After the offering | ||||||||||||||||||||
(assuming all shares of | ||||||||||||||||||||
common stock being offered | ||||||||||||||||||||
hereby are sold) | ||||||||||||||||||||
Prior to the offering | Number of | |||||||||||||||||||
Number of | Percent of | Number of | shares of | Percent of | ||||||||||||||||
shares of | shares of | shares of | common | shares of | ||||||||||||||||
common stock | common | common stock | stock | common | ||||||||||||||||
beneficially | stock | being registered | beneficially | stock | ||||||||||||||||
Name of Selling Stockholder | owned | outstanding | for resale | Owned | outstanding | |||||||||||||||
The Angel Oaks Foundation(1) |
2,000 | * | 2,000 | -0- | | |||||||||||||||
Mark R. Bernstein(2) |
252,157 | (3) | * | 252,157 | (3) | -0- | | |||||||||||||
Judith T. Carpenter(1) |
1,628,685 | (4) | 2 | % | 1,628,685 | (4) | -0- | | ||||||||||||
Judith T. Carpenter Charitable Remainder
Unitrust(1) |
577,000 | * | 577,000 | -0- | | |||||||||||||||
Judith T. Carpenter Amended and Restated Trust(1) |
565,000 | * | 565,000 | -0- | | |||||||||||||||
Foundation for the Carolinas |
490 | * | 490 | -0- | | |||||||||||||||
Richard A. Lake and Sheila J. Lake, as joint
tenants(5) |
2,317 | * | 2,317 | -0- | | |||||||||||||||
James A. Turner, Jr. Revocable Trust(6) |
248,500 | * | 248,500 | -0- | |
* | Represents less than 1% of the total aggregate amount of Airgas shares outstanding as of December 18, 2007. | |
(1) | Judith T. Carpenter is a trustee under the James A. Turner, Jr. Revocable Trust and the James A. Turner, Jr. Insurance Trust and has shared voting and dispositive powers under such trusts. Ms. Carpenter is also the sole trustee under the Judith T. Carpenter Charitable Remainder Unitrust and the Judith T. Carpenter Amended and Restated Trust and has sole voting and dispositive powers under such trusts. Ms. Carpenter is also a member of the Board of Directors and the President of The Angel Oaks Foundation. She served as Chairman of the Board of Directors of National Welders from 1998 until July 3, 2007. | |
(2) | Mark R. Bernstein is a trustee under the James A. Turner, Jr. Revocable Trust and the James A. Turner, Jr. Insurance Trust and has shared voting and dispositive powers under such trusts. He served as a member of the Board of Directors of National Welders from 1996 until July 3, 2007. | |
(3) | Includes (i) 3,657 shares directly held by Mr. Bernstein, and (ii) 248,500 shares held by the James A. Turner, Jr. Revocable Trust, as to which Mr. Bernstein disclaims beneficial ownership. | |
(4) | Includes (i) 236,185 shares directly held by Ms. Carpenter, (ii) 248,500 shares held by the James A. Turner, Jr. Revocable Trust, (iii) 577,000 shares held by the Judith T. Carpenter Charitable Remainder Unitrust, (iv) 565,000 shares held by the Judith T. Carpenter Amended and Restated Trust, and (v) 2,000 shares held by The Angel Oaks Foundation. |
(5) | Mr. Lake served as a member of the Board of Directors of National Welders from 2004 to July 3, 2007. | |
(6) | Mark R. Bernstein and Judith T. Carpenter are trustees of the James A. Turner, Jr. Revocable Trust and they share voting and dispositive power over the shares of common stock held by the trust. |