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NDAQ » Topics » Conversion of class A common stock

This excerpt taken from the NDAQ 8-K filed Feb 20, 2008.

Conversion of class A common stock

On January 20, 2007, the third anniversary of the demutualization of the Exchange, all 46,900 shares of Class A Common Stock converted to Class B Common Stock such that all 441,504 shares of the Exchange are, as of that date, Class B shares. Upon conversion to Class B, the eligibility of holders of Class A shares for a contingent dividend, terminated. The former holders of the Class A shares otherwise continue to have the same rights and privileges, including voting, as the Class B holders.

 

F-158

Philadelphia Stock Exchange, Inc.

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