| Schedule of common stock issued |
The following table presents information on shares of Newcastle’s common stock issued subsequent to its formation:
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Year |
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Shares Issued |
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Range of Issue
Prices (A)(B) |
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Net Proceeds
(millions) |
Formation - 2012 |
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28,754,274 |
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2013 |
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29,821,308 |
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$29.82 - $62.88 |
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$ |
1,262.6 |
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2014 |
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7,848,926 |
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$25.92 |
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$ |
197.9 |
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2015 (C) |
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230,090 |
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N/A |
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N/A |
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December 31, 2015 |
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66,654,598 |
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(A) |
Excludes prices of shares issued (i) pursuant to the exercise of options and (ii) as compensation to Newcastle’s independent directors. |
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(B) |
On May 15, 2013, Newcastle completed the spin-off of New Residential Investment Corp ("New Residential"). The May 15, 2013 closing price of Newcastle’s common stock on the NYSE was $73.98, and the opening price of Newcastle’s common stock on May 16, 2013 was $34.74. On February 13, 2014, Newcastle completed the spin-off of New Media Investment Group Inc. ("New Media"). The February 13, 2014 closing price of Newcastle's common stock was $34.50, and the opening price of Newcastle's common stock on February 14, 2014 was $29.88. On November 6, 2014, Newcastle completed the spin-off of New Senior Investment Group Inc. ("New Senior"). The November 6, 2014 closing price of Newcastle's common stock on the NYSE was $23.53, and the opening price of Newcastle's common stock on November 7, 2014 was $4.00.
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(C) |
All 2015 shares were issued (i) pursuant to the exercise of options and (ii) as compensation to Newcastle's independent directors. |
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