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deanna-hopkins

09/11/17 10:40 AM

#487239 RE: hotmeat #487236

If we sold our WMIH shares, but still have the preferred in escrow the WAMPQ.C1 is how they are listed in my Scottrade Account, are those the escrow shares? And what relationship do the escrow shares have with the WMIH shares? If someone sold thier WMIH shares will they still retain their escrowed WAMPQ.C1 shares as it appears to be in my account? What about Lehman Brothers? I have other shares that have an "ESC" with numbers before and after. THis is so confusing. Also, I use to hold commons in my USAA acct WAMUQ and they appear to have gone to Smurf-land and gotten a new ticker symbol as well. What's the deal? Are we to just wake up one day and have cash in our accounts?
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BBANBOB

09/11/17 11:03 AM

#487246 RE: hotmeat #487236

YEPPER SKIPPER


WMI LIQUIDATING TRUST
Form 8-K
August 1, 2012

Item 1.01 Amendment of a Material Definitive Agreement.
[Last indented paragraph, this section]

Annex C to the Agreement was revised to clarify that holders of Preferred Equity Interests and Common Equity Interests will be issued Liquidating Trust Interests in Tranche 6 on account of those interests when Tranche 2 through Tranche 5 Liquidating Trust Interests have been satisfied in full, and that the distribution to Tranche 6 will be shared 75% and 25% pro rata between claims on account of Preferred Equity Interests and Common Equity Interests, respectively.
https://www.sec.gov/Archives/edgar/data/933136/000090951812000255/mm08-0112_8k.htm
Settlement Agreement - https://www.fdic.gov/bank/individual/failed/wamu_dbntc_jpmc_fdic_settlement.pdf
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