OCC Infomemo #31127 - LKQ CORPORATION - The Options

OCC Infomemo #31127 - LKQ CORPORATION - The Options

#31127 Back to Infomemo Search TO: ALL CLEARING MEMBERS DATE: AUGUST 22, 2012 SUBJECT: LKQ CORPORATION - 2 FOR 1 STOCK SPLIT OPTION SYMBOL: LKQ EX...

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#31127

Back to Infomemo Search TO: ALL CLEARING MEMBERS DATE:

AUGUST 22, 2012

SUBJECT:

LKQ CORPORATION - 2 FOR 1 STOCK SPLIT OPTION SYMBOL: LKQ EX-DATE: 9/19/2012

LKQ Corporation (LKQ) has announced a 2 for 1 stock split. The Ex-distribution Date is September 19, 2012. The Payable Date is September 18, 2012. The Record Date is August 28, 2012. Pursuant to Article VI, Section 11A, of OCC's By-Laws, all LKQ Corporation options will be adjusted as follows: CONTRACT ADJUSTMENT Effective Date:

Sepetmber 19, 2012

Option Symbols:

LKQ remains LKQ

New Multiplier:

100 (e.g., for premium or strike dollar extensions 1.00 will equal $100)

Contract Multiplier:

2

Strike Divisor:

2

New Deliverable Per Contract:

100 LKQ Corporation (LKQ) Common Shares

CUSIP:

501889208 OLD STRIKE 15.00 17.50 20.00 22.50

NEW STRIKE 7.50 8.75 10.00 11.25

25.00 30.00 35.00 40.00 45.00 50.00 55.00

12.50 15.00 17.50 20.00 22.50 25.00 27.50

DISCLAIMER 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 By-Laws, 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.

CATEGORY: CONTRACT ADJUSTMENT ALL CLEARING MEMBERS ARE REQUESTED TO IMMEDIATELY ADVISE ALL BRANCH OFFICES AND CORRESPONDENTS ON THE ABOVE.

For questions regarding this memo, call 1-888-OPTIONS or email [email protected]

Questions regarding this memo can be addressed to Member Services at (800) 544-6091. Within Canada call (800) 424-7320. CATEGORY: CONTRACT ADJUSTMENT