From and after the Effective Date, the Reporting Persons, along with ABV, share voting and
dispositive control over the Shares. Jeffrey S. Skoll, as the indirect sole member of PSH, may be deemed to share the power to direct the voting or disposition of the Shares on behalf of PSH.
Neither the filing of this Schedule nor any of its contents shall be deemed to constitute an admission that PSH, Jeffrey S. Skoll or GWC are
or were, for any other purpose, the beneficial owners of any of the Shares.
Under the definition of beneficial ownership in
Rule
13d-3
under the Act, it is also possible that the individual general partners, executive officers, and members of the foregoing entities may be deemed the beneficial owners of some or all of
the Shares insofar as they may be deemed to share the power to direct the voting or disposition of the Shares. Neither the filing of this Schedule nor any of its contents shall be deemed to constitute an admission that any of such individuals is or
was, for any purpose, the beneficial owner of any of the Shares, and such beneficial ownership is expressly disclaimed.
The calculation
of percentage of beneficial ownership in response number 11 on each of pages 2 - 4 was derived from the Issuers Quarterly Report on Form
10-Q,
filed with the Securities and Exchange Commission (the
SEC) on May 13, 2016, in which the Issuer stated that the number of shares of its common stock outstanding as of May 13, 2016 was 341,405,545 shares of Common Stock.
Item 5.
|
Ownership of Five Percent or Less of a Class
|
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following ☐.
Item 6.
|
Ownership of More than Five Percent on Behalf of Another Person
|
Reference is hereby made to Item 4 of this Schedule, which Item is hereby incorporated by reference herein.
Item 7.
|
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the
Parent Holding Company or Control Person.
|
Not Applicable
Item 8.
|
Identification and Classification of Members of the Group
|
The Reporting Persons are filing this Schedule 13G jointly, but not as members of a group, and each expressly disclaims membership in a group.
Item 9.
|
Notice of Dissolution of a Group
|
Not Applicable
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held
for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than
activities solely in connection with a nomination under §
240.14a-11.
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