliant Adviser, as the investment adviser of Kalon Portfolios and Special Opportunities Portfolios, may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the Kalon Shares and the Special Opportunities Shares.

 

 
 

 

DESCO LLC, as the manager of Oculus Portfolios, and the managing member of Heliant Manager, may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the Kalon Shares, the Special Opportunities Shares, and the Oculus Shares.

 

DESCO LP, as the manager and investment adviser of Valence Portfolios, the investment adviser of Oculus Portfolios, and the managing member of (i) DESIM and (ii) Heliant Adviser, may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the Kalon Shares, the Special Opportunities Shares, the Valence Shares, the Oculus Shares, and the DESIM Shares (collectively the “Subject Shares”). On July 22, 2015, the Reporting Persons beneficially owned 9.3% of the outstanding shares. None of DESCO LP, DESCO LLC, Heliant Adviser, or Heliant Manager owns any of the Common Shares directly, and each of DESCO LP, DESCO LLC, Heliant Adviser, and Heliant Manager disclaims beneficial ownership of the Subject Shares.

 

David E. Shaw does not own any shares directly.  By virtue of David E. Shaw’s position as President and sole shareholder of DESCO Inc., which is the general partner of DESCO LP, which in turn is the manager and investment adviser of Valence Portfolios, the investment adviser of Oculus Portfolios, and the managing member of (i) DESIM and (ii) Heliant Adviser, and by virtue of David E. Shaw’s position as President and sole shareholder of DESCO II Inc., which is the managing member of DESCO LLC, which in turn is the manager of Oculus Portfolios and the managing member of Heliant Manager, David E. Shaw may be deemed to have the shared power to vote or direct the vote of, and the shared power to dispose or direct the disposition of, the Subject Shares as described above. Therefore, David E. Shaw may be deemed to be the beneficial owner of the Subject Shares.  David E. Shaw disclaims beneficial ownership of the Subject Shares.

 

As of July 22, 2015, neither any Reporting Person nor, to the best knowledge of any Reporting Person, any of the persons set forth in Item 2, owned any Common Shares other than those set forth in Item 5.

 

(c) The trading dates, number of Common Shares purchased or sold, and the price per share for all transactions by the Reporting Persons in the Common Shares from May 23, 2015 through July 22, 2015, which were all brokered transactions, are set forth below:

 

 
 

 

Name  Date   Price per
Share1		   Number of Shares
Purchased/(Sold)		 
D. E. Shaw Asymptote Portfolios, L.L.C. (“Asymptote Portfolios”)2   20150526   $36.563   (600)
DESIM   20150526   $36.564   (3,100)
Asymptote Portfolios   20150526   $36.595   600 
Kalon Portfolios   20150526   $36.636   168,200 
Asymptote Portfolios   20150527   $36.677   (900)
DESIM   20150527   $36.578   (1,000)
Oculus Portfolios   20150527   $36.609   (200)
Valence Portfolios   20150527   $36.7710   (3,489)
Asymptote Portfolios   20150527   $36.5711   900 
Kalon Portfolios   20150527   $36.4512   28,400 
Asymptote Portfolios   20150528   $36.9813   (5,816)
DESIM   20150528   $37.0314   (1,900)
Asymptote Portfolios   20150528   $37.0615   5,375 
Kalon Portfolios   20150528   $37.0716   13,000 
Asymptote Portfolios   20150529   $37.7017   (4,580)
DESIM   20150529   $37.7318   (2,500)
Valence Portfolios   20150529   $37.9019   (3,488)
Asymptote Portfolios   20150529   $37.7220   5,029 
Kalon Portfolios   20150529   $37.7321   10,700 

 

 

 

1 Where weighted average price is used for the reported transactions, the Reporting Person undertakes to provide upon request by the SEC, full information regarding the number of shares purchased or sold at each separate price.

2 By virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co., Inc., which is the general partner of D. E. Shaw & Co., L.P., which in turn is the managing member of D. E. Shaw Adviser, L.L.C., which in turn is the investment adviser of D. E. Shaw Asymptote Portfolios, L.L.C., and by virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co. II, Inc., which is the managing member of D. E. Shaw & Co., L.L.C., which in turn is the managing member of D. E. Shaw Manager, L.L.C., which in turn is the manager of D. E. Shaw Asymptote Portfolios, L.L.C., David E. Shaw may be deemed to have the shared power to vote or direct the vote of, and the shared power to dispose or direct the disposition of, shares in which Asymptote Portfolios transacts and, therefore, David E. Shaw may be deemed to be the beneficial owner of such shares.  David E. Shaw disclaims such beneficial ownership.

3 A weighted average price based on prices ranging from $36.48 to $36.69.

4 A weighted average price based on prices ranging from $36.38 to $36.95.

5 A weighted average price based on prices ranging from $36.46 to $36.74.

6 A weighted average price based on prices ranging from $36.35 to $37.08.

7 A weighted average price based on prices ranging from $36.26 to $36.79.

8 A weighted average price based on prices ranging from $35.99 to $36.78.

9 A weighted average price based on prices ranging from $36.52 to $36.67.

10 A weighted average price based on prices ranging from $36.70 to $36.80.

11 A weighted average price based on prices ranging from $36.49 to $36.65.

12 A weighted average price based on prices ranging from $36.06 to $36.82.

13 A weighted average price based on prices ranging from $36.71 to $37.11.

14 A weighted average price based on prices ranging from $36.78 to $37.13.

15 A weighted average price based on prices ranging from $36.97 to $37.17.

16 A weighted average price based on prices ranging from $36.77 to $37.26.

17 A weighted average price based on prices ranging from $37.34 to $38.02.

18 A weighted average price based on prices ranging from $37.29 to $38.00.

19 A weighted average price based on prices ranging from $37.73 to $38.04.

20 A weighted average price based on prices ranging from $37.25 to $38.00.

21 A weighted average price based on prices ranging from $37.19 to $38.03.

 

 
 

 

Name  Date  Price per
Share		   Number of Shares
Purchased/(Sold)		 
Asymptote Portfolios  20150601  $37.8822   (4,592)
DESIM  20150601  $37.9323   (1,400)
Valence Portfolios  20150601  $37.8424   (3,900)
Asymptote Portfolios  20150601  $37.8925   4,500 
Asymptote Portfolios  20150602  $37.3926   (1,700)
DESIM  20150602  $37.3227   (2,000)
Valence Portfolios  20150602  $37.2728   (14,687)
Asymptote Portfolios  20150602  $37.5229   1,800 
Asymptote Portfolios  20150603  $37.3830   (2,400)
DESIM  20150603  $37.3531   (1,900)
Valence Portfolios  20150603  $37.3932   (2,800)
Asymptote Portfolios  20150603  $37.4233   2,413 
Asymptote Portfolios  20150604  $36.9634   (3,066)
DESIM  20150604  $36.8635   (1,300)
Valence Portfolios  20150604  $36.6736   (300)
Asymptote Portfolios  20150604  $36.8237   3,000 
Kalon Portfolios  20150604  $36.6838   123,000 
Asymptote Portfolios  20150605  $36.9239   (3,800)
DESIM  20150605  $37.0140   (1,800)
Asymptote Portfolios  20150605  $36.9341   3,915 
Oculus Portfolios  20150605  $37.1542   260 
Valence Portfolios  20150605  $37.0543   9,181 

 

 

 

22 A weighted average price based on prices ranging from $37.65 to $38.04.

23 A weighted average price based on prices ranging from $37.74 to $38.09.

24 A weighted average price based on prices ranging from $37.68 to $37.92.

25 A weighted average price based on prices ranging from $37.68 to $38.07.

26 A weighted average price based on prices ranging from $37.14 to $37.56.

27 A weighted average price based on prices ranging from $36.98 to $37.70.

28 A weighted average price based on prices ranging from $36.91 to $37.80.

29 A weighted average price based on prices ranging from $37.17 to $37.78.

30 A weighted average price based on prices ranging from $37.27 to $37.65.

31 A weighted average price based on prices ranging from $37.18 to $37.60.

32 A weighted average price based on prices ranging from $37.32 to $37.48.

33 A weighted average price based on prices ranging from $37.35 to $37.48.

34 A weighted average price based on prices ranging from $36.75 to $37.22.

35 A weighted average price based on prices ranging from $36.57 to $37.23.

36 A weighted average price based on prices ranging from $36.49 to $36.77.

37 A weighted average price based on prices ranging from $36.62 to $37.01.

38 A weighted average price based on prices ranging from $36.46 to $37.12.

39 A weighted average price based on prices ranging from $36.31 to $37.25.

40 A weighted average price based on prices ranging from $36.66 to $37.22.

41 A weighted average price based on prices ranging from $36.43 to $37.16.

42 A weighted average price based on prices ranging from $36.92 to $37.29.

43 A weighted average price based on prices ranging from $36.79 to $37.21.

 

 
 

 

Name  Date  Price per
Share		   Number of Shares
Purchased/(Sold)		 
Asymptote Portfolios  20150608  $37.0844   (900)
DESIM  20150608  $37.2045   (1,800)
Valence Portfolios  20150608  $37.3846   (5,048)
Asymptote Portfolios  20150608  $37.0847   900 
Oculus Portfolios  20150608  $37.1348   1,500 
Valence Portfolios  20150608  $37.00    4,000 
Asymptote Portfolios  20150609  $36.3649   (3,100)
DESIM  20150609  $36.3250   (2,200)
Asymptote Portfolios  20150609  $36.4451   3,050 
Oculus Portfolios  20150609  $36.3852   2,800 
Valence Portfolios  20150609  $36.4353   16,668 
Asymptote Portfolios  20150610  $36.4654   (2,500)
DESIM  20150610  $36.4455   (2,432)
Valence Portfolios  20150610  $36.4856   (6,648)
Asymptote Portfolios  20150610  $36.3957   2,572 
Oculus Portfolios  20150610  $36.4258   200 
Valence Portfolios  20150610  $36.5059   1,200 
Asymptote Portfolios  20150611  $36.8460   (1,054)
DESIM  20150611  $36.9361   (1,607)
Valence Portfolios  20150611  $36.8062   (206)
Asymptote Portfolios  20150611  $36.9363   1,000 
Valence Portfolios  20150611  $36.9664   1,918 

 

 

 

44 A weighted average price based on prices ranging from $36.95 to $37.44.

45 A weighted average price based on prices ranging from $36.96 to $37.53.

46 A weighted average price based on prices ranging from $37.13 to $37.56.

47 A weighted average price based on prices ranging from $36.96 to $37.17.

48 A weighted average price based on prices ranging from $37.04 to $37.30.

49 A weighted average price based on prices ranging from $36.14 to $37.04.

50 A weighted average price based on prices ranging from $36.04 to $36.87.

51 A weighted average price based on prices ranging from $36.04 to $36.87.

52 A weighted average price based on prices ranging from $36.10 to $37.08.

53 A weighted average price based on prices ranging from $36.09 to $37.08.

54 A weighted average price based on prices ranging from $36.32 to $36.55.

55 A weighted average price based on prices ranging from $36.27 to $36.63.

56 A weighted average price based on prices ranging from $36.40 to $36.58.

57 A weighted average price based on prices ranging from $36.23 to $36.57.

58 A weighted average price based on prices ranging from $36.36 to $36.48.

59 A weighted average price based on prices ranging from $36.36 to $36.54.

60 A weighted average price based on prices ranging from $36.68 to $37.08.

61 A weighted average price based on prices ranging from $36.58 to $37.12.

62 A weighted average price based on prices ranging from $36.78 to $37.09.

63 A weighted average price based on prices ranging from $36.76 to $37.10.

64 A weighted average price based on prices ranging from $36.75 to $37.08.

 

 
 

 

Name  Date  Price per
Share		   Number of Shares
Purchased/(Sold)		 
Asymptote Portfolios  20150612  $36.4765   (4,700)
DESIM  20150612  $36.2366   (1,400)
Asymptote Portfolios  20150612  $36.2767   4,712 
Valence Portfolios  20150612  $36.2968   5,948 
Asymptote Portfolios  20150615  $36.0469   (1,000)
DESIM  20150615  $36.0170   (1,999)
Asymptote Portfolios  20150615  $35.9871   1,024 
Oculus Portfolios  20150615  $36.0272   300 
Valence Portfolios  20150615  $36.0073   7,688 
Asymptote Portfolios  20150616  $35.89    (500)
DESIM  20150616  $35.9374   (1,762)
Asymptote Portfolios  20150616  $35.9775   500 
Oculus Portfolios  20150616  $36.1076   400 
Valence Portfolios  20150616  $35.9977   5,633 
Asymptote Portfolios  20150617  $36.4078   (400)
DESIM  20150617  $36.2079   (1,791)
DESIM  20150617  $37.0480   (1,800)
Valence Portfolios  20150617  $37.0781   (1,352)
Asymptote Portfolios  20150617  $36.0082   400 
Oculus Portfolios  20150617  $36.0783   400 
Valence Portfolios  20150617  $36.0884   14,984 
Valence Portfolios  20150617  $37.0385   400 

 

 

 

65 A weighted average price based on prices ranging from $36.10 to $36.60.

66 A weighted average price based on prices ranging from $36.09 to $36.57.

67 A weighted average price based on prices ranging from $36.07 to $36.62.

68 A weighted average price based on prices ranging from $36.11 to $36.62.

69 A weighted average price based on prices ranging from $35.98 to $36.14.

70 A weighted average price based on prices ranging from $35.79 to $36.12.

71 A weighted average price based on prices ranging from $35.95 to $36.05.

72 A weighted average price based on prices ranging from $35.99 to $36.05.

73 A weighted average price based on prices ranging from $35.85 to $36.09.

74 A weighted average price based on prices ranging from $35.72 to $36.19.

75 A weighted average price based on prices ranging from $35.74 to $36.13.

76 A weighted average price based on prices ranging from $35.90 to $36.22.

77 A weighted average price based on prices ranging from $35.77 to $36.18.

78 A weighted average price based on prices ranging from $35.94 to $36.74.

79 A weighted average price based on prices ranging from $35.88 to $36.87.

80 A weighted average price based on prices ranging from $36.91 to $37.15.

81 A weighted average price based on prices ranging from $36.85 to $37.17.

82 A weighted average price based on prices ranging from $35.93 to $36.06.

83 A weighted average price based on prices ranging from $35.94 to $36.21.

84 A weighted average price based on prices ranging from $35.85 to $36.40.

85 A weighted average price based on prices ranging from $36.93 to $37.12.

 

 
 

 

Name  Date  Price per
Share		   Number of Shares
Purchased/(Sold)		 
Asymptote Portfolios  20150618  $37.1786   (3,015)
DESIM  20150618  $37.0487   (2,700)
Kalon Portfolios  20150618  $37.2888   (25,000)
Valence Portfolios  20150618  $36.8089   (900)
Asymptote Portfolios  20150618  $36.6690   2,039 
Asymptote Portfolios  20150618  $37.3991   1,000 
Asymptote Portfolios  20150618  $37.3992   1,000 
Oculus Portfolios  20150618  $37.2593   1,603 
Valence Portfolios  20150618  $37.2194   18,755 
Asymptote Portfolios  20150619  $37.0995   (1,400)
DESIM  20150619  $37.0596   (2,700)
Kalon Portfolios  20150619  $36.9997   (14,500)
Valence Portfolios  20150619  $37.0098   (1,870)
Asymptote Portfolios  20150619  $36.8999   1,400 
Oculus Portfolios  20150619  $37.16    100 
Valence Portfolios  20150619  $37.28100   1,100 
Asymptote Portfolios  20150622  $36.65101   (5,280)
DESIM  20150622  $36.64102   (2,706)
Valence Portfolios  20150622  $36.65103   (15,008)
Asymptote Portfolios  20150622  $36.68104   5,250 
Oculus Portfolios  20150622  $36.69    100 
Valence Portfolios  20150622  $36.17    3,800 
Asymptote Portfolios  20150623  $36.60105   (300)

 

 

 

86 A weighted average price based on prices ranging from $36.66 to $37.52.

87 A weighted average price based on prices ranging from $36.68 to $37.60.

88 A weighted average price based on prices ranging from $37.07 to $37.68.

89 A weighted average price based on prices ranging from $36.78 to $36.88.

90 A weighted average price based on prices ranging from $36.20 to $37.05.

91 A weighted average price based on prices ranging from $37.22 to $37.53.

92 A weighted average price based on prices ranging from $37.22 to $37.53.

93 A weighted average price based on prices ranging from $36.79 to $37.53.

94 A weighted average price based on prices ranging from $36.67 to $37.64.

95 A weighted average price based on prices ranging from $37.01 to $37.16.

96 A weighted average price based on prices ranging from $36.74 to $37.33.

97 A weighted average price based on prices ranging from $36.72 to $37.38.

98 A weighted average price based on prices ranging from $36.88 to $37.00.

99 A weighted average price based on prices ranging from $36.73 to $37.14.

100 A weighted average price based on prices ranging from $37.10 to $37.38.

101 A weighted average price based on prices ranging from $36.44 to $37.03.

102 A weighted average price based on prices ranging from $36.31 to $37.09.

103 A weighted average price based on prices ranging from $36.31 to $36.99.

104 A weighted average price based on prices ranging from $36.43 to $37.20.

105 A weighted average price based on prices ranging from $36.56 to $36.62.

 

 
 

 

Name  Date  Price per
Share		   Number of Shares
Purchased/(Sold)		 
DESIM  20150623  $36.61106   (1,900)
Valence Portfolios  20150623  $36.59107   (15,296)
Asymptote Portfolios  20150623  $36.74108   300 
Asymptote Portfolios  20150624  $36.51109   (1,420)
DESIM  20150624  $36.44110   (2,800)
Valence Portfolios  20150624  $36.48111   (11,551)
Asymptote Portfolios  20150624  $36.66112   1,500 
Asymptote Portfolios  20150625  $36.52113   (400)
DESIM  20150625  $36.37114   (1,500)
Asymptote Portfolios  20150625  $36.32115   300 
Oculus Portfolios  20150625  $36.55    100 
Asymptote Portfolios  20150626  $36.30116   (3,141)
DESIM  20150626  $36.15117   (300)
Valence Portfolios  20150626  $36.35118   (3,116)
Asymptote Portfolios  20150626  $36.16119   3,150 
Valence Portfolios  20150626  $36.12120   5,774 
Asymptote Portfolios  20150629  $36.13121   (2,400)
DESIM  20150629  $36.17122   (1,400)
Valence Portfolios  20150629  $35.78123   (6,203)
Asymptote Portfolios  20150629  $35.81124   2,357 
Valence Portfolios  20150629  $35.88125   1,560 
Asymptote Portfolios  20150630  $36.49126   (2,700)

 

 

 

106 A weighted average price based on prices ranging from $36.47 to $36.81.

107 A weighted average price based on prices ranging from $36.24 to $36.88.

108 A weighted average price based on prices ranging from $36.63 to $36.82.

109 A weighted average price based on prices ranging from $36.33 to $36.77.

110 A weighted average price based on prices ranging from $36.12 to $36.74.

111 A weighted average price based on prices ranging from $36.11 to $36.80.

112 A weighted average price based on prices ranging from $36.17 to $36.76.

113 A weighted average price based on prices ranging from $36.45 to $36.58.

114 A weighted average price based on prices ranging from $36.13 to $36.69.

115 A weighted average price based on prices ranging from $36.18 to $36.54.

116 A weighted average price based on prices ranging from $36.02 to $36.40.

117 A weighted average price based on prices ranging from $35.98 to $36.24.

118 A weighted average price based on prices ranging from $36.33 to $36.35.

119 A weighted average price based on prices ranging from $35.93 to $36.28.

120 A weighted average price based on prices ranging from $35.92 to $36.30.

121 A weighted average price based on prices ranging from $36.01 to $36.25.

122 A weighted average price based on prices ranging from $35.81 to $36.31.

123 A weighted average price based on prices ranging from $35.74 to $36.16.

124 A weighted average price based on prices ranging from $35.69 to $36.32.

125 A weighted average price based on prices ranging from $35.60 to $36.07.

126 A weighted average price based on prices ranging from $36.18 to $36.64.

 

 
 

 

Name  Date  Price per
Share		   Number of Shares
Purchased/(Sold)		 
DESIM  20150630  $36.44127   (800)
Valence Portfolios  20150630  $36.64128   (21,206)
Asymptote Portfolios  20150630  $36.53129   2,778 
Special Opportunities Portfolios  20150630  $36.55130   57,000 
Valence Portfolios  20150630  $36.55131   1,300
Asymptote Portfolios  20150701  $37.63132   (5,300)
Asymptote Portfolios  20150701  $38.78133   (7,363)
Asymptote Portfolios  20150701  $39.22    (200)
DESIM  20150701  $37.84134   (900)
DESIM  20150701  $38.98135   (400)
Valence Portfolios  20150701  $37.47136   (4,346)
Valence Portfolios  20150701  $39.17137   (5,581)
Asymptote Portfolios  20150701  $37.25138   3,900 
Asymptote Portfolios  20150701  $38.44139   7,620 
Asymptote Portfolios  20150701  $38.89140   1,100 
Oculus Portfolios  20150701  $38.94141   500 
Special Opportunities Portfolios  20150701  $37.87142   35,483 
Special Opportunities Portfolios  20150701  $38.71143   6,767 
Valence Portfolios  20150701  $38.00144   1,081 
Valence Portfolios  20150701  $38.77145   4,736 
Asymptote Portfolios  20150702  $39.98146   (600)
DESIM  20150702  $39.93147   (4,425)

 

 

 

127 A weighted average price based on prices ranging from $36.09 to $36.65.

128 A weighted average price based on prices ranging from $36.05 to $36.86.

129 A weighted average price based on prices ranging from $36.06 to $36.74.

130 A weighted average price based on prices ranging from $36.23 to $36.88.

131 A weighted average price based on prices ranging from $36.34 to $36.78.

132 A weighted average price based on prices ranging from $37.10 to $38.09.

133 A weighted average price based on prices ranging from $38.17 to $39.09.

134 A weighted average price based on prices ranging from $37.66 to $38.03.

135 A weighted average price based on prices ranging from $38.84 to $39.18.

136 A weighted average price based on prices ranging from $37.13 to $37.93.

137 A weighted average price based on prices ranging from $38.75 to $39.31.

138 A weighted average price based on prices ranging from $36.84 to $37.83.

139 A weighted average price based on prices ranging from $37.84 to $38.83.

140 A weighted average price based on prices ranging from $38.84 to $38.97.

141 A weighted average price based on prices ranging from $38.78 to $39.12.

142 A weighted average price based on prices ranging from $37.23 to $38.22.

143 A weighted average price based on prices ranging from $38.23 to $39.00.

144 A weighted average price based on prices ranging from $37.37 to $38.28.

145 A weighted average price based on prices ranging from $38.38 to $39.08.

146 A weighted average price based on prices ranging from $39.66 to $40.32.

147 A weighted average price based on prices ranging from $39.51 to $40.38.

 

 
 

 

Name  Date  Price per
Share		   Number of Shares
Purchased/(Sold)		 
Oculus Portfolios  20150702  $39.87148   (500)
Valence Portfolios  20150702  $39.93149   (15,738)
Asymptote Portfolios  20150702  $39.86150   644 
Special Opportunities Portfolios  20150702  $39.74151   96,074 
Special Opportunities Portfolios  20150702  $40.33152   25,202 
Asymptote Portfolios  20150706  $39.92153   (2,500)
DESIM  20150706  $39.95154   (2,000)
Valence Portfolios  20150706  $40.02    (520)
Asymptote Portfolios  20150706  $39.85155   2,611 
Special Opportunities Portfolios  20150706  $39.93156   12,103 
Valence Portfolios  20150706  $39.96157   9,265 
Asymptote Portfolios  20150707  $38.99158   (5,377)
Asymptote Portfolios  20150707  $39.80159   (600)
DESIM  20150707  $38.83160   (1,800)
DESIM  20150707  $39.74161   (1,300)
Valence Portfolios  20150707  $39.24162   (7,614)
Valence Portfolios  20150707  $39.67163   (2,477)
Asymptote Portfolios  20150707  $39.02164   2,263 
Asymptote Portfolios  20150707  $39.78165   3,027 
Special Opportunities Portfolios  20150707  $38.77166   116,100 
Special Opportunities Portfolios  20150707  $39.62167   59,100 
Valence Portfolios  20150707  $38.73168   18,310 

 

 

 

148 A weighted average price based on prices ranging from $39.60 to $40.25.

149 A weighted average price based on prices ranging from $39.42 to $40.23.

150 A weighted average price based on prices ranging from $39.68 to $40.29.

151 A weighted average price based on prices ranging from $39.20 to $40.19.

152 A weighted average price based on prices ranging from $40.20 to $40.47.

153 A weighted average price based on prices ranging from $39.36 to $40.22.

154 A weighted average price based on prices ranging from $39.73 to $40.12.

155 A weighted average price based on prices ranging from $39.29 to $40.24.

156 A weighted average price based on prices ranging from $39.73 to $40.07.

157 A weighted average price based on prices ranging from $39.73 to $40.18.

158 A weighted average price based on prices ranging from $38.54 to $39.51.

159 A weighted average price based on prices ranging from $39.70 to $39.86.

160 A weighted average price based on prices ranging from $38.39 to $39.35.

161 A weighted average price based on prices ranging from $39.39 to $39.93.

162 A weighted average price based on prices ranging from $38.61 to $39.57.

163 A weighted average price based on prices ranging from $39.61 to $39.86.

164 A weighted average price based on prices ranging from $38.54 to $39.51.

165 A weighted average price based on prices ranging from $39.58 to $40.06.

166 A weighted average price based on prices ranging from $38.35 to $39.32.

167 A weighted average price based on prices ranging from $39.36 to $40.06.

168 A weighted average price based on prices ranging from $38.39 to $38.94.

 

 
 

 

Name  Date  Price per
Share		   Number of Shares
Purchased/(Sold)		 
Valence Portfolios  20150707  $39.89169   15,190 
Asymptote Portfolios  20150708  $37.22170   (1,570)
Asymptote Portfolios  20150708  $39.02171   (900)
DESIM  20150708  $36.96172   (1,900)
DESIM  20150708  $37.99173   (992)
Kalon Portfolios  20150708  $37.10174   (600)
Oculus Portfolios  20150708  $37.14    (100)
Special Opportunities Portfolios  20150708  $37.10175   (500)
Valence Portfolios  20150708  $36.92176   (4,962)
Valence Portfolios  20150708  $38.05177   (1,589)
Valence Portfolios  20150708  $39.03178   (453)
Asymptote Portfolios  20150708  $37.87179   2,000 
Asymptote Portfolios  20150708  $38.94180   2,400 
Oculus Portfolios  20150708  $37.04    100 
Special Opportunities Portfolios  20150708  $37.06181   255,514 
Special Opportunities Portfolios  20150708  $38.06182   147,857 
Special Opportunities Portfolios  20150708  $38.86183   54,400 
Valence Portfolios  20150708  $37.19184   1,500 
Asymptote Portfolios  20150709  $37.17185   (4,400)
DESIM  20150709  $36.99186   (3,000)
Valence Portfolios  20150709  $37.09187   (12,080)
Asymptote Portfolios  20150709  $37.13188   3,217 
DESIM  20150709  $37.12    100 

 

 

 

169 A weighted average price based on prices ranging from $39.77 to $40.03.

170 A weighted average price based on prices ranging from $36.99 to $37.89.

171 A weighted average price based on prices ranging from $38.95 to $39.06.

172 A weighted average price based on prices ranging from $36.49 to $37.44.

173 A weighted average price based on prices ranging from $37.56 to $38.29.

174 A weighted average price based on prices ranging from $37.07 to $37.17.

175 A weighted average price based on prices ranging from $37.07 to $37.14.

176 A weighted average price based on prices ranging from $36.50 to $37.49.

177 A weighted average price based on prices ranging from $37.54 to $38.47.

178 A weighted average price based on prices ranging from $38.57 to $39.06.

179 A weighted average price based on prices ranging from $37.56 to $38.43.

180 A weighted average price based on prices ranging from $38.60 to $39.15.

181 A weighted average price based on prices ranging from $36.46 to $37.46.

182 A weighted average price based on prices ranging from $37.46 to $38.42.

183 A weighted average price based on prices ranging from $38.54 to $39.15.

184 A weighted average price based on prices ranging from $37.10 to $37.25.

185 A weighted average price based on prices ranging from $36.66 to $37.39.

186 A weighted average price based on prices ranging from $36.60 to $37.40.

187 A weighted average price based on prices ranging from $36.80 to $37.50.

188 A weighted average price based on prices ranging from $36.97 to $37.49.

 

 
 

 

Name  Date  Price per
Share		   Number of Shares
Purchased/(Sold)		 
Special Opportunities Portfolios  20150709  $36.87189   25,000 
Valence Portfolios  20150709  $36.90190   13,275 
Asymptote Portfolios  20150710  $37.60191   (2,182)
DESIM  20150710  $37.77192   (3,208)
Asymptote Portfolios  20150710  $37.73193   2,100 
Valence Portfolios  20150710  $37.78194   13,375 
Asymptote Portfolios  20150713  $38.23195   (400)
DESIM  20150713  $38.19196   (2,388)
Asymptote Portfolios  20150713  $38.33197   427 
Asymptote Portfolios  20150714  $39.22198   (3,998)
Asymptote Portfolios  20150714  $39.88199   (200)
DESIM  20150714  $39.31200   (4,947)
DESIM  20150714  $39.85201   (118)
Asymptote Portfolios  20150714  $39.38202   3,028 
Asymptote Portfolios  20150715  $38.43203   (1,452)
Asymptote Portfolios  20150715  $39.27    (100)
DESIM  20150715  $38.17204   (2,400)
DESIM  20150715  $39.00205   (500)
Asymptote Portfolios  20150715  $38.12206   1,383 
Asymptote Portfolios  20150715  $39.06207   1,300 
DESIM  20150715  $38.78    100 
Asymptote Portfolios  20150716  $38.83208   (800)

 

 

 

189 A weighted average price based on prices ranging from $36.69 to $37.04.

190 A weighted average price based on prices ranging from $36.68 to $37.20.

191 A weighted average price based on prices ranging from $37.20 to $38.06.

192 A weighted average price based on prices ranging from $37.32 to $38.05.

193 A weighted average price based on prices ranging from $37.41 to $37.92.

194 A weighted average price based on prices ranging from $37.14 to $38.10.

195 A weighted average price based on prices ranging from $38.15 to $38.46.

196 A weighted average price based on prices ranging from $37.89 to $38.85.

197 A weighted average price based on prices ranging from $37.87 to $38.70.

198 A weighted average price based on prices ranging from $38.83 to $39.76.

199 A weighted average price based on prices ranging from $39.85 to $39.91.

200 A weighted average price based on prices ranging from $38.83 to $39.73.

201 A weighted average price based on prices ranging from $39.85 to $39.87.

202 A weighted average price based on prices ranging from $38.90 to $39.61.

203 A weighted average price based on prices ranging from $38.09 to $38.70.

204 A weighted average price based on prices ranging from $37.64 to $38.62.

205 A weighted average price based on prices ranging from $38.64 to $39.18.

206 A weighted average price based on prices ranging from $37.68 to $38.42.

207 A weighted average price based on prices ranging from $38.97 to $39.16.

208 A weighted average price based on prices ranging from $38.56 to $39.24.

 

 
 

 

Name  Date  Price per
Share		   Number of Shares
Purchased/(Sold)		 
DESIM  20150716  $38.89209   (2,600)
Asymptote Portfolios  20150716  $38.98210   800 
Asymptote Portfolios  20150717  $38.64211   (2,700)
DESIM  20150717  $38.75212   (2,300)
Asymptote Portfolios  20150717  $38.83213   2,751

 

(d) No person other than the Reporting Persons or any of the persons set forth in Item 2 has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Subject Shares.

 

(e) Not Applicable.

 

Item 6.          Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

Asymptote Portfolios maintains an open short position of 31 Common Shares, and accounts under the management of DESIM maintain open short positions of 29,778 Common Shares.

 

Except for the matters described herein, neither the Reporting Persons nor, to the best knowledge of any Reporting Person, any of the person listed in Item 2 has any contract, arrangement, understanding, or relationship with any person with respect to any securities of the Issuer.

 

Item 7.          Material to be filed as Exhibits

 

Exhibit 1Power of Attorney, granted by David E. Shaw relating to D. E. Shaw & Co., Inc., in favor of the signatories hereto, among others, dated December 16, 2014.

 

Exhibit 2Power of Attorney, granted by David E. Shaw relating to D. E. Shaw & Co. II, Inc., in favor of the signatories hereto, among others, dated December 16, 2014.

 

Exhibit 3Joint Filing Agreement, by and among the Reporting Persons, dated July 22, 2015.

 

 

 

209 A weighted average price based on prices ranging from $38.64 to $39.25.

210 A weighted average price based on prices ranging from $38.72 to $39.21.

211 A weighted average price based on prices ranging from $38.43 to $38.84.

212 A weighted average price based on prices ranging from $38.33 to $38.98.

213 A weighted average price based on prices ranging from $38.65 to $38.93.

 

 
 

  

SIGNATURES

 

After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned, severally and not jointly, certifies that the information set forth in this statement is true, complete and correct. Powers of Attorney, dated December 16, 2014, granted by David E. Shaw in favor of Nathan Thomas, are attached hereto as Exhibits 1 and 2 and incorporated herein by reference.

 

Dated:         July 22, 2015

 

  D. E. Shaw Kalon Portfolios, L.L.C.
     
  By:  /s/ Nathan Thomas
    Nathan Thomas
    Authorized Signatory
     
  D. E. Shaw Heliant Manager, L.L.C.
     
  By:  /s/ Nathan Thomas
    Nathan Thomas
    Authorized Signatory
     
  D. E. Shaw Heliant Adviser, L.L.C.
     
  By:  /s/ Nathan Thomas
    Nathan Thomas
    Chief Compliance Officer
     
  D. E. Shaw & Co., L.L.C.
     
  By:  /s/ Nathan Thomas
    Nathan Thomas
    Authorized Signatory
     
  D. E. Shaw & Co., L.P.
     
  By:  /s/ Nathan Thomas
    Nathan Thomas
    Chief Compliance Officer
     
  David E. Shaw
     
  By:  /s/ Nathan Thomas
    Nathan Thomas
    Attorney-in-Fact for David E. Shaw