DYNEGY INC. - The Options Clearing Corporation

DYNEGY INC. - The Options Clearing Corporation

#31318 TO: to Infomemo Search Back ALL CLEARING MEMBERS DATE: OCTOBER 2, 2012 SUBJECT: DYNEGY INC. - CONTRACT ADJUSTMENT OPTION SYMBOL: DYNIQ NEW ...

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#31318

TO: to Infomemo Search Back ALL CLEARING MEMBERS DATE:

OCTOBER 2, 2012

SUBJECT:

DYNEGY INC. - CONTRACT ADJUSTMENT OPTION SYMBOL: DYNIQ NEW SYMBOL: DYN1 DATE: 10/3/12

On September 5, 2012, the United States Bankruptcy Court for the Southern District of New York approved the Joint Plan of Reorganization (Plan) for Dynegy Holdings, LLC and Dynegy Inc. (DYNIQ) under Chapter 11 of the Bankruptcy Code. The Plan became effective on October 1, 2012, and DYNIQ was deleted from the OTC market on October 2, 2012. As a result, shareholders of DYNIQ Common Shares shall be entitled to receive 0.00813936 shares of new Dynegy Inc. common stock and 0.12703043 warrants per DYNIQ common Share held. Pursuant to the Plan, fractional securities shall be rounded to the nearest whole unit. The warrants will be exercisable for one share of Dynegy Inc. common stock at a price of $40.00 per share. The warrants will expire on October 2, 2017. Dynegy Inc. warrants will begin trading on the New York Stock Exchange (NYSE) under the symbol DYN WS on October 3, 2012. Contract Adjustment DATE:

October 3, 2012

OPTION SYMBOLS:

DYNIQ changes to DYN1

STRIKE DIVISOR:

1

CONTRACTS MULTIPLIER:

1

NEW MULTIPLIER:

100 (e.g., a premium of 1.50 yields $150; a strike of 1 yields $100.00)

NEW DELIVERABLE PER CONTRACT:

CUSIP: DISCLAIMER

1) 1 (New) Dynegy Inc. (DYN) Common Share 2) 13 Warrants (DYN WS) to purchase Dynegy Inc. shares as described above. DYN: 26817R108 DYN WS: 26817R116

This Information Memo provides an unofficial summary of the terms of corporate events affecting listed options or futures prepared for the convenience of market participants. OCC accepts no responsibility for the accuracy or completeness of the summary, particularly for information which may be relevant to investment decisions. Option or futures investors should independently ascertain and evaluate all information concerning this corporate event(s). The determination to adjust options and the nature of any adjustment is made by a panel of The OCC Securities Committee pursuant to OCC By-Laws, Article VI, Sections 11 and 11A. The adjustment panel is comprised of representatives from OCC and each exchange which trades the affected option. The determination to adjust futures and the nature of any adjustment is made by OCC pursuant to OCC ByLaws, Article XII, Sections 3, 4, or 4A, as applicable. For both options and futures, each adjustment decision is made on a case by case basis. Adjustment decisions are based on information available at the time and are subject to change as additional information becomes available or if there are material changes to the terms of the corporate event(s) occasioning the adjustment. ALL questions For CLEARING MEMBERS regardingARE thisREQUESTED memo, call TO 1-888-OPTIONS IMMEDIATELY ADVISE or email ALL [email protected] BRANCH OFFICES AND CORRESPONDENTS ON THE ABOVE. Questions regarding this memo can be addressed to Member Services at (800) 544-6091. Within Canada call (800) 424-7320.