At the closing of the merger transaction (currently anticipated for the second quarter of this year), the Hillman Trust will redeem all outstanding trust preferred securities. Each trust preferred security will be redeemed for an amount equal to $25 per security plus accrued and unpaid distributions. Sometime prior to closing, once the closing date has been determined, holders of Hillman’s trust preferred securities will receive a redemption notice indicating the terms of the redemption and any actions required to be taken in connection with same.