Transaction Details

Footnotes

Reporting Person exercised his right to substitute the corpus of the trust and withdrew the shares from the trust. | The Class B Common Stock is convertible at the Reporting Person's election and has no expiration date. | After giving effect to the transactions reported on this Form 4, the Reporting Person directly owns 6,911,072.227 shares of Class B Common Stock. | The Reporting Person also directly owns (i) 1,823,783 shares of Class A Common Stock (ii) 526,574 shares of Class A Common Stock issued as Restricted Stock, and (iii) 20,060.183108 shares of Class A Common Stock held in a 40l(k) unitized stock fund. The Reporting Person indirectly owns (i) 28,160 shares of Class A Common Stock held in separate custodial accounts established by the Reporting Person f/b/o family members of which the Reporting Person is the custodian, (ii) 338,400 shares of Class A Common Stock held by trusts f/b/o family members of which the Reporting Person is a trustee, (iii) 162,553 shares of Class A Common Stock held by a limited liability company controlled by the Reporting Person, and (iv) 803,178 shares of Class A Common Stock held f/b/o of David D. Smith Family Foundation, Inc., which the Reporting Person controls, but does not derive any benefit.