Common Stock
The following table summarizes the activity relating to shares of the Company’s common stock during the three-month period ended March 31, 2009:
Issued
Treasury
Shares
Outstanding
held in trust
Balance, as of December 31, 2008
40,158,019
(1,709,847)
(906,000)
37,542,172
Preferred stock conversion
75,000
Balance, as of March 31, 2009
40,233,019
37,617,172