UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

 

SCHEDULE 13D

 

 

Under the Securities Exchange Act of 1934
(Amendment No. 2)

 

SWS GROUP, INC.

(Name of Issuer)

 

Common Stock, par value $0.10 per share

(Title of Class of Securities)

 

78503N 10 7

(CUSIP Number)

 

Corey G. Prestidge

Hilltop Holdings Inc.

200 Crescent Court, Suite 1330

Dallas, Texas 75201

(214) 855-2177

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

November 16, 2011

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 



 

CUSIP No.   78503N 10 7

SCHEDULE 13D

 

 

 

1.

Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).

Hilltop Holdings Inc.  84-1477939

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Maryland

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
10,171,039 (a)

 

8.

Shared Voting Power
0

 

9.

Sole Dispositive Power
10,171,039 (a)

 

10.

Shared Dispositive Power
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
10,171,039 (a)

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
24.6% (b)

 

 

14.

Type of Reporting Person (See Instructions)
CO

 


(a)           Includes 8,695,652 shares of common stock that are acquirable upon the exercise of a warrant.  The warrant is exercisable at any time for five years from the date of original issuance, but will expire to the extent that SWS Group, Inc. prepays the loan made to it by Hilltop Holdings Inc. and the holder does not exercise a corresponding portion of the warrant.  The exercise price and number of shares of common stock acquirable upon exercise of the warrant is subject to adjustment as set forth in the warrant.

(b)           Based upon 32,605,973 shares of common stock of SWS Group, Inc. outstanding on November 25, 2011, as reported in a Prospectus dated and filed November 29, 2011.  Shares issuable pursuant to the warrant are treated as if outstanding for computing the percentage ownership of Hilltop Holdings Inc., but are not treated as outstanding for purposes of computing the percentage ownership of any other person.

 

1



 

CUSIP No.   78503N 10 7

SCHEDULE 13D

 

 

This Amendment No. 2 to Schedule 13D amends and supplements the Schedule 13D filed by Hilltop Holdings Inc. with the Securities and Exchange Commission (the “Commission”) on August 8, 2011, as amended and supplemented by Amendment No. 1 to Schedule 13D filed with the Commission on September 16, 2011 (as amended and supplemented, collectively, this “Statement” or this “Schedule 13D”), relating to the common stock, $0.10 par value per share, of SWS Group, Inc., a Delaware corporation.  Initially capitalized terms used herein that are not otherwise defined herein shall have the same meanings attributed to them in the Schedule 13D.  Except as expressly provided for herein, all Items of the Schedule 13D remain unchanged.

 

Item 1.

Security and Issuer

 

Item 1 is hereby amended and restated in its entirety to read as follows:

 

This Schedule 13D relates to 10,171,039 shares of common stock, $0.10 par value per share (the “Common Stock”), of SWS Group, Inc., a Delaware corporation (the “Company” or the “Issuer”).  This includes 8,695,652 shares of Common Stock (and, in some cases, the Company’s non-voting preferred stock, $1.00 par value per share (“Series A Preferred Stock”)) that are acquirable upon the exercise of a warrant issued to Hilltop Holdings Inc. by the Company.  The warrant is exercisable at any time for five years from the date of original issuance, but will expire to the extent that the Company prepays the loan made to it by Hilltop Holdings Inc. and the holder does not exercise a corresponding portion of the warrant.  The exercise price and number of shares of Common Stock acquirable upon exercise of the warrant is subject to adjustment as set forth in the warrant.  This description of the warrant does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text of the warrant, which is filed as Exhibit 99.2 to this Schedule 13D.

 

The Company’s principal executive office is located at 1201 Elm Street, Suite 3500, Dallas, Texas 75270.

 

Item 3.

Source and Amount of Funds or Other Consideration

 

Item 3 is hereby supplemented to read as follows:

 

From November 15, 2011 through November 25, 2011, the Reporting Person purchased 1,117,987 shares of Common Stock in the open market and through a block purchase for an aggregate cash purchase price of $5,949,977.  The Reporting Person made these purchases utilizing funds from its available working capital.

 

Item 5.

Interest in Securities of the Issuer

 

Item 5 is hereby amended and restated in its entirety to read as follows:

 

(a)           As of November 29, 2011, the Reporting Person was the beneficial owner of 10,171,039 shares of Common Stock, which represents 24.6% of the Common Stock.  This includes 8,695,652 shares of Common Stock (and, in some cases, the Series A Preferred Stock) that are acquirable upon the exercise of a warrant issued to the Reporting Person by the Company.  The warrant is exercisable at any time for five years from the date of original issuance, but will expire to the extent that the Company prepays the loan made to it by the Reporting Person and the holder does not exercise a corresponding portion of the warrant.  The exercise price and number of shares of Common Stock acquirable upon exercise of the warrant is subject to adjustment as set forth in the warrant.  Other than Mr. Gerald Ford’s direct ownership of 6,731 shares of Common Stock, to the best knowledge of the Reporting Person, none of the other Named Individuals beneficially owns any shares of Common Stock.  The foregoing reported percentage ownership is based upon 32,605,973 shares of Common Stock outstanding on November 25, 2011, as reported in the Prospectus filed and dated November 29, 2011.  Shares issuable pursuant to the warrant are treated as if outstanding for computing the percentage ownership of the Reporting Person, but are not treated as outstanding for purposes of computing the percentage ownership of any other person.

 

2



 

CUSIP No.   78503N 10 7

SCHEDULE 13D

 

 

(b)           Until shares of Common Stock are acquired upon exercise of the warrant (and, in some cases, conversion of the Series A Preferred Stock), those shares are not entitled to vote.  The Reporting Person has the sole power to vote, or to direct the vote of, and the sole power to dispose, or to direct the disposition of, the shares of Common Stock, the warrant and the shares of Common Stock acquirable upon exercise of the warrant (and, in some cases, the Series A Preferred Stock) reported in this Schedule 13D.  The Named Individuals may be deemed to have beneficial ownership of these securities.  The Named Individuals disclaim beneficial ownership of these securities, except to the extent of their respective pecuniary interests therein.

 

(c)           Except for the purchases of Common Stock set forth on Schedule A to this Schedule 13D and the grant of 6,731 shares of Common Stock to Mr. Gerald Ford by the Company for his service on the Board of Directors of the Company, the Reporting Person has not, and to the Reporting Person’s knowledge, without independent verification, none of the Named Individuals have, effected any transactions in the securities of the Company since the filing by the Reporting Person of the Amendment No. 1 to Schedule 13D on September 16, 2011.

 

(d)           Other than the Reporting Person, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities of the Issuer owned by the Reporting Person referred to in this Item 5.

 

(e)           Not applicable.

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

Date: November 30, 2011

HILLTOP HOLDINGS INC.,

 

a Maryland corporation

 

 

 

 

 

By:

/s/ COREY PRESTIDGE

 

Name:

Corey Prestidge

 

Title:

General Counsel

 

3



 

Schedule A

 

Transactions in Securities of SWS Group, Inc.

 

Since the filing of the Amendment No. 1 to Schedule 13D by Hilltop Holdings Inc. on September 16, 2011, Hilltop Holdings Inc. made the following open market purchases and a block purchase of SWS Group, Inc. common stock.

 

Date of Transaction

 

Number of Shares
Purchased

 

Price Per
Share

 

November 15, 2011

 

100

 

$

5.1500

 

November 15, 2011

 

92

 

$

5.1600

 

November 15, 2011

 

800

 

$

5.1700

 

November 15, 2011

 

100

 

$

5.1786

 

November 15, 2011

 

100

 

$

5.1796

 

November 15, 2011

 

100

 

$

5.1799

 

November 15, 2011

 

608

 

$

5.1800

 

November 15, 2011

 

200

 

$

5.1900

 

November 15, 2011

 

93

 

$

5.2000

 

November 15, 2011

 

100

 

$

5.2099

 

November 15, 2011

 

342

 

$

5.2100

 

November 15, 2011

 

601

 

$

5.2200

 

November 15, 2011

 

199

 

$

5.2300

 

November 15, 2011

 

200

 

$

5.2500

 

November 15, 2011

 

100

 

$

5.2588

 

November 15, 2011

 

165

 

$

5.2600

 

November 15, 2011

 

100

 

$

5.2886

 

November 15, 2011

 

200

 

$

5.2900

 

November 15, 2011

 

400

 

$

5.3100

 

November 15, 2011

 

300

 

$

5.3300

 

November 15, 2011

 

200

 

$

5.3400

 

November 15, 2011

 

100

 

$

5.3469

 

November 15, 2011

 

200

 

$

5.3500

 

November 15, 2011

 

100

 

$

5.3679

 

November 15, 2011

 

100

 

$

5.3680

 

November 15, 2011

 

364

 

$

5.3700

 

November 15, 2011

 

100

 

$

5.3750

 

November 15, 2011

 

100

 

$

5.3800

 

November 15, 2011

 

100

 

$

5.3879

 

November 15, 2011

 

100

 

$

5.3891

 

November 15, 2011

 

522

 

$

5.4000

 

November 15, 2011

 

200

 

$

5.4500

 

November 15, 2011

 

200

 

$

5.4592

 

November 15, 2011

 

100

 

$

5.4598

 

November 15, 2011

 

2,508

 

$

5.4600

 

November 15, 2011

 

100

 

$

5.4686

 

November 15, 2011

 

100

 

$

5.4695

 

November 15, 2011

 

3,006

 

$

5.4700

 

November 15, 2011

 

100

 

$

5.4786

 

 

A-1



 

Date of Transaction

 

Number of Shares
Purchased

 

Price Per
Share

 

November 15, 2011

 

100

 

$

5.4788

 

November 15, 2011

 

100

 

$

5.4796

 

November 15, 2011

 

500

 

$

5.4800

 

November 15, 2011

 

100

 

$

5.4850

 

November 15, 2011

 

100

 

$

5.4885

 

November 15, 2011

 

400

 

$

5.4900

 

November 15, 2011

 

500

 

$

5.5000

 

November 16, 2011

 

710,000

 

$

5.2750

 

November 16, 2011

 

201

 

$

5.2400

 

November 16, 2011

 

100

 

$

5.2500

 

November 16, 2011

 

194

 

$

5.2600

 

November 16, 2011

 

599

 

$

5.2800

 

November 16, 2011

 

400

 

$

5.2900

 

November 16, 2011

 

450

 

$

5.3100

 

November 16, 2011

 

100

 

$

5.3298

 

November 16, 2011

 

100

 

$

5.3300

 

November 16, 2011

 

100

 

$

5.3393

 

November 16, 2011

 

300

 

$

5.3500

 

November 16, 2011

 

300

 

$

5.3600

 

November 16, 2011

 

100

 

$

5.3675

 

November 16, 2011

 

100

 

$

5.3688

 

November 16, 2011

 

100

 

$

5.3700

 

November 16, 2011

 

100

 

$

5.3780

 

November 16, 2011

 

100

 

$

5.3787

 

November 16, 2011

 

750

 

$

5.3800

 

November 16, 2011

 

100

 

$

5.3889

 

November 16, 2011

 

400

 

$

5.3900

 

November 16, 2011

 

3

 

$

5.4000

 

November 16, 2011

 

400

 

$

5.4000

 

November 16, 2011

 

100

 

$

5.4084

 

November 16, 2011

 

100

 

$

5.4091

 

November 16, 2011

 

100

 

$

5.4098

 

November 16, 2011

 

100

 

$

5.4100

 

November 16, 2011

 

800

 

$

5.4100

 

November 16, 2011

 

397

 

$

5.4200

 

November 16, 2011

 

519

 

$

5.4300

 

November 16, 2011

 

1,600

 

$

5.4300

 

November 16, 2011

 

100

 

$

5.4373

 

November 16, 2011

 

300

 

$

5.4400

 

November 16, 2011

 

200

 

$

5.4400

 

November 16, 2011

 

100

 

$

5.4497

 

November 16, 2011

 

313

 

$

5.4500

 

November 16, 2011

 

303

 

$

5.4500

 

November 16, 2011

 

100

 

$

5.4589

 

November 16, 2011

 

100

 

$

5.4590

 

November 16, 2011

 

105

 

$

5.4600

 

 

A-2



 

Date of Transaction

 

Number of Shares
Purchased

 

Price Per
Share

 

November 16, 2011

 

2,159

 

$

5.4600

 

November 16, 2011

 

100

 

$

5.4673

 

November 16, 2011

 

100

 

$

5.4687

 

November 16, 2011

 

369

 

$

5.4700

 

November 16, 2011

 

1,338

 

$

5.4700

 

November 16, 2011

 

100

 

$

5.4787

 

November 16, 2011

 

300

 

$

5.4800

 

November 16, 2011

 

1,300

 

$

5.4800

 

November 16, 2011

 

94

 

$

5.4883

 

November 16, 2011

 

100

 

$

5.4884

 

November 16, 2011

 

100

 

$

5.4887

 

November 16, 2011

 

100

 

$

5.4889

 

November 16, 2011

 

1,264

 

$

5.4900

 

November 16, 2011

 

100

 

$

5.4974

 

November 16, 2011

 

100

 

$

5.4980

 

November 16, 2011

 

100

 

$

5.4981

 

November 16, 2011

 

100

 

$

5.4999

 

November 16, 2011

 

1,242

 

$

5.5000

 

November 17, 2011

 

399

 

$

5.4500

 

November 17, 2011

 

100

 

$

5.4489

 

November 17, 2011

 

100

 

$

5.4483

 

November 17, 2011

 

100

 

$

5.4475

 

November 17, 2011

 

400

 

$

5.4400

 

November 17, 2011

 

96

 

$

5.4385

 

November 17, 2011

 

100

 

$

5.4380

 

November 17, 2011

 

400

 

$

5.4300

 

November 17, 2011

 

605

 

$

5.4200

 

November 17, 2011

 

100

 

$

5.4194

 

November 17, 2011

 

300

 

$

5.4000

 

November 17, 2011

 

100

 

$

5.3900

 

November 17, 2011

 

1,000

 

$

5.3800

 

November 17, 2011

 

100

 

$

5.3783

 

November 17, 2011

 

1,577

 

$

5.3700

 

November 17, 2011

 

600

 

$

5.3600

 

November 17, 2011

 

100

 

$

5.3596

 

November 17, 2011

 

100

 

$

5.3595

 

November 17, 2011

 

823

 

$

5.3500

 

November 17, 2011

 

100

 

$

5.3493

 

November 17, 2011

 

100

 

$

5.3450

 

November 17, 2011

 

100

 

$

5.3400

 

November 17, 2011

 

100

 

$

5.3300

 

November 17, 2011

 

400

 

$

5.3100

 

November 17, 2011

 

100

 

$

5.3099

 

November 17, 2011

 

100

 

$

5.3097

 

November 17, 2011

 

6

 

$

5.3000

 

November 17, 2011

 

300

 

$

5.2900

 

 

A-3



 

Date of Transaction

 

Number of Shares
Purchased

 

Price Per
Share

 

November 17, 2011

 

100

 

$

5.2899

 

November 17, 2011

 

858

 

$

5.2800

 

November 17, 2011

 

100

 

$

5.2799

 

November 17, 2011

 

700

 

$

5.2700

 

November 17, 2011

 

100

 

$

5.2699

 

November 17, 2011

 

100

 

$

5.2696

 

November 17, 2011

 

1,436

 

$

5.2600

 

November 17, 2011

 

100

 

$

5.2580

 

November 17, 2011

 

300

 

$

5.2500

 

November 17, 2011

 

298

 

$

5.2400

 

November 17, 2011

 

100

 

$

5.2300

 

November 17, 2011

 

300

 

$

5.2200

 

November 17, 2011

 

1,671

 

$

5.2100

 

November 17, 2011

 

100

 

$

5.2099

 

November 17, 2011

 

100

 

$

5.2096

 

November 17, 2011

 

1,206

 

$

5.2000

 

November 17, 2011

 

100

 

$

5.1994

 

November 17, 2011

 

100

 

$

5.1992

 

November 17, 2011

 

100

 

$

5.1990

 

November 17, 2011

 

100

 

$

5.1989

 

November 17, 2011

 

100

 

$

5.1981

 

November 17, 2011

 

100

 

$

5.1977

 

November 17, 2011

 

1,301

 

$

5.1900

 

November 17, 2011

 

100

 

$

5.1891

 

November 17, 2011

 

2,167

 

$

5.1800

 

November 17, 2011

 

100

 

$

5.1799

 

November 17, 2011

 

1,635

 

$

5.1700

 

November 17, 2011

 

100

 

$

5.1683

 

November 17, 2011

 

100

 

$

5.1678

 

November 17, 2011

 

1,222

 

$

5.1600

 

November 17, 2011

 

100

 

$

5.1599

 

November 17, 2011

 

100

 

$

5.1596

 

November 17, 2011

 

300

 

$

5.1500

 

November 18, 2011

 

39,124

 

$

5.5000

 

November 18, 2011

 

100

 

$

5.4994

 

November 18, 2011

 

100

 

$

5.4985

 

November 18, 2011

 

100

 

$

5.4981

 

November 18, 2011

 

100

 

$

5.4980

 

November 18, 2011

 

1,400

 

$

5.4975

 

November 18, 2011

 

200

 

$

5.4950

 

November 18, 2011

 

976

 

$

5.4900

 

November 18, 2011

 

800

 

$

5.4800

 

November 18, 2011

 

100

 

$

5.4798

 

November 18, 2011

 

100

 

$

5.4792

 

November 18, 2011

 

300

 

$

5.4775

 

November 18, 2011

 

200

 

$

5.4750

 

 

A-4



 

Date of Transaction

 

Number of Shares
Purchased

 

Price Per
Share

 

November 18, 2011

 

1,100

 

$

5.4700

 

November 18, 2011

 

100

 

$

5.4692

 

November 18, 2011

 

100

 

$

5.4667

 

November 18, 2011

 

300

 

$

5.4600

 

November 18, 2011

 

400

 

$

5.4500

 

November 18, 2011

 

100

 

$

5.4497

 

November 18, 2011

 

100

 

$

5.4493

 

November 18, 2011

 

400

 

$

5.4400

 

November 18, 2011

 

100

 

$

5.4393

 

November 18, 2011

 

1,200

 

$

5.4300

 

November 18, 2011

 

100

 

$

5.4291

 

November 18, 2011

 

100

 

$

5.4284

 

November 18, 2011

 

400

 

$

5.4200

 

November 18, 2011

 

100

 

$

5.4074

 

November 18, 2011

 

500

 

$

5.4000

 

November 18, 2011

 

100

 

$

5.3800

 

November 18, 2011

 

100

 

$

5.3300

 

November 18, 2011

 

100

 

$

5.2600

 

November 18, 2011

 

1,000

 

$

5.2300

 

November 21, 2011

 

3,278

 

$

5.5000

 

November 21, 2011

 

100

 

$

5.4997

 

November 21, 2011

 

100

 

$

5.4994

 

November 21, 2011

 

100

 

$

5.4991

 

November 21, 2011

 

100

 

$

5.4989

 

November 21, 2011

 

100

 

$

5.4988

 

November 21, 2011

 

100

 

$

5.4987

 

November 21, 2011

 

100

 

$

5.4986

 

November 21, 2011

 

100

 

$

5.4985

 

November 21, 2011

 

100

 

$

5.4982

 

November 21, 2011

 

300

 

$

5.4975

 

November 21, 2011

 

8,027

 

$

5.4900

 

November 21, 2011

 

400

 

$

5.4899

 

November 21, 2011

 

100

 

$

5.4897

 

November 21, 2011

 

100

 

$

5.4891

 

November 21, 2011

 

200

 

$

5.4890

 

November 21, 2011

 

100

 

$

5.4886

 

November 21, 2011

 

100

 

$

5.4882

 

November 21, 2011

 

100

 

$

5.4880

 

November 21, 2011

 

100

 

$

5.4879

 

November 21, 2011

 

100

 

$

5.4871

 

November 21, 2011

 

6,036

 

$

5.4800

 

November 21, 2011

 

100

 

$

5.4799

 

November 21, 2011

 

100

 

$

5.4798

 

November 21, 2011

 

200

 

$

5.4797

 

November 21, 2011

 

100

 

$

5.4795

 

November 21, 2011

 

300

 

$

5.4794

 

 

A-5



 

Date of Transaction

 

Number of Shares
Purchased

 

Price Per
Share

 

November 21, 2011

 

100

 

$

5.4788

 

November 21, 2011

 

100

 

$

5.4786

 

November 21, 2011

 

100

 

$

5.4785

 

November 21, 2011

 

100

 

$

5.4784

 

November 21, 2011

 

100

 

$

5.4750

 

November 21, 2011

 

6,163

 

$

5.4700

 

November 21, 2011

 

100

 

$

5.4699

 

November 21, 2011

 

100

 

$

5.4697

 

November 21, 2011

 

100

 

$

5.4691

 

November 21, 2011

 

100

 

$

5.4690

 

November 21, 2011

 

100

 

$

5.4689

 

November 21, 2011

 

200

 

$

5.4685

 

November 21, 2011

 

100

 

$

5.4681

 

November 21, 2011

 

100

 

$

5.4675

 

November 21, 2011

 

5,596

 

$

5.4600

 

November 21, 2011

 

100

 

$

5.4599

 

November 21, 2011

 

100

 

$

5.4598

 

November 21, 2011

 

200

 

$

5.4597

 

November 21, 2011

 

100

 

$

5.4595

 

November 21, 2011

 

100

 

$

5.4589

 

November 21, 2011

 

200

 

$

5.4586

 

November 21, 2011

 

100

 

$

5.4582

 

November 21, 2011

 

800

 

$

5.4550

 

November 21, 2011

 

4,797

 

$

5.4500

 

November 21, 2011

 

100

 

$

5.4495

 

November 21, 2011

 

200

 

$

5.4492

 

November 21, 2011

 

200

 

$

5.4490

 

November 21, 2011

 

100

 

$

5.4478

 

November 21, 2011

 

3,300

 

$

5.4400

 

November 21, 2011

 

100

 

$

5.4397

 

November 21, 2011

 

100

 

$

5.4371

 

November 21, 2011

 

100

 

$

5.4325

 

November 21, 2011

 

500

 

$

5.4300

 

November 21, 2011

 

200

 

$

5.4200

 

November 21, 2011

 

800

 

$

5.4100

 

November 21, 2011

 

200

 

$

5.4000

 

November 21, 2011

 

100

 

$

5.3900

 

November 21, 2011

 

3

 

$

5.3700

 

November 22, 2011

 

100

 

$

5.4100

 

November 22, 2011

 

900

 

$

5.4200

 

November 22, 2011

 

100

 

$

5.4296

 

November 22, 2011

 

1,200

 

$

5.4300

 

November 22, 2011

 

200

 

$

5.4350

 

November 22, 2011

 

100

 

$

5.4383

 

November 22, 2011

 

100

 

$

5.4391

 

November 22, 2011

 

100

 

$

5.4394

 

 

A-6



 

Date of Transaction

 

Number of Shares
Purchased

 

Price Per
Share

 

November 22, 2011

 

100

 

$

5.4397

 

November 22, 2011

 

100

 

$

5.4398

 

November 22, 2011

 

2,500

 

$

5.4400

 

November 22, 2011

 

5,637

 

$

5.4400

 

November 22, 2011

 

100

 

$

5.4450

 

November 22, 2011

 

900

 

$

5.4450

 

November 22, 2011

 

100

 

$

5.4475

 

November 22, 2011

 

100

 

$

5.4490

 

November 22, 2011

 

200

 

$

5.4497

 

November 22, 2011

 

2,900

 

$

5.4500

 

November 22, 2011

 

6,550

 

$

5.4500

 

November 22, 2011

 

400

 

$

5.4525

 

November 22, 2011

 

100

 

$

5.4550

 

November 22, 2011

 

100

 

$

5.4550

 

November 22, 2011

 

100

 

$

5.4585

 

November 22, 2011

 

200

 

$

5.4586

 

November 22, 2011

 

100

 

$

5.4587

 

November 22, 2011

 

100

 

$

5.4588

 

November 22, 2011

 

200

 

$

5.4590

 

November 22, 2011

 

100

 

$

5.4594

 

November 22, 2011

 

100

 

$

5.4595

 

November 22, 2011

 

100

 

$

5.4599

 

November 22, 2011

 

2,258

 

$

5.4600

 

November 22, 2011

 

9,830

 

$

5.4600

 

November 22, 2011

 

200

 

$

5.4650

 

November 22, 2011

 

700

 

$

5.4650

 

November 22, 2011

 

100

 

$

5.4675

 

November 22, 2011

 

100

 

$

5.4683

 

November 22, 2011

 

100

 

$

5.4686

 

November 22, 2011

 

100

 

$

5.4691

 

November 22, 2011

 

7,105

 

$

5.4700

 

November 22, 2011

 

5,883

 

$

5.4700

 

November 22, 2011

 

200

 

$

5.4725

 

November 22, 2011

 

4,600

 

$

5.4750

 

November 22, 2011

 

100

 

$

5.4768

 

November 22, 2011

 

100

 

$

5.4775

 

November 22, 2011

 

100

 

$

5.4778

 

November 22, 2011

 

100

 

$

5.4780

 

November 22, 2011

 

100

 

$

5.4782

 

November 22, 2011

 

100

 

$

5.4786

 

November 22, 2011

 

100

 

$

5.4792

 

November 22, 2011

 

200

 

$

5.4797

 

November 22, 2011

 

100

 

$

5.4799

 

November 22, 2011

 

9,692

 

$

5.4800

 

November 22, 2011

 

1,400

 

$

5.4800

 

November 22, 2011

 

100

 

$

5.4850

 

 

A-7



 

Date of Transaction

 

Number of Shares
Purchased

 

Price Per
Share

 

November 22, 2011

 

100

 

$

5.4882

 

November 22, 2011

 

200

 

$

5.4888

 

November 22, 2011

 

100

 

$

5.4889

 

November 22, 2011

 

100

 

$

5.4891

 

November 22, 2011

 

100

 

$

5.4895

 

November 22, 2011

 

8,070

 

$

5.4900

 

November 22, 2011

 

3,100

 

$

5.4900

 

November 22, 2011

 

200

 

$

5.4950

 

November 22, 2011

 

900

 

$

5.4950

 

November 22, 2011

 

100

 

$

5.4972

 

November 22, 2011

 

100

 

$

5.4983

 

November 22, 2011

 

100

 

$

5.4987

 

November 22, 2011

 

100

 

$

5.4991

 

November 22, 2011

 

100

 

$

5.4994

 

November 22, 2011

 

200

 

$

5.4996

 

November 22, 2011

 

100

 

$

5.4997

 

November 22, 2011

 

100

 

$

5.4999

 

November 22, 2011

 

9,875

 

$

5.5000

 

November 22, 2011

 

9,400

 

$

5.5000

 

November 23, 2011

 

2,381

 

$

5.5000

 

November 23, 2011

 

100

 

$

5.4996

 

November 23, 2011

 

800

 

$

5.4900

 

November 23, 2011

 

100

 

$

5.4895

 

November 23, 2011

 

100

 

$

5.4892

 

November 23, 2011

 

100

 

$

5.4891

 

November 23, 2011

 

100

 

$

5.4882

 

November 23, 2011

 

1,342

 

$

5.4800

 

November 23, 2011

 

200

 

$

5.4796

 

November 23, 2011

 

100

 

$

5.4795

 

November 23, 2011

 

100

 

$

5.4781

 

November 23, 2011

 

100

 

$

5.4773

 

November 23, 2011

 

200

 

$

5.4725

 

November 23, 2011

 

377

 

$

5.4700

 

November 23, 2011

 

100

 

$

5.4600

 

November 23, 2011

 

200

 

$

5.4500

 

November 23, 2011

 

600

 

$

5.4400

 

November 23, 2011

 

200

 

$

5.4392

 

November 23, 2011

 

100

 

$

5.4388

 

November 23, 2011

 

100

 

$

5.4386

 

November 23, 2011

 

3,045

 

$

5.4300

 

November 23, 2011

 

200

 

$

5.4298

 

November 23, 2011

 

41

 

$

5.4297

 

November 23, 2011

 

100

 

$

5.4296

 

November 23, 2011

 

700

 

$

5.4275

 

November 23, 2011

 

400

 

$

5.4250

 

November 23, 2011

 

8,512

 

$

5.4200

 

 

A-8



 

Date of Transaction

 

Number of Shares
Purchased

 

Price Per
Share

 

November 23, 2011

 

100

 

$

5.4193

 

November 23, 2011

 

2,000

 

$

5.4175

 

November 23, 2011

 

600

 

$

5.4150

 

November 23, 2011

 

5,002

 

$

5.4100

 

November 23, 2011

 

100

 

$

5.4097

 

November 23, 2011

 

200

 

$

5.4096

 

November 23, 2011

 

100

 

$

5.4088

 

November 23, 2011

 

1,000

 

$

5.4075

 

November 23, 2011

 

300

 

$

5.4050

 

November 23, 2011

 

100

 

$

5.4025

 

November 23, 2011

 

2,100

 

$

5.4000

 

November 23, 2011

 

100

 

$

5.3994

 

November 23, 2011

 

700

 

$

5.3900

 

November 23, 2011

 

200

 

$

5.3899

 

November 23, 2011

 

100

 

$

5.3877

 

November 23, 2011

 

200

 

$

5.3850

 

November 23, 2011

 

1,100

 

$

5.3800

 

November 23, 2011

 

100

 

$

5.3796

 

November 23, 2011

 

400

 

$

5.3700

 

November 23, 2011

 

100

 

$

5.3696

 

November 23, 2011

 

600

 

$

5.3650

 

November 23, 2011

 

3,451

 

$

5.3600

 

November 23, 2011

 

200

 

$

5.3599

 

November 23, 2011

 

100

 

$

5.3597

 

November 23, 2011

 

100

 

$

5.3596

 

November 23, 2011

 

500

 

$

5.3575

 

November 23, 2011

 

2,131

 

$

5.3500

 

November 23, 2011

 

100

 

$

5.3497

 

November 23, 2011

 

200

 

$

5.3475

 

November 23, 2011

 

18

 

$

5.3450

 

November 23, 2011

 

200

 

$

5.3400

 

November 23, 2011

 

100

 

$

5.3300

 

November 23, 2011

 

300

 

$

5.3200

 

November 23, 2011

 

100

 

$

5.3150

 

November 23, 2011

 

320

 

$

5.3100

 

November 23, 2011

 

100

 

$

5.3077

 

November 23, 2011

 

480

 

$

5.3000

 

November 23, 2011

 

100

 

$

5.2994

 

November 23, 2011

 

500

 

$

5.2950

 

November 23, 2011

 

100

 

$

5.2895

 

November 23, 2011

 

400

 

$

5.2800

 

November 23, 2011

 

100

 

$

5.2796

 

November 23, 2011

 

100

 

$

5.2775

 

November 23, 2011

 

1,000

 

$

5.2700

 

November 23, 2011

 

100

 

$

5.2696

 

November 23, 2011

 

100

 

$

5.2690

 

 

A-9



 

Date of Transaction

 

Number of Shares
Purchased

 

Price Per
Share

 

November 23, 2011

 

100

 

$

5.2687

 

November 23, 2011

 

200

 

$

5.2675

 

November 23, 2011

 

1,100

 

$

5.2600

 

November 23, 2011

 

100

 

$

5.2596

 

November 23, 2011

 

1,000

 

$

5.2575

 

November 23, 2011

 

8,442

 

$

5.2500

 

November 23, 2011

 

3,200

 

$

5.2400

 

November 23, 2011

 

100

 

$

5.2399

 

November 23, 2011

 

100

 

$

5.2398

 

November 23, 2011

 

100

 

$

5.2395

 

November 23, 2011

 

100

 

$

5.2392

 

November 23, 2011

 

100

 

$

5.2388

 

November 23, 2011

 

180

 

$

5.2350

 

November 23, 2011

 

100

 

$

5.2325

 

November 23, 2011

 

10,340

 

$

5.2300

 

November 23, 2011

 

200

 

$

5.2299

 

November 23, 2011

 

200

 

$

5.2298

 

November 23, 2011

 

200

 

$

5.2297

 

November 23, 2011

 

100

 

$

5.2295

 

November 23, 2011

 

100

 

$

5.2291

 

November 23, 2011

 

200

 

$

5.2287

 

November 23, 2011

 

100

 

$

5.2285

 

November 23, 2011

 

100

 

$

5.2284

 

November 23, 2011

 

100

 

$

5.2282

 

November 23, 2011

 

100

 

$

5.2279

 

November 23, 2011

 

500

 

$

5.2275

 

November 23, 2011

 

100

 

$

5.2274

 

November 23, 2011

 

300

 

$

5.2250

 

November 23, 2011

 

6,880

 

$

5.2200

 

November 23, 2011

 

100

 

$

5.2199

 

November 23, 2011

 

100

 

$

5.2198

 

November 23, 2011

 

100

 

$

5.2190

 

November 23, 2011

 

100

 

$

5.2175

 

November 23, 2011

 

6,700

 

$

5.2100

 

November 23, 2011

 

200

 

$

5.2097

 

November 23, 2011

 

100

 

$

5.2096

 

November 23, 2011

 

800

 

$

5.2000

 

November 23, 2011

 

100

 

$

5.1997

 

November 23, 2011

 

200

 

$

5.1900

 

November 23, 2011

 

300

 

$

5.1800

 

November 23, 2011

 

300

 

$

5.1700

 

November 23, 2011

 

300

 

$

5.1600

 

November 25, 2011

 

4,100

 

$

5.2500

 

November 25, 2011

 

100

 

$

5.2900

 

November 25, 2011

 

1,561

 

$

5.2900

 

November 25, 2011

 

100

 

$

5.2990

 

 

A-10



 

Date of Transaction

 

Number of Shares
Purchased

 

Price Per
Share

 

November 25, 2011

 

1,000

 

$

5.3000

 

November 25, 2011

 

200

 

$

5.3000

 

November 25, 2011

 

3,162

 

$

5.3100

 

November 25, 2011

 

1,588

 

$

5.3100

 

November 25, 2011

 

100

 

$

5.3185

 

November 25, 2011

 

100

 

$

5.3191

 

November 25, 2011

 

100

 

$

5.3197

 

November 25, 2011

 

100

 

$

5.3198

 

November 25, 2011

 

2,549

 

$

5.3200

 

November 25, 2011

 

523

 

$

5.3200

 

November 25, 2011

 

100

 

$

5.3291

 

November 25, 2011

 

100

 

$

5.3292

 

November 25, 2011

 

8,627

 

$

5.3300

 

November 25, 2011

 

100

 

$

5.3377

 

November 25, 2011

 

720

 

$

5.3400

 

November 25, 2011

 

400

 

$

5.3400

 

November 25, 2011

 

100

 

$

5.3498

 

November 25, 2011

 

1,188

 

$

5.3500

 

November 25, 2011

 

23,373

 

$

5.3500

 

November 25, 2011

 

100

 

$

5.3584

 

November 25, 2011

 

100

 

$

5.3591

 

November 25, 2011

 

100

 

$

5.3597

 

November 25, 2011

 

1,112

 

$

5.3600

 

November 25, 2011

 

100

 

$

5.3694

 

November 25, 2011

 

442

 

$

5.3700

 

November 25, 2011

 

100

 

$

5.3792

 

November 25, 2011

 

600

 

$

5.3800

 

November 25, 2011

 

100

 

$

5.3892

 

November 25, 2011

 

300

 

$

5.3900

 

November 25, 2011

 

126

 

$

5.4000

 

November 25, 2011

 

300

 

$

5.4100

 

November 25, 2011

 

461

 

$

5.4200

 

November 25, 2011

 

153

 

$

5.4300

 

November 25, 2011

 

100

 

$

5.4383

 

November 25, 2011

 

100

 

$

5.4389

 

November 25, 2011

 

1,983

 

$

5.4400

 

November 25, 2011

 

100

 

$

5.4500

 

November 25, 2011

 

1,200

 

$

5.4600

 

November 25, 2011

 

100

 

$

5.4698

 

November 25, 2011

 

1,900

 

$

5.4700

 

November 25, 2011

 

100

 

$

5.4779

 

November 25, 2011

 

100

 

$

5.4782

 

November 25, 2011

 

877

 

$

5.4800

 

November 25, 2011

 

100

 

$

5.4890

 

November 25, 2011

 

100

 

$

5.4892

 

November 25, 2011

 

100

 

$

5.4893

 

 

A-11



 

Date of Transaction

 

Number of Shares
Purchased

 

Price Per
Share

 

November 25, 2011

 

100

 

$

5.4895

 

November 25, 2011

 

2,100

 

$

5.4900

 

Total

 

1,117,987

 

 

 

 

A-12