| Schedule of two series of convertible preferred stock outstanding |
|
|
|
Series A |
|
Series B |
|
|
Date of issuance: |
|
June 17, 2004 |
|
October 8, 2004 |
|
|
Optionally redeemable beginning |
|
June 18, 2006 |
|
October 9, 2006 |
|
|
Par value (gross proceeds): |
|
$ |
2,500,000 |
|
$ |
400,000 |
|
|
Number of shares outstanding at December 2013: |
|
100,000 |
|
16,000 |
|
|
Liquidation preference per share: |
|
$ |
25.00 |
|
$ |
25.00 |
|
|
Conversion price per share: |
|
$ |
30.31 |
|
$ |
24.65 |
|
|
Number of common shares in which to be converted: |
|
82,481 |
|
16,227 |
|
|
Dividend rate: |
|
6.785 |
% |
6.37 |
% | |