||pursuant to a transaction between mr. vranos and a limited partner of emg holdings, l.p. ("emgh"), mr. vranos acquired a pecuniary interest in the shares reported as acquired in column 4 of this form 4.
||because mr. vranos already reported beneficial ownership of these shares held by another partner in emgh, mr. vranos' beneficial ownership did not increase as a result of this transaction and the amount of shares reported in column 5 as beneficially owned following this transaction did not change from the amount reported in mr. vranos' form 4 filed on november 2, 2018.
||of these 1,028,556 shares of common stock, 1,024,079 shares are owned directly by emgh and 4,477 shares are directly owned by efm. vc investments llc ("vc") is the general partner of emgh and the managing member of efm. michael w. vranos is the managing member of, and holds a controlling interest in, vc. michael w. vranos and vc together share the power to direct the voting and disposition of shares of common stock held by emgh and efm, and may be regarded as the beneficial owners of the shares of common stock. each of michael w. vranos and vc disclaims beneficial ownership of any shares of common stock owned beneficially or of record by each other except to the extent of its or his pecuniary interest therein.
||mr. vranos is the managing member of an entity that holds these shares for estate planning purposes.
||common stock is held in family trusts for the benefit of emgh partners (other than mr. vranos) for which mr. vranos acts as trustee.