13D Filing: Brigade Capital and Kindred Healthcare Inc (KND)

Kindred Healthcare Inc (NYSE:KND): Don Morgan’s Brigade Capital filed an amended 13D.

You can check out Brigade Capital’s latest holdings and filings here.

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Don Morgan
Don Morgan
Brigade Capital

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Brigade Capital Management 0 5,190,306 0 5,190,306 5,190,306 5.97%
Brigade Capital Management GP 0 5,190,306 0 5,190,306 5,190,306 5.97%
Brigade Leveraged Capital Structures Fund Ltd. ( 0 4,631,735 0 4,631,735 4,631,735 5.33%
Brigade Distressed Value Master Fund Ltd. ( 0 510,571 0 510,571 510,571 0.59%
Tasman Fund 0 0 0 0 0 0.0%
Brigade Cavalry Fund Ltd. ( 0 48,000 0 48,000 48,000 0.06%
Donald E. Morgan, III 0 5,190,306 0 5,190,306 5,190,306 5.97%
Don Morgan
Don Morgan
Brigade Capital

Page 1 of 14 – SEC Filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act
of 1934

(Amendment No. 1 )*

KINDRED HEALTHCARE, INC.

(Name of Issuer)

Common Stock, $0.25 par value per
share

(Title of Class of Securities)

 

494580103

(CUSIP Number)

 

Aaron Michael Daniels, Esq.

Brigade Capital Management, LP

399 Park Ave, 16th Floor

New York, NY 10022

(212) 745-9700

with a copy to:

Steven E. Siesser, Esq.

Lawrence M. Rolnick, Esq.

Lowenstein Sandler LLP

1251 Avenue of the Americas, 17th Floor

New York, New York 10020

(212) 204-8688

 

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

February 1, 2018

(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. ¨

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).

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Page 2 of 14 – SEC Filing

CUSIP No. 494580103

1.

Names of Reporting Persons.

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

Brigade Capital Management, LP (I.R.S. Identification No.
20-4895879)

2.

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

(a) ¨ (b)
x

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) ¨

N/A

6.

Citizenship or Place of Organization

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

7.

Sole Voting Power

0

8.

Shared Voting Power

5,190,306

9.

Sole Dispositive Power

0

10.

Shared Dispositive Power

5,190,306

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

5,190,306

12.

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

 ☐

13.

Percent of Class Represented by Amount in Row (11)

5.97%*

14.

Type of Reporting Person

PN, IA

*Based on a total of 86,932,592 shares of Common
Stock outstanding as of October 31, 2017, as set forth in the Issuer’s most recent Form 10-Q, filed November 6, 2017. Includes
3,531,735 shares of Common Stock owned by Brigade Leveraged Capital Structures Fund Ltd. (“LCS”), 510,571 shares of Common
Stock owned by Brigade Distressed Value Master Fund Ltd., 48,000 shares of Common Stock owned by Brigade Cavalry Fund Ltd.and 1,100,000
shares of Common Stock issuable to LCS upon the exercise of the call options described in Item 5 of the Schedule 13D (as defined
below).

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Page 3 of 14 – SEC Filing

CUSIP No. 494580103

1.

Names of Reporting Persons.

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

Brigade Capital Management GP, LLC

2.

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

(a) ¨ (b)
x

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) ¨

N/A

6.

Citizenship or Place of Organization

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

7.

Sole Voting Power

0

8.

Shared Voting Power

5,190,306

9.

Sole Dispositive Power

0

10.

Shared Dispositive Power

5,190,306

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

5,190,306

12.

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

 ☐

13.

Percent of Class Represented by Amount in Row (11)

5.97%*

14.

Type of Reporting Person

OO, HC

*Based on a total of 86,932,592 shares of Common
Stock outstanding as of October 31, 2017, as set forth in the Issuer’s most recent Form 10-Q, filed November 6, 2017. Includes
3,531,735 shares of Common Stock owned by Brigade Leveraged Capital Structures Fund Ltd. (“LCS”), 510,571 shares of Common
Stock owned by Brigade Distressed Value Master Fund Ltd., 48,000 shares of Common Stock owned by Brigade Cavalry Fund Ltd.and 1,100,000
shares of Common Stock issuable to LCS upon the exercise of the call options described in Item 5 of the Schedule 13D (as defined
below).

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Page 4 of 14 – SEC Filing

CUSIP No. 494580103

1.

Names of Reporting Persons.

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

Brigade Leveraged Capital Structures Fund Ltd. (I.R.S. Identification
No. 98-0513519)

2.

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

(a) ¨ (b)
x

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) ¨

N/A

6.

Citizenship or Place of Organization

Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

7.

Sole Voting Power

0

8.

Shared Voting Power

4,631,735

9.

Sole Dispositive Power

0

10.

Shared Dispositive Power

4,631,735

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

4,631,735

12.

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

¨

13.

Percent of Class Represented by Amount in Row (11)

5.33%*

14.

Type of Reporting Person

CO

*Based on a total of 86,932,592 shares of Common
Stock outstanding as of October 31, 2017, as set forth in the Issuer’s most recent Form 10-Q, filed November 6, 2017. Includes
3,531,735 shares of Common Stock owned by Brigade Leveraged Capital Structures Fund Ltd. (“LCS”), 510,571 shares of Common
Stock owned by Brigade Distressed Value Master Fund Ltd., 48,000 shares of Common Stock owned by Brigade Cavalry Fund Ltd. and
1,100,000 shares of Common Stock issuable to LCS upon the exercise of the call options described in Item 5 of the Schedule 13D
(as defined below).

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Page 5 of 14 – SEC Filing

CUSIP No. 494580103

1.

Names of Reporting Persons.

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

Brigade Distressed Value Master Fund Ltd. (I.R.S. Identification
No. 98-0682414)

2.

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

(a) ¨ (b)
x

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) ¨

N/A

6.

Citizenship or Place of Organization

Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

7.

Sole Voting Power

0

8.

Shared Voting Power

510,571

9.

Sole Dispositive Power

0

10.

Shared Dispositive Power

510,571

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

510,571

12.

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

¨

13.

Percent of Class Represented by Amount in Row (11)

0.59% *

14.

Type of Reporting Person

CO

*Based on a total of 86,932,592 shares of Common
Stock outstanding as of October 31, 2017, as set forth in the Issuer’s most recent Form 10-Q, filed November 6, 2017. Includes
3,531,735 shares of Common Stock owned by Brigade Leveraged Capital Structures Fund Ltd. (“LCS”), 510,571 shares of Common
Stock owned by Brigade Distressed Value Master Fund Ltd., 48,000 shares of Common Stock owned by Brigade Cavalry Fund Ltd. and
1,100,000 shares of Common Stock issuable to LCS upon the exercise of the call options described in Item 5 of the Schedule 13D
(as defined below).

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Page 6 of 14 – SEC Filing

CUSIP No. 494580103

1.

Names of Reporting Persons.

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

Tasman Fund LP (I.R.S. Identification No. 36-4725474)

2.

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

(a) ¨ (b)
x

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) ¨

N/A

6.

Citizenship or Place of Organization

Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

7.

Sole Voting Power

0

8.

Shared Voting Power

0

9.

Sole Dispositive Power

0

10.

Shared Dispositive Power

0

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

0

12.

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

¨

13.

Percent of Class Represented by Amount in Row (11)

0.0% *

14.

Type of Reporting Person

PN

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Page 7 of 14 – SEC Filing

CUSIP No. 494580103

1.

Names of Reporting Persons.

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

Brigade Cavalry Fund Ltd. (I.R.S. Identification No. 98-1401173)

2.

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

(a) ¨ (b)
x

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) ¨

N/A

6.

Citizenship or Place of Organization

Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

7.

Sole Voting Power

0

8.

Shared Voting Power

48,000

9.

Sole Dispositive Power

0

10.

Shared Dispositive Power

48,000

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

48,000

12.

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

¨

13.

Percent of Class Represented by Amount in Row (11)

0.06% *

14.

Type of Reporting Person

CO

*Based on a total of 86,932,592 shares of Common Stock outstanding
as of October 31, 2017, as set forth in the Issuer’s most recent Form 10-Q, filed November 6, 2017. Includes 3,531,735 shares of
Common Stock owned by Brigade Leveraged Capital Structures Fund Ltd. (“LCS”), 510,571 shares of Common Stock owned by
Brigade Distressed Value Master Fund Ltd., 48,000 shares of Common Stock owned by Brigade Cavalry Fund Ltd. and 1,100,000 shares
of Common Stock issuable to LCS upon the exercise of the call options described in Item 5 of the Schedule 13D (as defined below).

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Page 8 of 14 – SEC Filing


CUSIP No. 494580103

1.

Names of Reporting Persons.

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

Donald E. Morgan, III

2.

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

(a) ¨ (b)
x

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) ¨

N/A

6.

Citizenship or Place of Organization

USA

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

7.

Sole Voting Power

0

8.

Shared Voting Power

5,190,306

9.

Sole Dispositive Power

0

10.

Shared Dispositive Power

5,190,306

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

5,190,306

12.

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

¨

13.

Percent of Class Represented by Amount in Row (11)

5.97%*

14.

Type of Reporting Person

IN

*Based on a total of 86,932,592 shares of Common Stock outstanding
as of October 31, 2017, as set forth in the Issuer’s most recent Form 10-Q, filed November 6, 2017. Includes 3,531,735 shares of
Common Stock owned by Brigade Leveraged Capital Structures Fund Ltd. (“LCS”), 510,571 shares of Common Stock owned by
Brigade Distressed Value Master Fund Ltd., 48,000 shares of Common Stock owned by Brigade Cavalry Fund Ltd. and 1,100,000 shares
of Common Stock issuable to LCS upon the exercise of the call options described in Item 5 of the Schedule 13D (as defined below).

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Page 9 of 14 – SEC Filing


Explanatory Note

This Amendment No. 1 (“Amendment”)
relates to the common stock, par value $0.25 per share (the “Common Stock”), of Kindred Healthcare, Inc. (the “Issuer”).
This Amendment amends and supplements the Statement on Schedule 13D filed with the Securities and Exchange Commission (the “SEC”)
on December 27, 2017 (the “initial Schedule 13D”). The initial Schedule 13D, as amended and supplemented by this Amendment,
is referred to herein as the “Schedule 13D.” Capitalized terms used and not otherwise defined herein shall have the meanings
ascribed to such terms in the Schedule 13D. Except as otherwise provided herein, each Item of the Schedule 13D remains unchanged.

Item 2. Identity and Background

Item 2 of the initial Schedule 13D is
hereby amended to include Brigade Cavalry Fund Ltd., a Cayman Islands exempted company (“EQTY”), as a Reporting Person.
The principal executive offices of EQTY are located at c/o Intertrust Fiduciary Services (Cayman) Limited, 190 Elgin Avenue, George
Town, Grand Cayman KYI-9007, Cayman Islands.

The principal business of EQTY is investing
in securities.

Information regarding each executive
officer, director and controlling person of EQTY is set forth in Schedule I hereto and incorporated herein by reference.

During the last five years, neither
EQTY nor, to the best knowledge of the foregoing, any of its controlling persons has been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors) or has been a party to a civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations
of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to
such laws.

Item 3. Source and Amount of Funds
or Other Consideration

Item 3 of the initial Schedule 13D is hereby
amended by adding the following:

LCS used approximately $2,356,250 (excluding
brokerage commissions) of the working capital of LCS to purchase the shares of Common Stock reported in this Amendment, DSTR used
approximately $1,215,000 (excluding brokerage commissions) of the working capital of DSTR to purchase the shares of Common Stock
reported in this Amendment and EQTY used approximately $456,000 (excluding brokerage commissions) of the working capital of EQTY
to purchase the shares of Common Stock reported in this Amendment.

Item 4. Purpose of Transaction

 

Item 4 of the initial Schedule 13D is hereby
amended by adding the following after the fifth paragraph thereof:

Brigade maintains its opposition to the proposed
$9.00 per share cash merger price for the reasons detailed in the Letter. Brigade continues to believe that the timing of the proposed
Merger is ill-timed, as it does not allow the Issuer’s existing shareholders to benefit from the much improved go forward earnings
power of the business despite their support throughout the Issuer’s repositioning efforts. The Merger timing at the current valuation
instead gives the Consortium the benefits which belong to the Issuer’s existing shareholders. Brigade eagerly awaits the opportunity
to review the definitive proxy statement describing the Merger and continues to evaluate various options to protect its investors
from being insufficiently compensated.

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Page 10 of 14 – SEC Filing

Item 5. Interest in Securities of the Issuer

Item 5 of the initial Schedule 13D is
hereby amended by deleting it in its entirety and substituting the following in lieu thereof:

(a) As of the Filing Date, Brigade beneficially
owns 4,090,306 shares of Common Stock (excluding the shares of Common Stock subject to the Listed Equity Call Option and the 2018
OTC Equity Call Option), of which 3,531,735 shares of Common Stock are owned by LCS, 510,571 shares of Common Stock are owned by
DSTR and 48,000 shares of Common Stock are owned by EQTY.

On January 19, 2018,
the OTC Equity Call Option expired and terminated. Following the expiration and termination of the OTC Equity Call Option, in January,
2018, LCS entered into a series of call option agreements (collectively, the “2018 OTC Equity Call Option Agreement”)
with Nomura Securities International Inc. pursuant to which LCS acquired call options that give LCS the right to purchase up to
600,000 shares of Common Stock in the aggregate at an exercise price of $7.50 per share (the “2018 OTC Equity Call Option”).
The 2018 OTC Equity Call Option will expire and terminate on May 18, 2018, and is exercisable at LCS’s election any time on or
prior to its expiration.

Together with the shares of Common Stock
subject to the Listed Equity Call Option and 2018 OTC Equity Call Option, the Reporting Persons are therefore deemed to beneficially
own 5,190,306 shares of Common Stock in the aggregate, 4,631,735 shares of Common Stock by LCS, 510,571 shares of Common Stock
by DSTR and 48,000 shares of Common Stock by EQTY, representing approximately 5.97% in the aggregate, and 5.33%, 0.59% and 0.06%
by LCS, DSTR and EQTY, respectively, of the issued and outstanding shares of the Common Stock of the Issuer as of December 26,
2017.

(b) Brigade, as the investment manager
of LCS, DSTR and EQTY, has the shared power to vote and dispose of the 5,190,306 shares of Common Stock described in the Amendment.

(c) Schedule II annexed hereto lists
all transactions in the securities of the Issuer by the Reporting Persons since December 27, 2017, the filing date of the initial
Schedule 13D. All such transactions were effected in the open market. Except as described in this Amendment, during the period
from December 27, 2017 through and including February 1, 2018, there were no other purchases or sales of Common Stock, or securities
convertible into or exchangeable for Common Stock, by the Reporting Persons or any person or entity for which the Reporting Persons
possess voting or dispositive control over the securities thereof.

(d) To the knowledge of the Reporting
Persons, no other person named or incorporated by reference in Item 2 of the Schedule 13D has the right to receive or the power
to direct the receipt of dividends from, or the proceeds from the sale of, shares of Common Stock.

(e) Not applicable.

Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer

The disclosure in
Item 5 relating to the 2018 OTC Equity Call Option Agreement is incorporated into this Item 6 by reference.

Except as set forth herein, there are no contracts,
arrangements, understandings or relationships between the Reporting Persons and any other person with respect to the Common Stock.

 

Item 7. Material to be Filed as Exhibits

Exhibit A: Joint Filing Agreement, dated as
of February 1, 2018

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Page 11 of 14 – SEC Filing

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.

February 1, 2018 Brigade Capital Management, LP
By:

/s/ Donald E. Morgan,
III

Donald E. Morgan, III
Managing Member of its General Partner
Brigade Capital Management GP, LLC
By: /s/ Donald E. Morgan, III
Name: Donald E. Morgan, III
Title: Managing Member
Brigade Leveraged Capital Structures Fund Ltd.
By: /s/ Donald E. Morgan, III
Name: Donald E. Morgan, III
Title: Director
Brigade Distressed Value Master Fund Ltd.
By: /s/ Donald E. Morgan, III
Name: Donald E. Morgan, III
Title: Director
Tasman Fund LP
By: /s/ Donald E. Morgan, III
Name: Donald E. Morgan, III
Managing Member of its General Partner
Brigade Cavalry Fund Ltd.
By: /s/ Donald E. Morgan, III
Name: Donald E. Morgan, III
Title: Director
/s/ Donald E. Morgan, III
Donald E. Morgan, III, individually

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Page 12 of 14 – SEC Filing

AGREEMENT

In accordance with Rule 13d-1(k) under the
Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of them of a statement
on Schedule 13D (including amendments thereto) with respect to the shares of common stock, $0.25 par value per share, of Kindred
Healthcare Inc., a Delaware corporation, and further agree that this Joint Filing Agreement be included as Exhibit A to such amendment
number 1 to Schedule 13D. In evidence thereof, the undersigned hereby execute this agreement as of February 1, 2018.

February 1, 2018 Brigade Capital Management, LP
By:

/s/ Donald E. Morgan,
III

Donald E. Morgan, III
Managing Member of its General Partner
Brigade Capital Management GP, LLC
By: /s/ Donald E. Morgan, III
Name: Donald E. Morgan, III
Title: Managing Member
Brigade Leveraged Capital Structures Fund Ltd.
By: /s/ Donald E. Morgan, III
Name: Donald E. Morgan, III
Title: Director
Brigade Distressed Value Master Fund Ltd.
By: /s/ Donald E. Morgan, III
Name: Donald E. Morgan, III
Title: Director
Tasman Fund LP
By: /s/ Donald E. Morgan, III
Name: Donald E. Morgan, III
Managing Member of its General Partner
Brigade Cavalry Fund Ltd.
By: /s/ Donald E. Morgan, III
Name: Donald E. Morgan, III
Title: Director
/s/ Donald E. Morgan, III
Donald E. Morgan, III, individually

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Page 13 of 14 – SEC Filing

Schedule I

Information Regarding the Instruction
C Persons

The
following sets forth the name, position, address, principal occupation, and citizenship of each director and executive officer
of the applicable Reporting Person.

Brigade Cavalry Fund Ltd.

Directors and Officers:

Name Position Address Principal Occupation Citizenship/Place of Organization
Donald E. Morgan, III Director c/o Brigade Capital Management, LP, 399 Park Avenue, 16th Floor, New York, NY 10022 Managing Partner of Brigade Capital Management, LP United States
Scott Dakers Director c/o Intertrust Fiduciary Services (Cayman) Limited, 190 Elgin Avenue, George Town, Grand Cayman KYI-9007, Cayman Islands Director of Intertrust Fiduciary Services (Cayman) Limited United Kingdom
Evan Burtton Director c/o Intertrust Fiduciary Services (Cayman) Limited, 190 Elgin Avenue, George Town, Grand Cayman KYI-9007, Cayman Islands Director of Intertrust Fiduciary Services (Cayman) Limited New Zealand

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Page 14 of 14 – SEC Filing

Schedule II

Transactions in Common Stock by
Reporting Persons*

The following
table sets forth all transactions in the Common Stock effected since December 27, 2017, the filing date of the initial Schedule
13D, by the Reporting Persons. All such transactions were effected in the open market through brokers and the price per share is
net of commissions.

Transaction Date Reporting Person Title of Class Number of Shares Purchased Number of Shares Sold Price Per Share
1/2/2018 EQTY Common Stock 48,000 0 $9.50
1/24/2018 TASM Common Stock 100,000** 0 $9.25
1/30/2018 LCS Common Stock 250,000 0 $9.425
2/1/2018 DSTR Common Stock 135,000 0 $9.00

* See also the OTC Equity Call Option and the
2018 OTC Equity Call Option described in Item 5 of the Amendment to which this Schedule II is attached.

** Shares were used upon receipt to cover existing
short positions entered into by TASM on January 22, 2018 and January 23, 2018.

 

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