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Monday, January 05, 2015 7:37:16 PM
That 2.20 2MM shares block avoids us to reach a higher pps but at the same time helps us to consolidate a higher VWAP { (sss) “Volume Weighted Average Price” or “VWAP” per share of Common Stock means, on any Trading Day, the price per share of the Common Stock as displayed under the heading “Bloomberg VWAP” on Bloomberg (or any successor service) page WMIH US <Equity> AQR (or its equivalent successor if such page is not available) in respect of the period from the scheduled open to 4:00 p.m., New York City time, on such Trading Day; or, if such price is not available, the market value per share of Common Stock on such Trading Day as determined, using a volume-weighted average method, by a nationally recognized independent investment banking firm retained by the Corporation for such purpose, see http://www.sec.gov/Archives/edgar/data/933136/000119312515001790/d845621dex31.htm (beginning of page 6...) }
GL
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