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SCHEDULE I
Underwriter: Deutsche Bank Securities Inc.
Indenture: Indenture dated as of November 25,2009 between the Company and theTrustee, as supplemented by the FirstSupplemental Indenture, to be datedas of November 25, 2009, between theCompany and the Trustee
Trustee: Law Debenture Trust Company of NewYorkRegistration Statement Registration Statement on Form F-3File No.: (File No. 333-146540)Time of Sale Prospectus Prospectus dated October 17, 2008
relating to the Shelf Securities The preliminary prospectussupplement dated November 17, 2009relating to the Securities Term Sheet dated November 19, 2009
Securities to be 5.00% Convertible Senior Notes duepurchased: 2014
Aggregate Principal $400,000,000 Amount of FirmSecurities:
Aggregate Principal $60,000,000 Amount of AdditionalSecurities:Purchase Price: 97% of the principal amount of the
Securities, plus accrued interest, if any, from November 25, 2009
Maturity: December 1, 2014Interest Rate: 5.00% per annum, accruing from
November 25, 2009Interest Payment Dates: June 1 and December 1 of each year,
commencing June 1, 2010Closing Date and Time: November 25, 2009 at 10:00 a.m., New
York City timeClosing Location: Morgan, Lewis & Bockius LLP
101 Park AvenueNew York, New York 10019
Address for Notices to Deutsche Bank Securities Inc.Underwriter: 60 Wall Street
Date Filed: Nov 25, 2009
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE1Form Type: 6-KPeriod End: Nov 30, 2009
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New York, New York 10005 Attention: Equity Capital Markets -Syndicate Deskwith a copies to:Deutsche Bank Securities Inc.60 Wall Street
New York, New York 10005 Attention: General Counsel
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VESSELS
Country of Ship-Owning Subsidiaries with Incorporation VesselVessels in Operations
1.00 Malvina Shipping Company Limited Malta Coronado2.00 Arleta Navigation Company Malta Xanadu
Limited3.00 Selma Shipping Company Limited Malta La Jolla4.00 Samsara Shipping Company Limited Malta Ocean
Crystal5.00 Farat Shipping Company Limited Malta Toro6.00 Borsari Shipping Company Limited Malta Catalina7.00 Onil Shipping Company Limited Malta Padre8.00 Fabiana Navigation Company Malta Alameda
Limited9.00 Karmen Shipping Company Limited Malta Sonoma
10.00 Thelma Shipping Company Limited Malta Manasota11.00 Celine Shipping Company Limited Malta Mendocino12.00 Lotis Traders Inc. Marshall Delray
Islands13.00 Tempo Marine Co. Marshall Maganari
Islands14.00 Star Record Owning Company Marshall Ligari
Limited Islands15.00 Argo Owning Company Limited Marshall Redondo
Islands
16.00 Rea Owning Company Limited Marshall EcolaIslands
17.00 Gaia Owning Company Limited Marshall SamsaraIslands
18.00 Kronos Owning Company Limited Marshall PrimeraIslands
19.00 Trojan Maritime Co. Marshall BrisbaneIslands
20.00 Dione Owning Company Limited Marshall Marbella
Schedule I-2-------------------------------------------------------------------------------------------------------------------------------------
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE2Form Type: 6-KPeriod End: Nov 30, 2009
Date Filed: Nov 25, 2009
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Islands21.00 Phoebe Owning Company Limited Marshall Majorca
Islands22.00 Uranus Owning Company Limited Marshall Levanto (ex.
Islands HeinrichOldendorff)
23.00 Selene Owning Company Limited Marshall BargaraIslands
24.00 Tethys Owning Company Limited Marshall CapitolaIslands
25.00 Ioli Owning Company Limited Marshall Paros IIslands
26.00 Iason Owning Company Limited Marshall OregonIslands
27.00 Orpheus Owning Company Limited Marshall AvocaIslands
28.00 Team up Owning Company Limited Marshall SaldanhaIslands
29.00 Iokasti Owning Company Limited Marshall Pachino (ex.Islands VOC Galaxy)30.00 Boone Star Owners Inc. Marshall Samatan
Islands31.00 Norwalk Star Owners Inc. Marshall Capri
Islands32.00 Ionian Traders Inc. Marshall Positano
Islands33.00 NT LLC Investors Ltd. Marshall Conquistador
Islands34.00 Dalian Star Owners Inc. Marshall Mystic
Islands35.00 Aegean Traders Inc. Marshall Sorrento
Islands36.00 Cretan Traders Inc. Marshall Flecha
Islands37.00 Monteagle Shipping S.A. Marshall Oliva
Islands38.00 Roscoe Marine Ltd. Marshall Rapallo
Islands39.00 Iguana Shipping Company Limited Malta Iguana
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SCHEDULE II
Flag State
MaltaMalta
MaltaMalta
MaltaMaltaMaltaMalta
MaltaMaltaMaltaMalta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
------------------------
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Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
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Ship-Owning Subsidiaries withVessels under Construction
40.00 Drillship Hydra Owners Inc. Marshall Islands DrillshipHull 1837
41.00 Drillship Paros Owners Inc. Marshall Islands Drillship
Hull 183842.00 Drillship Kithira Owners Inc. Marshall Islands DrillshipHull 1865
43.00 Drillship Skopelos Owners Inc. Marshall Islands DrillshipHull 1866
Ship-Owning Subsidiaries withVessels Sold
44.00 Felicia Navigation Company Malta SolanaLimited
45.00 Zatac Shipping Company Limited Malta Waikiki46.00 Atlas Owning Company Limited Marshall Islands Menorca47.00 Maternal Owning Company Limited Marshall Islands Lanzarote48.00 Royerton Shipping Company Malta Netadola
Limited49.00 Lancat Shipping Company Limited Malta Matira50.00 Paternal Owning Company Limited Marshall Islands Formentera51.00 Fago Shipping Company Limited Malta Lanikai52.00 Hydrogen Shipping Company Malta Mostoles
Limited53.00 Madras Shipping Company Limited Malta Alona54.00 Seaventure Shipping Limited Marshall Islands Hille
Oldendorff 55.00 Classical Owning Company Limited Marshall Islands Delray56.00 Oxygen Shipping Company Limited Malta Shibumi
57.00 Human Owning Company Limited Marshall Islands Estepona58.00 Helium Shipping Company Limited Malta Striggla59.00 Blueberry Shipping Company Malta Panormos
Limited60.00 Platan Shipping Company Limited Malta Daytona61.00 Silicon Shipping Company Limited Malta Flecha62.00 Tolan Shipping Company Limited Malta Tonga63.00 Lansat Shipping Company Limited Malta Paragon64.00 Annapolis Shipping Company Malta Lanikai
Schedule II-1-----------------------------------------------------------------------------------------------------------------------------------
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE3Form Type: 6-KPeriod End: Nov 30, 2009
Date Filed: Nov 25, 2009
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Limited (exLacerta)
Ocean Rig's Subsidiaries65.00 Ocean Rig ASA Norway
66.00 Ocean Rig Norway AS Norway67.00 Ocean Rig AS Norway68.00 Ocean Rig UK Ltd United Kingdom69.00 Ocean Rig Ltd United Kingdom70.00 Ocean Rig Ghana Ltd Ghana71.00 Ocean Rig USA AS Norway72.00 Ocean Rig 1 AS Norway73.00 Ocean Rig 2 AS Norway74.00 Ocean Rig Canada Inc. Canada75.00 Ocean Rig North Sea AS Norway76.00 Ocean Rig 1 Inc. Marshall Islands Leiv
Eiriksson
77.00 Ocean Rig 2 Inc. Marshall Islands EirikRaude78.00 Drill Rigs Holding Inc. Marshall Islands79.00 Primelead Holding Inc. Marshall Islands80.00 Ocean Rig Operations Inc. Marshall Islands81.00 Ocean Rig North Sea Inc. Marshall Islands82.00 Ocean Rig 1 Shareholders Inc. Marshall Islands83.00 Ocean Rig 2 Shareholders Inc. Marshall Islands84.00 Primelead Limited Cyprus85.00 Ocean Rig UDW Inc. Marshall Islands86.00 Drillships Investments Inc. Marshall Islands87.00 Drillships Holding Inc. Marshall Islands
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---------------
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Bahamas
Bahamas
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Other Subsidiaries88.00 Wealth Management Inc. Marshall Islands89.00 Kerkyra Traders Inc. Marshall Islands90.00 Thrasymachus Challenge Inc. Marshall Islands
91.00 Hippias Challenge Inc. Marshall Islands92.00 Prodicus Challenge Inc. Marshall Islands93.00 Gorgias Challenge Inc. Marshall Islands94.00 Callicles Challenge Inc. Marshall Islands95.00 Antiphon Challenge Inc. Marshall Islands96.00 Protagoras Challenge Inc. Marshall Islands97.00 Lycophron Challenge Inc. Marshall Islands98.00 Tinos Traders Inc. Marshall Islands99.00 Sifnos Traders Inc. Marshall Islands
100.00 Thassos Traders Inc. Marshall Islands101.00 Milos Traders Inc. Marshall Islands102.00 Pounta Traders Inc. Marshall Islands103.00 Kallikrates Owning Company Limited Marshall Islands104.00 Iktinos Owning Company Limited Marshall Islands
Schedule II-2---------------------------------------------------------------------------------------------------------------------
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE4Form Type: 6-KPeriod End: Nov 30, 2009
Date Filed: Nov 25, 2009
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SCHEDULE I
Time of Sale Prospectus Prospectus dated October 17, 2008 relatingto the Shelf Securities The preliminary prospectus supplement datedNovember 17, 2009 relating to the Shares Term Sheet dated November 19, 2009
Securities to be purchased: 26,100,000 shares of Common Stock
Closing Date and Time: November 25 10:00 a.m., New York City timeClosing Location: Morgan, Lewis & Bockius LLP101 Park AvenueNew York, New York 10178
Address for Notices to the Deutsche Bank Securities Inc.Underwriter: 60 Wall Street
New York, New York 10005 Attention: Equity Capital Markets - SyndicateDesk
with a copies to:
Deutsche Bank Securities Inc.60 Wall StreetNew York, New York 10005
Attention: General Counsel
and
Morgan, Lewis & Bockius LLP101 Park AvenueNew York, New York 10178
Attention: Stephen P. Farrell, Esq.
and
Cleary Gottlieb Steen & Hamilton LLPOne Liberty PlazaNew York, NY 10006
Attention: Leslie Silverman, Esq.
Borrower: Winchester house
Date Filed: Nov 25, 2009
Registration Statement File No.: Registration Statement on Form F-3 (File No.333-146540)
Address for Notices to the Share Deutsche Bank AG, London Branch
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE5Form Type: 6-KPeriod End: Nov 30, 2009
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1 Great Winchester StreetLondon, UK EC2N 2DB
with a copy to:
Deutsche Bank Securities Inc.
60 Wall StreetNew York, New York 10005
Attention: General Counsel
Address for Notices to the DDryShips Inc.Company: 80 Kifissias Avenue
Amaroussa 15125 Athens, Greece Attention: Chief Executive Officer
with a copy to:
Seward & Kissel LLPOne Battery Park PlazaNew York, New York 10004
Attention: Gary J. Wolfe, Esq.
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VESSELS
Country of Ship-Owning Subsidiaries with Incorporation VesselVessels in Operations
1.00 Malvina Shipping Company Limited Malta Coronado2.00 Arleta Navigation Company Malta Xanadu
Limited
3.00 Selma Shipping Company Limited Malta La Jolla4.00 Samsara Shipping Company Limited Malta OceanCrystal
5.00 Farat Shipping Company Limited Malta Toro6.00 Borsari Shipping Company Limited Malta Catalina7.00 Onil Shipping Company Limited Malta Padre8.00 Fabiana Navigation Company Malta Alameda
Limited9.00 Karmen Shipping Company Limited Malta Sonoma
10.00 Thelma Shipping Company Limited Malta Manasota11.00 Celine Shipping Company Limited Malta Mendocino12.00 Lotis Traders Inc. Marshall Delray
Islands13.00 Tempo Marine Co. Marshall Maganari
Islands14.00 Star Record Owning Company Marshall Ligari
Limited Islands15.00 Argo Owning Company Limited Marshall Redondo
Islands16.00 Rea Owning Company Limited Marshall Ecola
Islands17.00 Gaia Owning Company Limited Marshall Samsara
Islands18.00 Kronos Owning Company Limited Marshall Primera
Islands
19.00 Trojan Maritime Co. Marshall BrisbaneIslands
20.00 Dione Owning Company Limited Marshall MarbellaIslands
21.00 Phoebe Owning Company Limited Marshall MajorcaIslands
22.00 Uranus Owning Company Limited Marshall Levanto (ex.Islands Heinrich
Oldendorff)
Date Filed: Nov 25, 2009
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE6Form Type: 6-KPeriod End: Nov 30, 2009
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SCHEDULE II
Flag State
MaltaMalta
MaltaMalta
MaltaMaltaMaltaMalta
MaltaMaltaMaltaMalta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
Malta
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Ship-Owning Subsidiaries withVessels under Construction
40.00 Drillship Hydra Owners Inc. Marshall Islands DrillshipHull 1837
41.00 Drillship Paros Owners Inc. Marshall Islands Drillship
Hull 183842.00 Drillship Kithira Owners Inc. Marshall Islands DrillshipHull 1865
43.00 Drillship Skopelos Owners Inc. Marshall Islands DrillshipHull 1866
Ship-Owning Subsidiaries withVessels Sold
44.00 Felicia Navigation Company Malta SolanaLimited
45.00 Zatac Shipping Company Limited Malta Waikiki46.00 Atlas Owning Company Limited Marshall Islands Menorca47.00 Maternal Owning Company Limited Marshall Islands Lanzarote48.00 Royerton Shipping Company Malta Netadola
Limited49.00 Lancat Shipping Company Limited Malta Matira50.00 Paternal Owning Company Limited Marshall Islands Formentera51.00 Fago Shipping Company Limited Malta Lanikai52.00 Hydrogen Shipping Company Malta Mostoles
Limited53.00 Madras Shipping Company Limited Malta Alona54.00 Seaventure Shipping Limited Marshall Islands Hille
Oldendorff 55.00 Classical Owning Company Limited Marshall Islands Delray56.00 Oxygen Shipping Company Limited Malta Shibumi
57.00 Human Owning Company Limited Marshall Islands Estepona58.00 Helium Shipping Company Limited Malta Striggla59.00 Blueberry Shipping Company Malta Panormos
Limited60.00 Platan Shipping Company Limited Malta Daytona61.00 Silicon Shipping Company Limited Malta Flecha62.00 Tolan Shipping Company Limited Malta Tonga63.00 Lansat Shipping Company Limited Malta Paragon64.00 Annapolis Shipping Company Malta Lanikai
Schedule II-1-----------------------------------------------------------------------------------------------------------------------------------
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE7Form Type: 6-KPeriod End: Nov 30, 2009
Date Filed: Nov 25, 2009
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Limited (exLacerta)
Ocean Rig's Subsidiaries65.00 Ocean Rig ASA Norway
66.00 Ocean Rig Norway AS Norway67.00 Ocean Rig AS Norway68.00 Ocean Rig UK Ltd United Kingdom69.00 Ocean Rig Ltd United Kingdom70.00 Ocean Rig Ghana Ltd Ghana71.00 Ocean Rig USA AS Norway72.00 Ocean Rig 1 AS Norway73.00 Ocean Rig 2 AS Norway74.00 Ocean Rig Canada Inc. Canada75.00 Ocean Rig North Sea AS Norway76.00 Ocean Rig 1 Inc. Marshall Islands Leiv
Eiriksson
77.00 Ocean Rig 2 Inc. Marshall Islands EirikRaude78.00 Drill Rigs Holding Inc. Marshall Islands79.00 Primelead Holding Inc. Marshall Islands80.00 Ocean Rig Operations Inc. Marshall Islands81.00 Ocean Rig North Sea Inc. Marshall Islands82.00 Ocean Rig 1 Shareholders Inc. Marshall Islands83.00 Ocean Rig 2 Shareholders Inc. Marshall Islands84.00 Primelead Limited Cyprus85.00 Ocean Rig UDW Inc. Marshall Islands86.00 Drillships Investments Inc. Marshall Islands87.00 Drillships Holding Inc. Marshall Islands
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---------------
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Bahamas
Bahamas
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Other Subsidiaries88.00 Wealth Management Inc. Marshall Islands89.00 Kerkyra Traders Inc. Marshall Islands90.00 Thrasymachus Challenge Inc. Marshall Islands
91.00 Hippias Challenge Inc. Marshall Islands92.00 Prodicus Challenge Inc. Marshall Islands93.00 Gorgias Challenge Inc. Marshall Islands94.00 Callicles Challenge Inc. Marshall Islands95.00 Antiphon Challenge Inc. Marshall Islands96.00 Protagoras Challenge Inc. Marshall Islands97.00 Lycophron Challenge Inc. Marshall Islands98.00 Tinos Traders Inc. Marshall Islands99.00 Sifnos Traders Inc. Marshall Islands
100.00 Thassos Traders Inc. Marshall Islands101.00 Milos Traders Inc. Marshall Islands102.00 Pounta Traders Inc. Marshall Islands103.00 Kallikrates Owning Company Limited Marshall Islands104.00 Iktinos Owning Company Limited Marshall Islands
0.00
Schedule II-2---------------------------------------------------------------------------------------------------------------------
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE8Form Type: 6-KPeriod End: Nov 30, 2009
Date Filed: Nov 25, 2009
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Section 1.02 Other Definitions.
Term Defined in Section"Additional Shares" 5.02(a)"Change of Control" 4.01(a)"Closing Sale Price Condition" 6.01(a)"Conversion Agent" 2.03"Conversion Date" 6.02"Conversion Notice" 6.02
"Conversion Obligation" 6.02"Conversion Period" 6.05(b)"Conversion Price" 6.06"Daily Conversion Value" 6.05(b)"Daily Measurement Value" 6.05(b)"Daily Net Share Settlement Value" 6.05(b)"Daily Settlement Amount" 6.05(b)"Daily VWAP" 6.05(b)"Effective Date" 5.02(a)"Expiration Date" 6.06(e)"Expiration Time" 6.06(e)"Fundamental Change" 4.01(a)"Fundamental Change Purchase Date" 4.01(a)
"Fundamental Change Purchase Price" 4.01(a)"Interest Payment Date" 5.01(a)"Make Whole Adjustment Event" 5.02(a)
"Merger Event" 6.12"Reference Property" 6.12(a)"Record Date" 5.01(a)"Settlement Method" 6.05(a)"Specified Dollar Amount" 6.05(b)"Spin-Off" 6.06(c)"Stock Price" 5.02(a)
"Termination of Trading" 4.01(a)"Unissued Shares" 4.01(a)"Valuation Period" 6.06(c)"Weighted Average Consideration" 6.12(c)
"Fundamental Change Purchase Notice" 4.01(c)
"Make Whole Adjustment Event Period" 5.02(a)
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE9Form Type: 6-KPeriod End: Nov 30, 2009
Date Filed: Nov 25, 2009
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EffectiveDate 5.75$ 6.00$ 7.00$ 8.00$ 9.00$ 10.00$November 25, 2009 34.78 32.23 24.54 19.68 16.35 13.91December 1,
2010 34.78 30.60 22.30 17.40 14.24 12.03December 1,
2011 34.78 29.09 19.76 14.69 11.70 9.76December 1,
2012 34.78 27.70 16.69 11.29 8.54 6.97December 1,2013 34.78 27.61 12.11 6.57 4.49 3.60
December 1,2014 34.78 27.52 3.72 0.00 0.00 0.00
Date Filed: Nov 25, 2009
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE10Form Type: 6-KPeriod End: Nov 30, 2009
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Stock Price
12.50$ 15.00$ 20.00$ 25.00$ 30.00$ 35.00$ 40.00$ 50.00$
9.83 7.26 4.13 2.36 1.28 0.63 0.25 0.00
8.50 6.31 3.65 2.11 1.16 0.57 0.22 0.00
6.86 5.13 3.02 1.78 0.99 0.49 0.18 0.00
4.89 3.69 2.21 1.33 0.76 0.38 0.14 0.00
2.57 1.96 1.19 0.73 0.43 0.22 0.07 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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CP = CP0 OS0OS
where
CP0 = the Conversion Price in effect immediately prior to the open of business on the Ex-Dividend Datefor such dividend or distribution, or immediately
prior to the open of business on the effectivedate of such subdivision or combination of CommonStock, as the case may be;
Date Filed: Nov 25, 2009
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE11Form Type: 6-KPeriod End: Nov 30, 2009
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CP = the Conversion Price in effect immediately after the open of business on the Ex-Dividend Date for such dividend or distribution, or immediatelyafter the open of business on the effective dateof such subdivision or combination of CommonStock, as the case may be;
OS0 = the number of shares of Common Stock outstandingimmediately prior to the open of business on theEx-Dividend Date for such dividend or
distribution, or immediately prior to the open of business on the effective date of such subdivisionor combination of Common Stock, as the case maybe; and
OS = the number of shares of Common Stock outstandingimmediately after such dividend or distribution,or immediately after the effective date of suchsubdivision or combination of Common Stock, as thecase may be.
Date Filed: Nov 25, 2009
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE12Form Type: 6-KPeriod End: Nov 30, 2009
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CP = CP0 OS0 + YOS0 + X
where
CP0 = the Conversion Price in effect immediately prior to the open of business on the Ex-Dividend Datefor such distribution;
CP = the Conversion Price in effect immediately after the open of business on the Ex-Dividend Date for such distribution;
Date Filed: Nov 25, 2009
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE13Form Type: 6-KPeriod End: Nov 30, 2009
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OS0 = the number of shares of the Common Stock that areoutstanding immediately prior to the open of business on the Ex-Dividend Date for suchdistribution;
X = the total number of shares of the Common Stockissuable pursuant to such rights, options or warrants; and
Y = the number of shares of the Common Stock equal tothe aggregate price payable to exercise suchrights, options or warrants, divided by theaverage of the Closing Sale Prices of Common Stockover the 10 consecutive Trading Day period endingon, and including, the Trading Day immediatelypreceding the Ex-Dividend Date relating to suchdistribution.
Date Filed: Nov 25, 2009
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE14Form Type: 6-KPeriod End: Nov 30, 2009
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CP = CP0 SP0 - FMVSP0
where
CP0 = the Conversion Price in effect immediately prior to the open of business on the Ex-Dividend Datefor such distribution;
CP = the Conversion Price in effect immediately after the open of business on the Ex-Dividend Date for such distribution.
SP0 = the average of the Closing Sale Prices of theCommon Stock over the 10 consecutive Trading Dayperiod ending on, and including, the Trading Dayimmediately preceding the Ex-Dividend Date for such distribution; and
FMV = the fair market value (as determined by the Boardof Directors) of the shares of Capital Stock,evidences of indebtedness, assets or propertydistributed with respect to each outstanding shareof the Common Stock as of the open of business onthe Ex-Dividend Date for such distribution.
25-----------------------------------------------------------------------------------------------------------------------------------------------
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE15Form Type: 6-KPeriod End: Nov 30, 2009
Date Filed: Nov 25, 2009
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CP = CP0 MP0FMV + MP0
where
CP0 = the Conversion Price in effect immediately prior to the open of business on the Ex-Dividend Datefor the Spin-Off;
CP = the Conversion Price in effect immediately after the open of business on the Ex-Dividend Date for the Spin-Off;
FMV = the average of the Closing Sale Prices of theCapital Stock or similar equity interestsdistributed to holders of the Common Stockapplicable to one share of the Common Stock over the first 10 consecutive Trading Day periodimmediately following, and including, theEx-Dividend Date for the Spin-Off (such period,the "Valuation Period"), and
Date Filed: Nov 25, 2009
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE16Form Type: 6-KPeriod End: Nov 30, 2009
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CP = CP0 SP0 - CSP0
where
CP0 = the Conversion Price in effect immediately prior to the open of business on the Ex-Dividend Datefor such dividend or distribution;
CP = the Conversion Rate in effect immediately after the open of business on the Ex-Dividend Date for such dividend or distribution;
SP0 = the average of the Closing Sale Prices of theCommon Stock over the 10 consecutive Trading Dayperiod ending on, and including, the Trading Dayimmediately preceding the Ex-Dividend Date for such dividend or distribution; and
C = the amount in cash per share the Company pays or distributes to holders of its Common Stock.
Date Filed: Nov 25, 2009
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE17Form Type: 6-KPeriod End: Nov 30, 2009
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CP = CP0 OS0 x SP AC + (OS x SP)
where
CP0 = the Conversion Price in effect immediately prior to the open of business on the Trading Day nextsucceeding the Expiration Date;
CP = the Conversion Price in effect immediately after the open of business on the Trading Day nextsucceeding the Expiration Date;
AC = the aggregate value of all cash and any other consideration (as determined by the Board of Directors) paid or payable for shares of CommonStock purchased in such tender or exchange offer;
OS0 = the number of shares of Common Stock outstandingimmediately prior to the time (the "ExpirationTime") such tender or exchange offer expires(prior to giving effect to such tender offer or exchange offer);
OS = the number of shares of Common Stock outstandingimmediately after the Expiration Time (after giving effect to such tender offer or exchangeoffer); and
SP = the average of the Closing Sale Prices of CommonStock over the 10 consecutive Trading Day periodcommencing on, and including, the Trading Day nextsucceeding the Expiration Date.
Date Filed: Nov 25, 2009
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE18Form Type: 6-KPeriod End: Nov 30, 2009
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this global Security have been made:
Principal Amountof this Global Amount of Amount of Security Decrease in Increase inFollowing Such Principal Principal
Decrease Date Authorized Amount Amountof Exchange Signatory of of this Global of this Global(or Increase) Trustee Security Security
SCHEDULE OF EXCHANGES OF NOTES
The following exchanges, redemptions, repurchases or conversions of a part of
Created by EDGAR Online, Inc.
DRYSHIPS INC.TABLE19Form Type: 6-KPeriod End: Nov 30, 2009
Date Filed: Nov 25, 2009
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