Rule 424(b)7

Filed pursuant to Rule 424(b)(7)
Registration No. 333-117229

 

Prospectus Supplement to

Prospectus dated October 7, 2004

 

LOGO

 

HOST HOTELS & RESORTS, INC.

 

11,798,762 Shares of Common Stock

 

This prospectus supplement relates to 11,798,762 shares of our common stock that may be offered for resale by the persons or entities listed herein who are or may become stockholders of ours upon issuance of shares of common stock upon exchange of 3.25% Exchangeable Senior Debentures due April 15, 2024 of Host Hotels & Resorts, L.P. (of which we are the sole general partner and in which we own approximately 98.6% of the partnership interests). Host Hotels & Resorts, L.P. issued the debentures in a private offering on March 16, 2004. This prospectus supplement also relates to an indeterminate number of additional shares of our common stock that may be issued from time to time upon exchange of the debentures as a result of exchange rate adjustments under the terms of the debentures.

 

The selling stockholders named in this prospectus supplement, or in supplements hereto, may sell all or a portion of the common stock, from time to time, in market transactions, in negotiated transactions or otherwise, and at prices and on terms which will be determined by the then prevailing market price for our common stock or at negotiated prices directly or through a broker or brokers, who may act as agent or as principal or by a combination of such methods of sale. In addition, the selling stockholders may offer the common stock from time to time through ordinary brokerage transactions on the New York Stock Exchange. See “Plan of Distribution” in the prospectus dated October 7, 2004 for additional information on the methods of sale.

 

This prospectus supplement should be read in conjunction with, and may not be delivered or utilized without, the prospectus. This prospectus supplement is qualified by reference to the prospectus, except to the extent that the information in this prospectus supplement supercedes the information contained in the prospectus.

 

No securities are being offered or sold by us pursuant to this prospectus supplement. We will not receive any of the proceeds from the sale of these shares by the selling stockholders.

 

Our common stock is traded on the New York Stock Exchange under the symbol “HST”. On February 28, 2013, the last reported sale price of our common stock was $16.67 per share.

 

Our principal executive offices are located at 6903 Rockledge Drive, Suite 1500, Bethesda, Maryland, 20817. Our phone number is (240) 744-1000.

 

Investing in the offered securities involves risks. See “Risk Factors” beginning on page 2 of the prospectus dated October 7, 2004.

 

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the offered securities or determined if this prospectus supplement is truthful or complete. Any representation to the contrary is a criminal offense.

 

The date of this prospectus supplement March 1, 2013.


SELLING STOCKHOLDERS

 

The table below supplements or amends the table of stockholders contained on pages 33 through 34 of the Prospectus dated October 7, 2004. Where the name of a selling stockholder identified in the table below also appears in the table in the Prospectus, the information set forth in the table below regarding that selling stockholder supersedes the information in the Prospectus. Currently there is outstanding $175,000,000 aggregate principal amount of Host Hotels & Resorts, L.P. debentures. We may issue the offered shares of common stock to the selling stockholders if, and to the extent, that they exchange their debentures for shares of common stock. The following table provides information regarding the selling stockholders and the number of shares of common stock they are offering for resale.

 

The exchange rate on the debentures is subject to adjustment in certain events. Accordingly, the number of shares of common stock issuable upon the exchange of the debentures may increase or decrease from time to time.

 

Unless otherwise indicated in the footnotes below, we believe that the persons and entities named in the table have sole voting and investment power with respect to all shares beneficially owned. Because the selling stockholders may offer, pursuant to this prospectus, all or some portion of the common stock listed below, no estimate can be given as to the amount of common stock that will be held by the selling stockholder upon consummation of any sales. In addition, the selling stockholders listed in the table may have sold, transferred or otherwise disposed of, in transactions exempt from registration requirements of the Securities Act, some or all of their debentures or common stock since the date as of which such information was provided to us. The percentage ownership data is based on 726,697,966 shares of our common stock issued and outstanding as of February 21, 2013.

 

Unless otherwise set forth below, no selling stockholder has had any material relationship with us or any of our affiliates within the past three years, other than as a stockholder.

 

We have prepared the table based on information given to us by, or on behalf of, the selling stockholders on or before March 1, 2013. Information about the selling stockholders may change over time. Any changed information given to us by the selling stockholders will be set forth in prospectus supplements or amendments to this prospectus if and when necessary.

 

Name


   Number of Shares
Beneficially Owned
Before Offering (1)


     Number of Shares
Being Offered for
Resale (2)(3)


     Percentage of Common
Stock Outstanding (4)

 

Absolute Strategies Fund - Forum Funds Trust

     202,265         202,265         *   

Advent Claymore Enhanced Growth & Income Fund (LCM) (6)

     31,081         31,081         *   

Advent Global Active Extension Fund (6)

     26,969         26,969         *   

Advent Global Phoenix Convertible Fund (6)

     21,575         21,575         *   

ADVENT GLBL CONV GM HOURLY (6)

     71,130         71,130         *   

ADVENT GLBL CONV GM SALARY (6)

     41,127         41,127         *   

Alabama Children’s Hospital Foundation

     6,742         6,742         *   

Alcon Laboratories (6)

     12,878         12,878         *   

Alphas Managed Accounts Platform III Limited (7)

     404,529         404,529         *   

Altma Fund SICAV P.I.C. in respect of Advent Convertible Arbitrage Sub-Fund (INOCAP) (6)

     16,383         16,383         *   

American Century Capital Portfolios, Inc. - Equity Income Fund (14)

     8,901,256         8,901,256         1.2

American Century Capital Portfolios, Inc. - Market Neutral Value Fund (14)

     4,787         4,787         *   

American Century Investments U.S. Value Yield Equity Trust (14)

     433,790         433,790         *   

Arkansas PERS (9)

     146,305         146,305         *   

ATSF - Transamerica Convertible Securities

     438,240         438,240         *   

Aventis Pension Master Trust

     21,575         21,575         *   

AVK (Advent Claymore) Fund

     117,988         117,988         *   

Bank of America Pension Trust †

     364,076         364,076         *   

Barclays Capital Inc. (24)

     1,551         1,551         *   

Barclays Global Investors Diversified Alpha Plus Funds †

     51,915         51,915         *   

Barnet Partners Ltd.

     941,204         941,204         *   

Basso Holdings Ltd.

     270,900         270,900         *   

Bear Stearns †

     202,265         202,265         *   

BMW-Suzuka Annapurna (6)

     36,542         36,542         *   

BNP Paribas Equity Strategies, SNC †

     251,347         251,347         *   

Boilermakers - Blacksmith Pension Trust

     74,164         74,164         *   

British Virgin Islands Social Security Board (6)

     8,293         8,293         *   

Calamos Growth & Income Fund - Calamos Investment Trust

     4,045,290         4,045,290         *   

Calamos Growth & Income Portfolio - Calamos Advisors Trust

     28,317         28,317         *   

Calamos Strategic Total Return Fund

     293,284         293,284         *   

California Health Care Foundation (6)

     29,733         29,733         *   

CC

     235,975         235,975         *   

CC ARB SIF I, Ltd. (10)

     31,014         31,014         *   

CC Arbitrage Ltd. (11)

     178,532         178,532         *   

CEMEX Pension Plan

     11,125         11,125         *   

CGNU Life Fund

     84,277         84,277         *   

Citigroup Global Markets Inc. †

     691,070         691,070         *   

Citigroup Pension Plan †

     16,855         16,855         *   

City of Knoxville Pension System

     11,462         11,462         *   

City of Sarasota Police Officers Pension Plan (6)

     944         944         *   

CNH

     33,711         33,711         *   

Commercial Union Life Fund

     104,503         104,503         *   

Convertible Securities Fund

     5,394         5,394         *   

CooperNeff Convertible Strategies (Cayman) Master Fund, LP

     210,827         210,827         *   

Credit Suisse Securities (USA) LLC †

     168,554         168,554         *   

CSS, L.L.C.

     134,843         134,843         *   

DBX Convertible Arbitrage 14 Fund (20)

     32,699         32,699         *   

D.E. Shaw/Valence Portfolios, L.L.C.

     3,067,678         3,067,678         *   

Deep Rocks & Co.

     256,202         256,202         *   

Delta Airlines Master Trust

     95,401         95,401         *   

Delta Pilots Disability and Survivorship Trust

     15,170         15,170         *   

Deutsche Bank Securities Inc. (25)

     1,685,538         1,685,538         *   

DKR SoundShore Strategic Holding Fund Ltd.

     134,843         134,843         *   

Domestic & Foreign Missionary Society DFMS (6)

     3,438         3,438         *   

Dorinco Reinsurance Company

     67,422         67,422         *   

Ellington Overseas Partners, Ltd

     674,215         674,215         *   

Employers Mutual Casualty Company Value Yield (14)

     131,809         131,809         *   

Equity Overlay Fund

     229,233         229,233         *   

Ferox BF Limited (7)

     134,843         134,843         *   

Florida Power & Light

     136,326         136,326         *   

Forest Fulcrum Fund LP

     48,274         48,274         *   

Forest Global Convertible Fund, Ltd., Class A-5

     558,722         558,722         *   

Forest Multi-Strategy Master Fund SPC, on behalf of its Multi-Strategy Segregated Portfolio

     20,024         20,024         *   

FrontPoint

     202,265         202,265         *   

Geode U.S. Convertible Arbitrage Fund, a segregated account of Geode Capital Master Fund Ltd.

     202,265         202,265         *   

Georgetown University

     3,978         3,978         *   

GMIMCO Trust

     202,265         202,265         *   

Goldman Sachs & Co. †

     426,239         426,239         *   

Grace

     303,397         303,397         *   

Grady Hospital Foundation

     12,743         12,743         *   

Guggenheim Portfolio Company XXXI, LLC

     449,027         449,027         *   

HFR CA Global Opportunity Master Trust

     147,855         147,855         *   

HFR CA Lazard Rathmore Master Trust (20)

     28,654         28,654         *   

HFR CA Opportunity Master Trust

     21,575         21,575         *   

HFR CA Select Fund

     67,422         67,422         *   

HFR RVA Combined Master Trust (18)

     129,719         129,719         *   

HFR RVA Select Performance

     62,365         62,365         *   

Highbridge International LLC (12)

     925,302         842,769         *   

Highmark Limited (20)

     40,790         40,790         *   

Hollowbattle

     123,718         123,718         *   

IAM Mini-Fund 14 Limited (17)

     137,675         137,675         *   

IAM Mini-Fund 19 Limited (20)

     15,979         15,979         *   

IDEX - Transamerica Convertible Securities Fund

     269,686         269,686         *   

Independence Blue Cross (6)

     31,756         31,756         *   

Indiana Lumbermens Mutual Insurance Company (6)

     1,955         1,955         *   

Institutional Benchmark Series Ltd.

     40,925         40,925         *   

Institutional Benchmarks

     134,843         134,843         *   

Institutional c/o Quattro

     45,510         45,510         *   

Investcorp Silverback Arbitrage Master Fund Limited (22)

     438,240         438,240         *   

J.P. Morgan Securities Inc. †

     144,012         144,012         *   

Jefferies & Company, Inc. (23)

     202         202         *   

JMG Capital Partners, LP

     134,843         134,843         *   

JMG Triton Offshore, Ltd.

     134,843         134,843         *   

John Deere Pension Trust

     289,912         289,912         *   

KBC Convertibles MAC28 Limited

     202,265         202,265         *   

KBC Diversified Fund

     404,529         404,529         *   

KBC Financial Products USA Inc.

     977,612         977,612         *   

Knoxville Utilities Board Retirement System

     11,125         11,125         *   

Lazard Asset Management

     101,132         101,132         *   

Lazard Rathmore Master Fund LP (20)

     155,407         155,407         *   

LDG

     10,585         10,585         *   

Lexington

     2,360         2,360         *   

LGT MM CONV BOND FUND CH0638-G (6)

     26,969         26,969         *   

LLT Limited

     35,531         35,531         *   

LMA SPC for and on behalf of Map 99 Segregated Portfolio (20)

     40,790         40,790         *   

Louisiana CCRF

     22,249         22,249         *   

Lyxor/Convertible Arbitrage Fund Limited

     43,015         43,015         *   

Lyxor/Forest Fund Limited

     966,015         966,015         *   

Lyxor/Lazard Rathmore Fund Limited (20)

     81,917         81,917         *   

Lyxor/Mohican Convertible Arbitrage Fund Limited

     269,686         269,686         *   

Lyxor/Zola

     16,855         16,855         *   

MABSTOA (6)

     8,630         8,630         *   

MacKay Shields LLC

     1,315,596         1,315,596         *   

Macomb County Employees’ Retirement System

     25,283         25,283         *   

Matrix Lazard Opportunities Fund (20)

     8,293         8,293         *   

Maryland State Retirement and Pension System (6)

     7,484         7,484         *   

McMahan

     67,422         67,422         *   

Melody

     53,937         53,937         *   

MFS Total Return Fund A Series of MFS Series Trust IV

     256,202         256,202         *   

MFS V

     391,045         391,045         *   

Mohican VCA Master Fund Ltd.

     235,975         235,975         *   

Morgan Stanley & Co International PLC (19)†

     178,600         178,600         *   

Morgan Stanley Convertible Securities Trust †

     168,554         168,554         *   

Nations Convertible Securities Fund

     1,148,862         1,148,862         *   

New York City Employee’s Retirement System (6)

     104,301         104,301         *   

New York City Fire Department Pension Fund (6)

     16,518         16,518         *   

New York City MTA (6)

     17,462         17,462         *   

New York City Police Pension Fund (6)

     34,722         34,722         *   

New York City Teachers’ Retirement System

     14,563         14,563         *   

New York City Teachers Retirement System Global (6)

     18,541         18,541         *   

Nextera Energy (6)

     57,848         57,848         *   

Nomura Securities International (21)

     98,570         98,570         *   

Northern Income Equity Fund

     33,711         33,711         *   

Norwich Union Life & Pensions

     148,327         148,327         *   

Oakwood Assurance Company Ltd.

     2,360         2,360         *   

Oakwood Healthcare Inc. Pension

     12,540         12,540         *   

Oakwood Healthcare Inc. - OHP

     674         674         *   

Oakwood Healthcare Inc. Endowment / A&D

     337         337         *   

Oakwood Healthcare Inc. Funded Depreciation

     3,371         3,371         *   

Oakwood Healthcare Inc. Professional Liability

     539         539         *   

Oakwood Healthcare Inc. Working Capital

     1,686         1,686         *   

Occidental Petroleum Corporation (6)

     17,597         17,597         *   

Old Lane Cayman Master Fund LP

     466,017         466,017         *   

Old Lane HMA Master Fund LP

     160,059         160,059         *   

Old Lane U.S. Master Fund LP

     402,102         402,102         *   

Oppenheimer Convertible Securities Fund

     337,108         337,108         *   

Oyster Global Convertibles (6)

     84,749         84,749         *   

Palm Bay P&F CU (6)

     1,753         1,753         *   

Palm Bay Police & Firefighters’ Pension Fund (9)

     1,281         1,281         *   

Partners Group Alternative Strategies PCC Limited Gold Zeta Delta

     23,395         23,395         *   

Peoples Benefit Life Insurance Company Teamsters

     1,668,682         1,668,682         *   

Pensacola City of Fire CU (6)

     1,011         1,011         *   

PIMCO Convertible Fund

     25,283         25,283         *   

Polaris Vega Fund L.P.

     273,057         273,057         *   

Port Authority of Allegheny County Consolidated Trust Fund

     3,708         3,708         *   

Port Authority of Allegheny County Retirement and Disability Allowance Plan for the Employees Represented by Local 85 of the Amalgamated Transit Union

     20,226         20,226         *   

Pro Mutual (6)

     37,621         37,621         *   

Radian Asset Assurance (8)

     80,906         80,906         *   

Radian Guaranty (8)

     16,855         16,855         *   

Redbourn Partners Ltd

     168,554         168,554         *   

Redbrick Capital Master Fund, LTD

     674,215         674,215         *   

Retail Clerks Pension Trust I

     188,780         188,780         *   

Retail Clerks Pension Trust II

     232,604         232,604         *   

Rhythm Fund, Ltd.

     404,529         404,529         *   

RMF Umbrella SICAV

     1,686         1,686         *   

S.A.C. Arbitrage Fund, LLC (13)

     1,646,500         1,646,500         *   

San Diego

     202,265         202,265         *   

San Francisco City and County ERS (6)

     48,678         48,678         *   

Sarasota Police Officers’ Pension Fund (9)

     1,686         1,686         *   

SCI Endowment Care Common Trust Fund - Regions Bank

     6,742         6,742         *   

SCI Endowment Care Common Trust Fund - SunTrust Bank

     3,708         3,708         *   

SCI Endowment Care Common Trust Fund - US Bank, N.A.

     1,686         1,686         *   

Seattle City Employee Retirement System

     1,686         1,686         *   

SG Americas Securities, LLC

     343,513         343,513         *   

Singlehedge US Convertible Arbitrage Fund

     66,680         66,680         *   

Sphinx Convertible Arbitrage SPC

     43,285         43,285         *   

Sphinx Fund

     7,214         7,214         *   

St. Albans Partners Ltd.

     539,372         539,372         *   

St. Lucie County Fire District Firefighters’ Pension Trust Fund (9)

     4,045         4,045         *   

St. Lucie County Fire Pension (6)

     2,495         2,495         *   

St. Paul Travelers Companies, Inc.--Commercial Lines

     57,376         57,376         *   

State of Alaska Retirement and Benefit Plan (6)

     36,071         36,071         *   

Stonebridge Life Insurance

     67,422         67,422         *   

Sturgeon Limited

     51,780         51,780         *   

Sunrise Partners Limited Partnership

     732,412         569,712         *   

T. Rowe Price Associates, Inc. as investment adviser on behalf of ING Investors Trust

     852,208         852,208         *   

T. Rowe Price Associates, Inc. as investment adviser on behalf of Penn Series Funds, Inc.

     381,606         381,606         *   

T. Rowe Price Associates, Inc. as investment adviser on behalf of T. Rowe Price Capital Appreciation Fund, Inc.

     2,069,840         2,069,840         *   

Tamalpais Asset Management

     505,661         505,661         *   

TD Securities (USA) LLC

     337,108         337,108         *   

Teachers’ Retirement System for the City of New York (6)

     41,329         41,329         *   

Teachers’ Retirement System of the City of New York (6)

     51,105         51,105         *   

The Advent Convertible Arbitrage Fund, Cayman Fund II (6)

     127,022         127,022         *   

The Advent Convertible Arbitrage Master Fund (6)

     379,650         379,650         *   

The City University of New York

     3,371         3,371         *   

The Cockrell Foundation

     5,731         5,731         *   

The Dow Chemical Company Employees’ Retirement Plan

     114,617         114,617         *   

The LCM Convertible Securities Fund

     117,988         117,988         *   

The Omidyar Network Fund, Inc. (9)

     17,192         17,192         *   

The Police and Fire Retirement System of the City of Detroit (6)

     17,058         17,058         *   

Thrivent Financial for Lutherans

     67,422         67,422         *   

Transamerica Accidental Life

     67,422         67,422         *   

Transamerica Life Insurance and Annuities Corp

     404,529         404,529         *   

Trustmark Insurance Company (6)

     13,821         13,821         *   

UBS Securities LLC †

     1,348,430         1,348,430         *   

Union Bank (8)

     30,340         30,340         *   

Union Carbide Retirement Account

     33,711         33,711         *   

Union Pacific Master Retirement Trust

     134,843         134,843         *   

United Food and Commercial Workers Local 1262 and Employers Pension Fund

     6,068         6,068         *   

Univar USA Inc.

     26,969         26,969         *   

US Bank FBO Essentia Health System

     16,518         16,518         *   

Van Kampen Harbor Fund

     222,491         222,491         *   

Virginia Retirement System (6)

     35,464         35,464         *   

Whitebox Concentrated Convertible Arbitrage Partners, LP (15)

     1,128,906         1,128,906         *   

Whitebox Multi-Strategy Partners, LP (16)

     1,486,846         1,486,846         *   

Xavex Convertible Arbitrage 4 Fund

     11,934         11,934         *   

Xavex Convertible Arbitrage 7 Fund

     30,340         30,340         *   

Yield Strategies Fund I, L.P.

     815,800         815,800         *   

Yield Strategies Fund II, L.P.

     512,403         512,403         *   

Zola

     16,855         16,855         *   

Zurich c/o TQA

     21,845         21,845         *   

Zurich Institutional Benchmarks Master Fund Ltd.

     60,410         60,410         *   

Unnamed stockholders or any future transferees, pledgees, donees or successors of or from any such unnamed stockholders (5)

     —           —           *   
             


        

Total (3)

              60,104,379            
             


        

We have ongoing relationships with certain of these selling stockholders or their affiliates including through their participation as lenders under our amended and restated credit facility; their provision of commercial banking services, including mortgage loans and the provision of cash management services; their participation with us in interest swap agreements and other hedging instruments; or through their acting as underwriters for issuances of our senior notes and equity securities.
* Less than one percent of the common stock outstanding, as applicable.
(1) Includes shares of common stock issuable upon the exchange of debentures assuming an exchange rate of 67.4215 common shares for each $1,000 principal amount of debentures and a cash payment in lieu of any fractional shares. The exchange rate is subject to adjustment pursuant to the terms of the debentures.
(2) Assumes the selling stockholder sells all of the common stock being offered by this prospectus.
(3) Amounts are in excess of the total amount registered due to sales or transfers of debentures or common stock by selling stockholders since the date as of which information was provided to us.
(4) Calculated based on Rule 13d-3(d)(i) under the Securities Exchange Act of 1934, as amended, using 726,697,966 shares outstanding on February 21, 2013. In calculating this amount, we treated as outstanding the number of shares of common stock issuable upon exchange of the holder’s debentures. However, we did not assume exchange of any of other holder’s debentures.
(5) We will identify additional selling stockholders, if any, by prospectus supplement or post-effective amendment before they offer or sell their securities.
(6) Advent Capital Management, LLC (“Advent”), an investment advisor that is registered under the Investment Advisors Act of 1940, furnishes investment advice to and manages onshore and offshore investment funds and to separate managed accounts (such investment funds and accounts, the “Funds”). In its role as investment advisor, or manager, Advent possesses voting and/or investment power over the securities of the Issuer described in this schedule that are owned by the Funds. All securities reported in this schedule are owned by the Funds. Advent disclaims beneficial ownership of such securities.
(7) Alex Warren, as Portfolio Manager of the selling stockholder, has the power to direct the voting and disposition of the securities held by the selling stockholder.
(8) Lord, Abbett & Co. LLC, is the investment advisor (“Advisor”) of the selling securityholders and has voting and dispositive power over the securities held by the selling securityholders. Adrian Rocco, a supervisor for the Advisor, or his designees, have the power to direct the voting and disposition of the securities held by the securityholders.
(9) Ravi Malik, Portfolio Manager for SSI Investment Management, has the power to direct the voting and disposition of the securities managed by SSI Investment Management.
(10) Castle Creek Arbitrage LLC (the “Advisor”), is the investment manager of CC ARB SIF I, Ltd. (the “Fund” ) and has sole voting and dispositive power over the securities held by the Fund . Mr. Allan Weine, Managing Member of the Advisor, has the authority to direct the voting and disposition of securities held by the Fund. The Advisor and Mr. Weine each disclaim beneficial ownership over securities held by the Fund, except to the extent of any indirect ownership interest resulting from an economic participation in the Fund.
(11) Castle Creek Arbitrage LLC (the “Advisor”), is the investment manager of CC Arbitrage Ltd. (the “Fund”) and has sole voting and dispositive power over the securities held by the Fund. Mr. Allan Weine, Managing Member of the Advisor, has the authority to direct the voting and disposition of securities held by the Fund. The Advisor and Mr. Weine each disclaim beneficial ownership over securities held by the Fund, except to the extent of any indirect ownership interest resulting from an economic participation in the Fund.
(12) Highbridge Capital Management, LLC is the trading manager of Highbridge International LLC and has voting and dispositive power over the shares beneficially owned by Highbridge International LLC. Glenn Dubin is the Chief Executive Officer of Highbridge Capital Management, LLC and has voting control and investment discretion over the securities held by Highbridge International LLC. Each of Highbridge Capital Management, LLC and Glenn Dubin disclaims beneficial ownership of the shares of Common Stock held by Highbridge International LLC.
(13) Pursuant to an investment management agreement. S.A.C. Capital Advisors, L P., a Delaware limited partnership (“SAC Capital Advisors LP”) maintains investment and voting power with respect to the securities held by S.A.C. Arbitrage Fund, LLC. Mr. Steven A. Cohen controls SAC Capital Advisors LP. Each of SAC Capital Advisors LP and Mr. Cohen disclaim beneficial ownership of any of the securities covered by this questionnaire.
(14) American Century Investment Management, Inc. (the “Advisor”) is the investment manager of each of American Century Capital Portfolios, Inc. – Equity Income Fund, American Century Capital Portfolios, Inc. – Market Neutral Value Fund and American Century Investments U.S. Value Yield Equity Trust (the “Funds”) and has sole voting and dispositive power over the securities held by the Funds. Mr. Philip N. Davidson, Managing Member of the Advisor, and Mr. Michael Liss and Mr. Kevin Toney, Portfolio Managers of each of the Funds, has or shares the authority to direct the voting and disposition of securities held by the Funds. The Advisor, Messrs. Davidson, Liss and Toney each disclaim beneficial ownership over securities held by the Funds, except to the extent of any indirect ownership interest resulting from an economic participation in the Funds.
(15) Whitebox Concentrated Convertible Arbitrage Advisors, LLC (“WCCAA”) is the general partner of Whitebox Concentrated Convertible Arbitrage Partners, LP (“WCCAP”). Whitebox Advisors, LLC (“WA”) is the investment advisor to WCCAA and Andrew Redleaf is the managing member of WA and has the power to direct the disposition and voting of the securities held by the security holders. WA, WCCAA, WCCAP and Andrew Redleaf each disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.
(16) Whitebox Multi-Strategy Advisors, LLC (“WMSA”) is the general partner of Whitebox Multi-Strategy Partners, LP (“WMSP”). Whitebox Advisors, LLC (“WA”) is the investment advisor to WMSA and Andrew Redleaf is the managing member of WA and has the power to direct the disposition and voting of the securities held by the security holders. WA, WMSA, WMSP and Andrew Redleaf each disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.
(17) Whitebox Advisors, LLC (“WA”) is the investment manager to IAM Mini-Fund 14 Limited (“IAM”) and Andrew Redleaf is the managing member of WA and has the power to direct the disposition and voting of the securities held by the security holder. WA, IAM and Andrew Redleaf each disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.
(18) Whitebox Advisors, LLC (“WA”) is the investment manager to HFR RVA Combined Master Trust (“HFR”) and Andrew Redleaf is the managing member of WA and has the power to direct the disposition and voting of the securities held by the security holder. WA, HFR and Andrew Redleaf each disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.
(19) Morgan Stanley & Co International PLC has voting and dispositive power over the securities held. Christopher Good, a supervisor for Morgan Stanley & Co International PLC, or his designees, have the power to direct the voting and disposition of the securities held.
(20) Lazard Asset Management LLC manages the securities for the selling stock holder. Sean Reynolds, Portfolio Manager for Lazard Asset Management LLC, has the power to direct the voting and disposition of the securities managed by Lazard Asset Management LLC.
(21) Robert E. Thebault, Executive Director for Nomura Securities International, has the power to direct the voting and disposition of the securities managed by Nomura Securities International.
(22) Silverback Asset Management, LLC is the sub-advisor (“Sub-Advisor”) of the selling securityholder and has voting and dispositive power over the securities held by the selling securityholder. Elliot Bossen, Chief Investment Officer for the Sub-Advisor, or his designees have the power to direct the voting and disposition of the securities held by the selling securityholder.
(23) Harli Karakis has sole voting and dispositive power over the securities held by Jefferies & Company, Inc.
(24) Barclays Capital Inc., a Connecticut corporation (“BCI”), has investment and voting power with respect to the shares of Issuer’s common stock (the “Shares”). Mr. Spencer Kornreich, Vice President, has the authority to direct the voting and disposition of the Shares on behalf of BCI. Mr. Spencer Kornreich disclaims personal beneficial ownership of any of the Shares.
(25) Deutsche Bank Securities Inc., acts as agent for Structured Finance Americas LLC, a wholly-owned subsidiary of Deutsche Bank AG. Any two officers of Structured Finance Americas LLC - Satish Ramakrishna, John Arnone, Peter E. (Ned) Kelly, Bernard Abdo, John Cipriani, Joseph V. O’Connor, Mark Quaglia, Jill Rathjen, Joseph J. Rice, John Vergel de Diois, Anjali Thadani, Sonja K. Olsen and Sandra L. West - acting jointly, or their designees, have voting control and investment discretion over the securities on behalf of Structured Finance Americas LLC.
(26) The shares of Host Hotels and Resorts, Inc. are solely owned by Thrivent Financial for Lutherans for the benefit of its members. Mr. John Pickering, a portfolio manager for Thrivent Financial for Lutherans, has the authority to direct the voting and disposition of these securities held by Thrivent Financial for Lutherans. Mr. Pickering disclaims beneficial ownership of these shares.