Hercules Offshore Inc (fka HEROQ)

[SATELLITE]

Thank You, I went to Hercules website and copied this so simple minded ppl (like me) could understand..
http://www.herculesoffshore.com/documents/HerculesFAQsFilingNov6-2015.pdf

How much New Common Stock will I receive?
Existing stockholders will receive one share of New Common Stock for approximately every 269 shares of existing stock. Said another way, for every 1,000 shares of existing common stock existing stockholders will receive approximately 3.72 shares of New Common Stock.
In addition, for every 1,000 shares of existing common stock stockholders will receive warrants to purchase approximately 30.01 shares of New Common Stock at a strike price of approximately $70.50 per share as more fully described in the Warrant Agreement.
Under the terms of our Plan, distribution of New Common Stock and warrants will be rounded to the nearest whole share with half shares or warrants or less being rounded down and fractions in excess of half of a share or warrant being rounded up. The New Common Stock calculation for holders with less than 134 existing shares will round to zero and these holders are not expected to receive a distribution of New Common Stock. The Warrant calculation for holders with less than 16 existing shares will round to zero and these holders are not expected to receive a distribution of Warrants. Please refer to the Plan for full details.