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Appendix | | | | | | | |
| | | | A-1 | | |
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Proposal 1: Approve the Issuance Proposal
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| | The affirmative vote of a majority of the shares cast affirmatively or negatively for this proposal is required to approve the Issuance Proposal. Abstentions will have no effect on the results of this vote. Brokerage firms do not have authority to vote customers’ unvoted shares held by the firms in street name on this proposal. As a result, any shares not voted by a customer will be treated as a broker non-vote. Such broker non-votes will have no effect on the results of this vote. | |
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Proposal 2: Approve the Authorized Share Increase Proposal
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| | The affirmative vote of a majority of the shares cast affirmatively or negatively for this proposal is required to approve the Share Increase Proposal. Abstentions will have no effect on the results of this vote. Brokerage firms do not have authority to vote customers’ unvoted shares held by the firms in street name on this proposal. As a result, any shares not voted by a customer will be treated as a broker non-vote. Such broker non-votes will have no effect on the results of this vote. | |
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Proposal 3: Approve the Adjournment Proposal
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| | The affirmative vote of a majority of the shares cast affirmatively or negatively for this proposal is required to approve the adjournment of the special meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies if there are insufficient votes to adopt either of the Issuance Proposal or the Authorized Share Increase Proposal, or to establish a quorum. Brokerage firms have authority to vote customers’ unvoted shares held by the firms in street name on this proposal. Broker non-votes (if any) for such shares (if deemed present or represented by proxy at the special meeting pursuant to Delaware law) will be treated as votes against this proposal. | |
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Shares Beneficially Owned
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Name of Beneficial Owner
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Number
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Percent
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Directors and Named Executive Officers: | | | | | | | | | | | | | |
David P. Luci(1)
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| | | | 2,577,303 | | | | | | 8.0% | | |
Robert G. Shawah(2)
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| | | | 746,436 | | | | | | 2.4% | | |
Robert J. DeLuccia(3)
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| | | | 2,450,889 | | | | | | 7.6% | | |
Joseph C. Scodari(4)
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| | | | 124,339 | | | | | | * | | |
Jack H. Dean(5)
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| | | | 114,398 | | | | | | * | | |
Thomas Harrison(6)
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| | | | 73,539 | | | | | | * | | |
Carl Sailer(7)
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| | | | 275,218 | | | | | | * | | |
James Donohue(8)
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| | | | 110,454 | | | | | | * | | |
All current directors and executive officers as a group (8 persons)
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| | | | 6,472,576 | | | | | | 20.3% | | |
5% Stockholders | | | | | | | | | | | | | |
Armistice Capital, LLC(9)
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| | | | 9,113,084 | | | | | | 24.6% | | |