Our Fifth Amended and Restated Dividend Reinvestment and Stock Purchase Plan (the “Plan”) allows our existing stockholders to increase their holdings of our common stock and gives new investors an opportunity to make an initial investment in our common stock.
If you are an existing stockholder, you may purchase additional shares of our common stock by reinvesting all or a portion of the dividends paid on your shares of common stock and by making optional cash payments of not less than $50 up to a maximum of $10,000 per month. In some instances, we may permit optional cash payments in excess of this maximum if we approve your request for waiver.
If you are a new investor, you may join the Plan by making an initial investment of not less than $1,000 up to a maximum of $10,000. In some instances, we may permit initial investments in excess of this maximum if we approve your request for waiver.
Regardless of whether you are an existing stockholder or a new investor, you may purchase shares of our common stock at a discount ranging from 0% to 5% (set at 0% commencing with the August 22, 2016 investment date) without paying any service fees, processing fees or other charges. This discount applies to reinvested dividends, optional cash payments and initial investments. However, no discount will be available for shares acquired in the open market. We may adjust the discount in our discretion at any time and will announce changes to the discount at least 30 days prior to the next investment date. If we approve your request for waiver of the monthly volume limit, we may offer you a discount ranging from 0% to 5%.
Once you enroll in the Plan, you may authorize electronic deductions from your U.S. bank account for optional cash payments.
Your participation in the Plan is voluntary and you may terminate your account at any time. If you elect not to participate in the dividend reinvestment portion of the Plan, you will receive dividends, if and when declared by our board of directors, by check or automatic deposit to a U.S. bank account that you designate.
Computershare Trust Company, N.A. (the “Administrator”) administers the Plan.
Please click here to review the Plan prospectus for a more detailed description of the Plan. To enroll in the Plan, click here for a printable version of the enrollment form, or visit the Administrator’s website at www.computershare.com/investor. To authorize automatic monthly deductions from your personal bank account, click here for a printable version of the direct debit authorization form or visit the Administrator's website at www.computershare.com/investor. If you authorize automatic monthly deductions from your personal bank account, these deductions will occur on the 15th day of each month or, if the 15th is not a business day, the next business day.
Enrollment forms, purchase requests, sale requests and other transactions or services offered through the Plan should be directed to the Administrator via the Internet, by telephone or in writing as follows: