4.25 Percent Senior Convertible Notes Due 2036 Ford's 4.25 Percent Senior Convertible Notes due 2036 (the "2036 Notes") (CUSIP Number 345370 CF5) were issued on Dec. 15, 2006 and $24,996,000 aggregate principal amount remains outstanding. Effective Dec. 15, 2012, the conversion rate for the 2036 Notes of 110.5085 shares of Ford common stock for each $1,000 in principal amount of the 2036 Notes (equivalent to a conversion price of $9.05 per share of Ford common stock) will be adjusted to 111.0495 shares for each $1,000 in principal amount of 2036 Notes (equivalent to a conversion price of approximately $9.01 per share of Ford common stock).Warrants to Purchase One Share of Ford Common Stock Ford's Warrants to purchase Ford common stock (NYSE: F WS) (CUSIP Number 345370 134) ("Warrants") were issued on Dec. 11, 2009 and about 362,030,407 Warrants remain outstanding. Effective Dec. 11, 2012, the exercise price of $9.05 at which each Warrant is exercisable to purchase 1.0167 shares of Ford common stock will be adjusted to $9.01 and the number of shares for which each Warrant is exercisable will also be adjusted to 1.0212. As a result of these adjustments, effective Dec. 11, 2012, each Warrant will represent the right to purchase 1.0212 shares of Ford common stock at an exercise price of $9.01.
Ford To Adjust Conversion Prices On Convertible Debt Securities And Exercise Price And Number Of Underlying Shares Of Warrants
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts