Item 4 — Purpose of Transaction
Item 3 above is hereby incorporated into this Item 4 by reference. The Reporting Person acquired the securities reported herein for investment purposes and in connection with his service as the Chief Executive Officer and a member of the Board of Directors of the Issuer. In his capacity as Chief Executive Officer and a member of the Board of Directors of the Issuer, the Reporting Person is involved in the management of the Issuer and may have influence over the Issuer's corporate activities, including activities which may relate to the matters described in clauses (a) through (j) of Item 4 of Schedule 13D. As of the date hereof, the Reporting Person, in his individual capacity, does not have any present plans or proposals that relate to, or would result in, any actions or events specified in clauses (a) through (j) of Item 4 to Schedule 13D. The Reporting Person may, at any time and from time to time, (i) review or reconsider his position in the Issuer or change his purpose or formulate plans or proposals with respect thereto or (ii) propose or consider one or more of the actions described in clauses (a) through (j) of Item 4 to Schedule 13D. From time to time, the Reporting Person may also acquire beneficial ownership of additional Common Shares or other securities of the Issuer as compensation from the Issuer, by purchase or otherwise, including, but not limited to, awards of restricted Common Shares, options to purchase Common Shares, and restricted stock units for Common Shares, or dispose of some or all of the Common Shares beneficially owned by the Reporting Person in the open market or in privately negotiated transactions (which may be with the Issuer or with third parties) on such terms and at such times as the Reporting Person may deem advisable.