Shareholders of GKNT sometimes own their stock under what's referred to as a "street name" through their broker. Occasionally, shareholders do not receive their certificates unless specifically requested. To avoid this at the time of purchasing stock, please advise your broker that you would like to "hold the physical certificate". This will ensure that you will obtain the stock certificate, as well as all shareholder materials. If this scenario has already occurred, please contact the original broker or investment institution that handled the transaction.
If you are a registered stockholder, all matters concerning address changes, stock transfers, and lost securities for common stock should be brought to the attention of our Company's transfer agent. Please notify by phone or mail: ComputerShare (Transfer Agent) (781) 575-3400. You can also access and manage your account online at http://www.computershare.com/investor. To request an initial password to access your account, click on the "Mail New Password" link on the right side of the "Account Access" login screen and enter the Geeknet stock issue number, 196810, and your Social Security number, then follow the prompts.
Geeknet stockholders approved a 'one for ten' reverse split of Geeknet common stock at a special stockholders meeting October 14, 2010. A reverse stock split reduces the total number of a company's issued and outstanding common shares. As a result of the reduction in the number of common shares, the price per common share increases upon completion of a reverse stock split.
The reverse stock split went into effect on November 10, 2010. For the first 20 days following the split, NASDAQ added a 'D' to the ticket symbol to signify the change. The 'D' will be removed on December 8, 2010.
On February 14, 2011, Geeknet initiated a voluntary program through which shareholders owning fewer than 100 shares of Geeknet common stock may either sell all their shares directly to the company or purchase additional shares to increase their holdings to 100 shares. Geeknet paid the transaction costs associated with this Program. The Program ran until April 29, 2011.
If your Geeknet shares of common stock are held in a brokerage account, your broker is authorized to exchange the shares for you and the number of shares you own after the split should be reflected in your account. You can contact your broker for more information.
If you hold the stock certificates yourself, you will receive a letter from ComputerShare, Geeknet's transfer agent, outlining how you must send your certificates back to ComputerShare to exchange them for new certificates. You should receive the information in the mail in about a week after the reverse stock split takes effect. You can contact ComputerShare and Trust for more information by calling (781) 575-3400.