Clearly I can increase my upside by
purchasing additional shares under the oversubscription facility, if they are available; the more shares I can get my hands on at the $ 2.75 rights exercise price, the lower my average price will be.
Not exact matches
The table above does not include (i) 5,952,917
shares of Class A common stock reserved for issuance
under our 2015 Incentive Award Plan (as described in «Executive Compensation — New Employment Agreements and Incentive Plans»), consisting of (x) 2,689,486
shares of Class A common stock issuable upon exercise of options to
purchase shares of Class A common stock granted on the date of this prospectus to our directors and certain employees, including the named executive officers, in connection with this offering as described in «Executive Compensation — Director Compensation» and «Executive Compensation — New Equity Awards,» and (y) 3,263,431
additional shares of Class A common stock reserved for future issuance and (ii) 24,269,792
shares of Class A common stock issuable to the Continuing SSE Equity Owners upon redemption or exchange of their LLC Interests as described in «Certain Relationships and Related Party Transactions — SSE Holdings LLC Agreement.»
You will experience
additional dilution when those holding options exercise their right to
purchase common stock
under our equity incentive plans, when RSUs vest and settle, when we issue restricted stock to our employees
under our equity incentive plans, or when we otherwise issue
additional shares of our common stock.
Upon the completion of this offering and after giving effect to the planned recapitalization of our common stock into a single class of common stock and stock split, SIH will own
shares of our outstanding common stock (representing % of the
shares outstanding), our founders and their family trusts will own an aggregate
shares of our outstanding common stock (representing % of the
shares outstanding) and our employees who received
shares upon the liquidation of the special purpose employee ownership vehicle will own
shares of our outstanding common stock
under a restricted stock award (representing % of the
shares outstanding), in each case as it relates to the percentage ownership assuming that the underwriters do not exercise their option to
purchase additional shares.