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described herein are provided under the “DTCC” brand name by certain affiliates of The Depository Trust &
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WARI:

Introduction
Overview

The Warrants Inquiry (WARI) function allows individual participants and group users to inquire
about warrants and associated transactions.

Use WARI for inquiries only; to enter, cancel, or update exercise or reversal instructions, use WARR.

When to Use

Use WARI to view lists of warrant securities for which you may want to submit exercise instructions
via the WARR function.

WARI is available:

• For RTOP users: 12:00 p.m. to 5:00 p.m. eastern standard time
• For non- RTOP users: 8:00 a.m. to 12:00 p.m. eastern standard time.

Associated Products

WARI is used in association with the Warrant Exercises product.

List of Procedures:
Viewing Eligible and Priority Warrants
Use the following procedure to view a list of warrant securities that are currently eligible for exercise
or to view a list of warrants with expiration dates or record dates within the next five business days.

Warning! Important: The list of priority warrants is provided for your reference only. Although
DTCC makes every effort to provide complete and accurate information, DTCC accepts no
responsibility for the information provided on issues included on this list, or for the omission of an
issue from this list.

1 Type REOG on the Enter Function screen and press ENTER.

Result- The Reorg Selection Menu appears.

2 In the Enter Option field, type the number that appears to the left of the WARI function. Type a
CUSIP number in the CUSIP field (optional) , then press ENTER.

Result- The Warrant Inquiry screen appears.

3 Group users only, type a participant number in the Participant field for the warrants you want to
view.
4 Type one of the following in the Enter Option field:

• 1: To view currently eligible warrants

 • 2: To view priority warrants.

5 Optional:

• Type a CUSIP number in the CUSIP field to display warrants for a specific security
• In the Custody Processing field, type one of the values listed on the screen to display
custody warrants (valid only if you have custody access).

Note- Leave the Activity Date field blank.

6 Press ENTER.

Result- The Eligible Warrants screen or the Priority Warrants screen appears, depending on the
selected option.
7 Optional. To view activity information for a specific warrant, type T in the CMD field and press
ENTER.

Result- The Transaction Activity screen appears. Press PF7/19 to return to the previous screen.
8 Optional. On the Eligible Warrants or Priority Warrants screens, to view existing instructions for a
specific warrant, type X in the CMD field and press ENTER.

Result- The Warrant Instruction Detail screen appears.

9 Optional. To view a list of envelope identification numbers and their associated exercise ticket
conditions, press PF2/14.

Result- The Warrant Conditions screen appears.

Viewing New or Updated Warrants

Use the following procedure to view a list of warrants that were added or updated within the last
five business days.

1 Type REOG on the Enter Function screen and press ENTER.

Result- The Reorg Selection Menu appears.

2 In the Enter Option field, type the number that appears to the left of the WARI function. Type a
CUSIP number in the CUSIP field (optional) , then press ENTER.

Result- The Warrant Inquiry screen appears.

3 Group users only, type a participant number in the Participant field for the warrants you want to
view.
4 Type 3 in the Enter Option field, then type values in the following optional fields if desired:

• CUSIP: Enter a CUSIP number to display warrants for a specific security

• Custody Processing: Type one of the values listed on the screen to display custody
warrants (valid only if you have custody access).

Note- Leave the Activity Date field blank.

5 Press ENTER.
 Result- The New/Updated Warrants screen appears.

Note- If a date appears in the Update Date field, you must view the Warrant Instruction Detail
screen for that warrant to obtain the most current information about the warrant. See Viewing
Eligible and Priority Warrants.

Viewing Participant Warrant Activity

Use the following procedure to view your warrant exercise and reversal transactions for the current
day, or (group users only) to view the warrant activity for a specific participant in your group.

1 Type REOG on the Enter Function screen and press ENTER.

Result- The Reorg Selection Menu appears.

2 In the Enter Option field, type the number that appears to the left of the WARI function. Type a
CUSIP number in the CUSIP field (optional) , then press ENTER.

Result- The Warrant Inquiry screen appears.

3 Group users only, type a participant number in the Participant field for the warrants you want to
view.
4 Type 4 in the Enter Option field, then type values in the following optional fields if desired:

• CUSIP: Enter a CUSIP number to display warrants for a specific security

• Custody Processing: Type one of the values listed on the screen to display custody
warrants (valid only if you have custody access).

Note- Leave the Activity Date field blank.

5 Press ENTER.

Result- The Transaction Activity screen appears.

Note- If a date appears in the Update Date field, you must view the Warrant Instruction Detail
screen for that warrant to obtain the most current information about the warrant. See Viewing
Eligible and Priority Warrants.
6 Optional. To view additional details about a specific exercise or reversal transaction, type X in the
CMD field to the left of the desired item and press ENTER.

Result- The Warrant Exercise/Reversal Ticket screen appears. Press PF6/18 to return to the
Transaction Activity screen.

Note- You can also press PF2/14 on the Warrant Exercise/Reversal Ticket screen to display
additional warrant conditions for the selected item, if any exist.

Viewing Protects
Use the following procedure to view protects submitted via the WARRfunction. This option is
available only to participants and group users with protect/cover of protect access.

1 Type REOG on the Enter Function screen and press ENTER.

Result- The Reorg Selection Menu appears.

2 In the Enter Option field, type the number that appears to the left of the WARI function. Type a
CUSIP number in the CUSIP field (optional) , then press ENTER.

Result- The Warrant Inquiry screen appears.

3 Group users only, type a participant number in the Participant field for the protects you want to
view.
4 Type 6 in the Enter Option field, then type values in the following optional fields if desired:

• CUSIP: Enter a CUSIP number to display protects for a specific security

• Custody Processing: Type one of the values listed on the screen to display custody
protects (valid only if you have custody access).

5 Press ENTER.

Result- The Warrant Protect Inquiry screen appears.

Note- This screen is part of the WARR function.

List of Screens:
Eligible Warrants Screen
The Eligible Warrants screen appears when you select option 1 on the Warrant Inquiry screen, and
displays a list of warrant CUSIPs eligible for DTCC's book-entry Warrant Exercises product. Use this
screen to obtain activity or instruction information for a specific warrant.

Sample Screen

MENU HELP

EAAB THE DEPOSITORY TRUST COMPANY DATE: MM/DD/CCYY

00002199-99 ELIGIBLE WARRANTS TIME: HH:MM:SS
============================= NON-CUSTODY ==============================
SKIP TO CUSIP:

WARRANT WARRANT OPTION LOCKED UNDRLY EXPIRATION

CMD CUSIP DESCRIPTION IND OUT AGENT REC DATE DATE
_ F9212D142 WTSTOFINELF8503< 9011 06/14/00 08/05/03
_ G32030119 WTSEURO 30703F + P 2941 03/07/03
_ G3930H120 GWTSREG21504=U= BE+# 9011 02/15/04
_ G3930H146 GWTSGLOBAL21504 BE+# 9011 02/15/04
_ G4481U114 WTSHI120901F=U= - 724 12/09/01
_ G54467116 WTSLEISUREPLANT=U=F- 2941 01/23/01
_ G54467124 WTSLEISUREPLANT=U=F- 2941 01/23/01
_ G6445R111 WTSNEWCHI31005F + 9979 03/10/05
_ M67029112 WTSLANWRE112101F=U=+ 2941 11/21/01
_ M75252110 WTS OPTIS61202F ORD+ 2941 06/12/02
COMMANDS: O - OTHER FUNCTIONS T - TRANSACTION ACTIVITY X - INSTRUCTION DETAIL
...MORE
===============================================================================
ENTER:PROCESS PF6/18:PREVIOUS PF7/19: WARI MENU PF8/20:END FUNCTION
PF9/21:SIGNOFF PF10/22:BACKWARD PF11/23:FORWARD

Field Descriptions
 This field Displays
Menu Bar An access bar that allows you to return to the Reorg Selection
Menu, access Help for this screen, or access other related
functions, if listed. Click below the desired selection, then
press ENTER.

Note -If you do not use a mouse, press HOME, press TAB until
your cursor is below the desired option, then press ENTER.
Skip to CUSIP An entry field that allows you to begin the display with a
specific security. Enter a full or partial CUSIP number.
CMD An entry field that allows you to access one of the following:

• O: The Function Selection screen

• T: The Transaction Activity screen
• X: The Warrant Instruction Detail screen.

Warrant The CUSIP number for each item.

CUSIP
Warrant A brief description of each listed security.
Description
Option Ind Possible values A, B, or space, indicating that more than one
pay rate is available for a given warrant. The pay rate
attached to each value is determined at the time the warrant
is offered.
Locked Out The letter Y if you are not eligible to submit exercises for this
offer.
Agent The Transfer Agent number.
Undrly Rec The next record date for the underlying security.
Date
Expiration The last date on which you can submit warrant exercise
Date instructions for the item.

Function Selection Screen

The Function Selection screen appears when you enter O (Other Functions) in the CMD field on any
of the following screens:

• Eligible Warrants
• Priority Warrants
• New/Updated Warrants
• Transaction Activity.

The CUSIP number of the selected line item is carried over. From this screen, you can access any of
several related functions, allowing you to perform various inquiries and activities for a security
without having to reenter the CUSIP in each function.

Sample Screen

MENU HELP
PLEASE SELECT AN OPTION
EAAG THE DEPOSITORY TRUST COMPANY DATE: MM/DD/CCYY
00002199-99 FUNCTION SELECTION TIME: HH:MM:SS
===============================================================================

CUSIP
---------
123456789

1. ANNOUNCEMENT INQUIRY - DIVA

2. SAME DAY ALLOCATION REPORTING - SDAR
3. REORG INQUIRY FOR PARTICIPANTS - RIPS

ENTER OPTION: __
===============================================================================
ENTER:PROCESS PF6/18:RETURN

Field Descriptions

This field Displays

Menu Bar An access bar that allows you to return to the Reorg Selection
Menu, access Help for this screen, or access other related
functions, if listed. Click below the desired selection, then
press ENTER.

Note -If you do not use a mouse, press HOME, press TAB until
your cursor is below the desired option, then press ENTER.
CUSIP The CUSIP number carried over from the previous screen.
Display Area A list of accessible functions for the selected CUSIP and
activity

Note -If you are not signed up for a listed function, that line
appears in low intensity and the message'Ineligible' appears to
the right. If you select that function, the message'You do not
have the necessary PTS eligibility to access the selected
function' appears at the top of the screen.

For group users, if you are not allowed to access the specified
participant's data for a listed function, that line appears in low
intensity and the message'Not authorized' appears to the
right. If you select that function, the message'Group user not
authorized for displayed participant &selected function combo'
appears at the top of the screen.
Enter Option An entry field that allows you to select the next function you
want to access.

New/Updated Warrants Screen

The New/Updated Warrants screen appears when you select option 3 on the Warrant Inquiry
screen, and displays warrants that were added or updated within the last five business days.
Sample Screen

MENU HELP

EAAD THE DEPOSITORY TRUST COMPANY DATE: MM/DD/CCYY

00002199-99 NEW/UPDATED WARRANTS TIME: HH:MM:SS
============================ NON-CUSTODY =============================
SKIP TO CUSIP:

WARRANT WARRANT OPTION UPDATE CREATION EXPIRATION

CMD CUSIP DESCRIPTION IND AGENT DATE DATE DATE
_ F9212D142 WTSTOFINELF8503< 00009011 06/07/00 08/13/99 08/05/03
_ M90278116 WT TVG TECH8500=U= + 00002941 06/07/00 06/07/00 08/04/00
_ M90278124 WTSTVG TECH8500+U+ + 00002941 06/07/00 06/07/00 08/04/00
_ M90278132 WTSTVG TECH8500=U= + 00002941 06/07/00 06/07/00 08/04/00
_ 00130H113 AES CORP WTS 73100+ 00000923 06/09/00 05/19/00 07/31/00
_ 025278110 WTSAMERCOUNTY083100+ 00002941 06/07/00 06/07/00 08/31/00
_ 025474115 WTS AMER DRUG080500@ 00009009 06/07/00 06/07/00 08/04/00
_ 055007116 WTSAZTOREHL061500 *- 00002003 06/08/00 05/22/00 06/15/00
_ 089072110 WTSBIGBUCKBE 123101+ 00002665 06/09/00 05/02/00 12/11/01
_ 125127134 WTS144A51509=U= BE+# 00009315 06/07/00 02/11/00 05/15/09

COMMANDS: O - OTHER FUNCTIONS ...MORE

===============================================================================
ENTER:PROCESS PF6/18:PREVIOUS PF7/19: WARI MENU PF8/20:END FUNCTION
PF9/21:SIGNOFF PF10/22:BACKWARD PF11/23:FORWARD

Field Descriptions

This field Displays

Menu Bar An access bar that allows you to return to the Reorg Selection
Menu, access Help for this screen, or access other related
functions, if listed. Click below the desired selection, then
press ENTER.

Note -If you do not use a mouse, press HOME, press TAB until
your cursor is below the desired option, then press ENTER.
Skip to CUSIP An entry field that allows you to begin the display with a
specific security. Enter a full or partial CUSIP number.
CMD An entry field that allows you to access the Function Selection
screen. Enter an O.
Warrant The CUSIP number for each item.
CUSIP
Warrant A brief description of each listed security.
Description
Option Ind Possible values A, B, or space, indicating that more than one
pay rate is available for a given warrant. The pay rate
attached to each value is determined at the time the warrant
is offered.
Agent The Transfer Agent number.
Update Date The date of the last update.
Creation Date The date that the envelope was added to the system.
Expiration The last date on which you can submit exercise instructions for
Date this warrant.
Priority Warrants Screen
The Priority Warrants screen appears when you select option 2 on the Warrant Inquiry screen, and
displays warrants with expiration dates or record dates within the next five business days. This
screen also displays whether activity occurred for this warrant on the current date. Use this screen
to obtain activity information or instruction information for a specific warrant.

Sample Screen

MENU HELP

EAAC THE DEPOSITORY TRUST COMPANY DATE: MM/DD/CCYY

00002199-99 PRIORITY WARRANTS TIME: HH:MM:SS
============================ NON-CUSTODY ===============================
SKIP TO CUSIP:

WARRANT WARRANT OPT LOCKED OUT OF PRIOR PRIOR ACT RC

CMD CUSIP DESCRIPTION IND OUT AGENT TOWN DATE DESCRIP TODAY TY
_ F9212D142 WTSTOFINELF8503< 9011 06/14/00 CASH UNDR NO A
_ 055007116 WTSAZTOREHL061500 *- 2003 Y 06/15/00 DTC EXPIR NO A
_ 315633180 WTSFIBERCHEM102303*- 1751 Y 06/16/00 DTC EXPIR NO A
_ 449669118 WTS IMC GBL12/22/00< 2941 06/15/00 CASH UNDR NO A
_ 703224113 WTS PATINA O< 9955 06/15/00 CASH UNDR NO A
_ 740474127 WTSPREMIERNEW62100- 1751 Y 06/21/00 DTC EXPIR NO
_ 740522123 WTSPRE061500B=U= + 2941 06/15/00 DTC EXPIR NO A
_ 836153114 WTSSOURCE6232000=U=+ 2777 Y 06/21/00 DTC EXPIR NO C
_ 966245110 WTSWHITEWIN2902 - 724 Y 06/16/00 PROXY UND NO

COMMANDS: O - OTHER FUNCTIONS T - TRANSACTION ACTIVITY X - INSTRUCTION DETAIL

NO MORE
===============================================================================
ENTER:PROCESS PF6/18:PREVIOUS PF7/19: WARI MENU PF8/20:END FUNCTION
PF9/21:SIGNOFF PF10/22:BACKWARD PF11/23:FORWARD

Field Descriptions

This field Displays

Menu Bar An access bar that allows you to return to the Reorg Selection
Menu, access Help for this screen, or access other related
functions, if listed. Click below the desired selection, then
press ENTER.

Note -If you do not use a mouse, press HOME, press TAB until
your cursor is below the desired option, then press ENTER.
Skip to CUSIP An entry field that allows you to begin the display with a
specific security. Enter a full or partial CUSIP number.
CMD An entry field that allows you to access one of the following:

• O: The Function Selection screen

• T: The Transaction Activity screen
• X: The Warrant Instruction Detail screen.

Warrant The CUSIP number for each item.

CUSIP
Warrant A brief description of each listed security.
Description
 This field Displays
Option Ind Possible values A, B, or space, indicating that more than one
pay rate is available for a given warrant. The pay rate
attached to each value is determined at the time the warrant
is offered.
Locked Out The letter Y if you are not eligible to submit exercises for this
offer.
Agent The Transfer Agent number.
Out of Town An indicator of whether the Agent is located outside of New
York City (Y or N).
Prior Date The nearest critical date (record date, expiration date, etc. )
within the next five business days that made the item a
priority warrant.
Prior Descrip One of the following:

• DTC Expire: Warrants expiration

• DTC Prot: DTC Protect expiration
• Cash Undr: Underlying cash dividends
• Stock Und: Underlying stock dividends
• Proxy Und: Underlying proxy date
• Multiple: More than one of the above.

Act Today An indicator of whether you exercised the warrant today (Y or

N).
RC TY The envelope recycle cutoff indicator. One of the following:

• A: Recycling instructions are subject to anticipated

early recycle cutoff
• E: Recycling instructions are subject to early recycle
cutoff
• C: SDF.

Transaction Activity Screen

The Transaction Activity screen appears when you select options 4 or 5 on the Warrant Inquiry
screen, or when you enter T in the CMD field for an item on the Eligible Warrants or Priority
Warrants screen. This screen displays a list of current business day warrant exercise and reversal
transactions.

Note- The Transaction Activity screen contains one set of fields when accessed via option 4 or from
either of the warrant listing screens, and another set of fields when accessed via option 5. The
sample below is via option 4, but the field descriptions are included for both versions of the screen.

Sample Screen

MENU HELP

EAAE THE DEPOSITORY TRUST COMPANY DATE: MM/DD/CCYY

00002199-99 TRANSACTION ACTIVITY TIME: HH:MM:SS
============================= ****************** ==============================
SKIP TO CUSIP: .........

TOTAL GOOD TRANSACTIONS: ---- TOTAL SHARES: -----------

WARRANT OPTION EXERCISE LAST

CMD CUSIP IND TRANSACTION ID PARTICIPANT REVERSAL STATUS
- --------- - -------------- ---- - --------------------
- --------- - -------------- ---- - --------------------
- --------- - -------------- ---- - --------------------
- --------- - -------------- ---- - --------------------
- --------- - -------------- ---- - --------------------
- --------- - -------------- ---- - --------------------
- --------- - -------------- ---- - --------------------
- --------- - -------------- ---- - --------------------

COMMANDS: O - OTHER FUNCTIONS X - EXERCISE TICKET MORE ->

==============================================================================
ENTER:PROCESS PF6/18:PREVIOUS PF7/19:WARI MENU PF8/20:END FUNCTION
PF9/21:SIGNOFF PF10/22:BACKWARD PF11/23:FORWARD

Field Descriptions

This field Displays

Menu Bar An access bar that allows you to return to the Reorg Selection
Menu, access Help for this screen, or access other related
functions, if listed. Click below the desired selection, then
press ENTER.

Note -If you do not use a mouse, press HOME, press TAB until
your cursor is below the desired option, then press ENTER.
Skip to CUSIP An entry field that allows you to begin the display with a
specific security. Enter a full or partial CUSIP number.
Total Good The total made exercise transactions for the current day.
Transactions
Total Shares The total warrants for made exercise transactions for the
current day.
CMD An entry field that allows you to access one of the following:

• O: The Function Selection screen

• X: The Warrant Exercise/Reversal Ticket screen.

Warrant The CUSIP number for each item.

CUSIP
Option Ind W or U to indicate the exercise price is per share of the
warrant being exercised or per share of the underlying security
being received. If there are multiple underlying securities, the
share quantity of the first one is used in the calculation.
Transaction The transaction identification number.
ID
Participant The participant number of the party who initiated the activity.
Exercise/ One of the following:
Reversal
• E: If the item is a warrant exercise
 This field Displays

• R: If the item is an exercise reversal.

Last Status The last known status of the activity:

• Fully Made
• Warrant Recycle
• Warrant Recycle/Made
• Bond Recycle
• Bond Recycle/Made
• (Un1) Edit Reject
• (Un2) Edit Reject
• (Un3) Edit Reject
• WARR/Bond Dropped
• WARR/Bond Edit Reject
• Previous Day Made
• Pending RTOP Release.

Warrant Exercise / Reversal Ticket Screen

The Warrant Exercise/Reversal Ticket screen appears when you enter X in the CMD field on the
Transaction Activity screen, and displays additional details about a selected exercise or reversal
transaction.

Note- The title of this screen will reflect whether you are viewing an exercise or a reversal.

Sample Screen

MENU DIVA RIPS SDAR HELP

EAAF THE DEPOSITORY TRUST COMPANY DATE: MM/DD/CCYY

00002199-99 WARRANT EXERCISE TICKET TIME: HH:MM:SS
===============================================================================
SIGNON: --------- - -- TRANSACTION DATE/TIME: -------- - --------
PROTECT*ID: --------------------
TRANSACTION ID OPTION PART CASH DATE STATUS
-------------- - ---- -------------- -------- ------------------------

CUSIP NO. DESCRIPTION QUANTITY | PAYMENT BOND INFORMATION

WAR: --------- -------------------- ----------- | CUSIP...... ---------
WARRANT EXP. DATE: -------- | DESCR...... ---------------
UN1: --------- -------------------- ----------- | QTY........ -----------
UN1 RECORD DATE : -------- | VALUE...... -----------
UN2: --------- -------------------- ----------- | INT........ -----------
UN2 RECORD DATE : -------- |
UN3: --------- -------------------- ----------- |
UN3 RECORD DATE : -------- |
PARTICIPANT : --------------------
CONTACT PHONE: ( --- ) --- - ---- CONTACT NAME: -------------------
===============================================================================
PF2/14:CONDITIONS PF6/18:PREVIOUS PF7/19:WARI MENU
PF8/20:END FUNCTION PF9/21:SIGNOFF

Field Descriptions
 This field Displays
Menu Bar An access bar that allows you to return to the Reorg Selection
Menu, access Help for this screen, or access other related
functions, if listed. Click below the desired selection, then
press ENTER.

Note -If you do not use a mouse, press HOME, press TAB until
your cursor is below the desired option, then press ENTER.
Signon Your signon ID.
Transaction The date and time of the last update to the ticket.
Date/Time
Protect ID The unique identifier assigned to the protect instruction when
it was entered.
Transaction The unique identifier assigned to the transaction when it was
ID entered.
Option W or U to indicate the exercise price is per share of the
warrant being exercised or per share of the underlying security
being received. If there are multiple underlying securities, the
share quantity of the first one is used in the calculation.
Part The shortened version of your participant number.
Cash The amount of cash supplied as payment of the subscription
cost.
Date The date the instruction was entered.
Status One of the following:

• Made
• Recycling
• Recycle Made.

CUSIP No. The CUSIP number.

Description A brief description of the security.
Quantity The number of warrants.
Warrant Exp. The last date the warrant can be exercised.
Date
Record Date The next upcoming record date for the underlying CUSIP (s).
(s)
Payment The details of a bond transaction, if applicable:
Bond
Information
• CUSIP: The CUSIP number
• Descr: A description of the security
• Qty: The number of bonds
• Value: The dollar value used as payment of the
subscription cost
• Int: The amount of interest due for bonds used as
payment.

Participant The full participant number of the person who entered the
instruction
 This field Displays
Contact The phone number of the person to contact about this
Phone warrant.
Contact The name of the person to contact about this warrant.
Name

Warrant Inquiry Screen

The Warrant Inquiry screen allows you to specify the warrant processes you want to view.

Sample Screen

MENU HELP
PLEASE SELECT AN OPTION
EAAA THE DEPOSITORY TRUST COMPANY DATE: MM/DD/CCYY
00002199-99 WARRANT INQUIRIES TIME: HH:MM:SS
===============================================================================

PARTICIPANT: ____ /

1) ELIGIBLE WARRANTS
2) PRIORITY WARRANTS
3) NEW/UPDATED WARRANTS
4) TODAYS TRANSACTION ACTIVITY
5) PRIOR DATES TRANSACTION ACTIVITY
6) PROTECT INQUIRY

ENTER OPTION : _
CUSIP : _________
ACTIVITY DATE : __ / __ / ____ (MM/DD/CCYY) OPTION 5 ONLY
CUSTODY PROCESSING : N N= NO, R= RESTRICTED, C=CUSTODY,
A= ALL

===============================================================================
ENTER:PROCESS PF8/20:END FUNCTION PF9/21:SIGNOFF

Field Descriptions

This field Allows you to

Menu Bar Return to the Reorg Selection Menu, access Help for this
screen, or access other related functions, if listed. Click below
the desired selection, then press ENTER.

Note -If you do not use a mouse, press HOME, press TAB until
your cursor is below the desired option, then press ENTER.
Participant Specify the participant number for the warrants you want to
view.

Note - Group users only, options 1, 2, and 3 only.

Enter Option Select the type of inquiry you want to make.

Note -Option 5 is not available at this time.

CUSIP Specify the security whose warrant information you want to
 This field Allows you to
view.

Optional.
Activity Date Specify the date for the warrant information you want to view,
in mm/dd/ccyy format.

Required for option 5 only.

Custody Specify the type of warrant you want to view:
Processing
• C: Custody
• R: Restricted custody (options 4, 5, and 6 only)
• N: Non-custody
• A: All (custody, restricted custody and non-custody).

Optional. Default: N.

Note - Custody Processing is valid only for participants and

group users with custody or restricted custody access.

Function Keys

In addition to the standard function keys described in Using the Standard Function Keys, you can
press PF7/19 on the Warrant Inquiry screen to return to the previous screen if you accessed WARI
through theWARR function.

Warrant Instruction Detail Screen

The Warrant Instruction Detail screen appears when you enter X in the CMD field on the Eligible
Warrant or Priority Warrants screen, and displays additional warrant information for the selected
item.

Sample Screen

MENU DIVA RIPS SDAR HELP

EAAC THE DEPOSITORY TRUST COMPANY DATE: MM/DD/CCYY

00002199-99 WARRANT INSTRUCTION DETAIL TIME: HH:MM:SS
============================ NON-CUSTODY =============================
WARRANT CUSIP: 123456789 AGENT NUMBER: 00003199 EXERCISE PRICE: 46.940000
EXPIRATION DATE: 08/05/03 PROTECT EXP DATE: 00/00/00 OPTION IND: W OR U: U

SUBS.RATE M/D UNDRLY CUSIP CASH REC DT STOCK REC DT PROXY REC DT
1.000000 M 987654321 99/99/99 99/99/99 99/99/99

PAYMENT CUSIP PAR VALUE RECORD DATE INTEREST RATE

===============================================================================
 PF2/14:CONDITIONS PF6/18:PREVIOUS PF7/19: WARI MENU
PF8/20:END FUNCTION PF9/21:SIGNOFF

Field Descriptions

This field Displays

Menu Bar An access bar that allows you to return to the Reorg Selection
Menu, access Help for this screen, or access other related
functions, if listed. Click below the desired selection, then
press ENTER.

Note -If you do not use a mouse, press HOME, press TAB until
your cursor is below the desired option, then press ENTER.
Warrant The CUSIP number for the selected item.
CUSIP
Agent The Transfer Agent number.
Number
Exercise Price The price per share or per warrant to be used in the
calculation of the subscription cost.
Expiration The last date on which you can submit warrant exercise
Date instructions for the item.
Protect Exp The last date on which you can cover protects through DTCC.
Date
Option Ind A, B, or space, indicating that more than one pay rate is
available for a given warrant. The pay rate attached to each
value is determined at the time the warrant is offered.
W or U W or U to indicate whether the exercise price is per share of
the warrant being exercised or per share of the underlying
security being received. If there are multiple underlying
securities, the share quantity of the first one is used in the
calculation.
Subs. Rate The rate you must pay per share or per warrant.
M/D An indicator of whether the shares or warrants are to be
multiplied or divided by the subscription rate.
Undrly CUSIP The CUSIP number of the security to be received upon
completion of the subscription.
Cash Rec Dt The cash record date of the underlying security.
Stock Rec Dt The stock record date of the underlying security.
Proxy Rec Dt The Proxy record date of the underlying security.
Payment The CUSIP number of a security that you can optionally
CUSIP surrender as payment of the subscription cost.
Par Value The dollar value of one payment CUSIP security when used as
part of the subscription cost. This is not necessarily the market
value.
Record Date The record date of the Payment CUSIP.
Interest Rate The interest rate in dollars per 1000 that you will forfeit to the
Agent. This is not used as part of the subscription cost
calculation.
Function Keys

In addition to the standard function keys described in Using the Standard Function Keys, you can
press PF2/14 on the Warrant Instruction Detail screen to access the Warrant Conditions screen,
which displays a list of envelope numbers and their associated exercise ticket conditions.

Warrant Protect Inquiry Screen

The Warrant Protect Inquiry screen appears when you select option 6 on the Warrant Inquiry
screen, and displays a list of previously entered protect instructions.

Sample Screen

MENU HELP

EAAK THE DEPOSITORY TRUST COMPANY DATE: MM/DD/CCYY

00002199-99 WARRANT PROTECT INQUIRY TIME: HH:MM:SS
============================= NON-CUSTODY ==============================
SKIP TO PARTICIPANT: SKIP TO CUSIP:

WARRANT PROTECT PROTECT PROTECT UNCOVERED

CMD CUSIP PART IDENTIFIER STATUS QUANTITY QUANTITY
_ 999991607 1210 PK9AG086103839 OPEN 30 30
_ 999991607 1211 PK1VD050063838 OPEN 10 10
_ 999991607 1211 PK9AG086104249 OPEN 60 60
_ 999991607 1211 PK9AR253060540 OPEN 3 3

COMMANDS: O - OTHER FUNCTIONS X - EXERCISE TICKET NO MORE.

===============================================================================
ENTER:PROCESS PF6/18:PREVIOUS PF7/19: WARI MENU PF8/20:END FUNCTION
PF9/21:SIGNOFF PF10/22:BACKWARD PF11/23:FORWARD

Field Descriptions

This field Displays

Menu Bar An access bar that allows you to return to the Reorg Selection
Menu, access Help for this screen, or access other related
functions, if listed. Click below the desired selection, then
press ENTER.

Note -If you do not use a mouse, press HOME, press TAB until
your cursor is below the desired option, then press ENTER.
Skip to An entry field that allows you to begin the display with a
Participant specific participant. Enter a valid participant number.

Note -Group users only.

Skip to CUSIP An entry field that allows you to begin the display with a
specific security. Enter a full or partial CUSIP number.
CMD An entry field that allows you to access one of the following:
 This field Displays

• O: The Function Selection screen

• X: The Warrant Exercise/Reversal Ticket screen.

Warrant The CUSIP number.

CUSIP
Part The participant who submitted the protect instruction.
Protect The unique identifier assigned to the protect instruction when
Identifier it was entered.
Protect The current status of the protect instruction.
Status
Protect The number of shares for which the instruction was submitted.
Quantity
Uncovered The remaining warrant shares that have not been covered.
Quantity

Messages
You may encounter the following messages when using the WARI function. Messages are listed in
alphabetical order, along with an explanation and suggested resolution for each.

Message Text Possible Cause Suggested Resolution

ACTIVITY DATE MUST BE A non-numeric value was Enter a valid date.
NUMERIC IF ENTERED entered in the Activity Date
field.
ACTIVITY DATE NOT ALLOWED The activity date may only be Either select option 5 or erase
WITH OPTION#1 entered when selecting Prior the Activity Date field.
Date's Participant Activity
(option 5) .
ACTIVITY DATE NOT ALLOWED The activity date may only be Either select option 5 or erase
WITH OPTION#2 entered when selecting Prior the Activity Date field.
Date's Participant Activity
(Option 5) .
ACTIVITY DATE NOT ALLOWED The activity date may only be Either select option 5 or erase
WITH OPTION#3 entered when selecting Prior the Activity Date field.
Date's Participant Activity
(Option 5)
AT LEASE ONE OF THE Option 4 was selected, but no Enter a value in at least one
SELECTION CRITERIA MUST other criteria was entered. other field.
BE SELECTED WITH OPTION#4
CUSIP CHECK DIGIT INVALID The CUSIP number entered is Enter a valid CUSIP number.
not in valid format.
CUSIP NUMBER IS INVALID An invalid CUSIP number was Enter a valid CUSIP number.
entered.
INVALID DATE The specified Activity Date is Enter a valid date.
invalid.
INVALID KEY An invalid key was pressed. Press one of the valid keys
listed at the bottom of the
screen.
 Message Text Possible Cause Suggested Resolution
INVALID OPTION An invalid value was entered in Enter a value from the
the Enter Option field. displayed menu.
INVALID OPTION PLEASE TRY An invalid value was entered in Enter a value from the
AGAIN the Enter Option field. displayed menu.
OPTION MUST BE ENTERED The Enter Option field was left Enter a value from the
blank; entry is required. displayed menu.
PARTICIPANT MUST BE Group users only: the Enter a participant number.
ENTERED Participant field was left
blank; entry is required.
PARTICIPANT NOT ELIGIBLE Group users only: the specified Enter a valid participant
TO THIS GROUP Participant is not part of your number.
designated group.
PARTICIPANT NOT VALID Group users only: an invalid Enter a valid participant
participant number was number.
entered.
THIS PARTICIPANT IS Group users only: no activity is Contact Participant Services
FROZEN-NO PROCESSING allowed on this participant's for an explanation.
ALLOWED account at the present time.
TRANSMISSION ERROR Data was not received properly. Reenter all data. If the
PLEASE RE-KEY DATA Input data ignored. message reappears, contact
DTCC's Customer Support
Center at (888) 382-2721.
USE OPTION#3 FOR CURRENT An Activity Date was entered Erase the date.
INFORMATION along with option 4.
 WARR:
Introduction
Overview
The Warrants (WARR) function allows individual participants and group users to exercise and reverse
warrant transactions. WARR also allows you to access the WARI function for inquiries on both the
warrant CUSIP level and the transaction level.
A warrant exercise through DTC consists of surrendering warrant free position and receiving free
position in up to three underlying issues. The subscription cost can be covered by:
• Automatic debit of next-day funds in cash
• Surrendering free position in related payment securities
• Any combination of cash and payment securities.
The subscription cost may be based on warrants surrendered or underlying issues received, and the
subscription rate may be multiplied by or divided into the warrants surrendered.
Transactions are processed in two steps:
1. The minimal amount of information is entered and edited.
2. The underlying side of the transaction is displayed and the transaction is either confirmed or
cancelled. A transmitted transaction is input to DTC's system for position verification,
movement and, if necessary, automatic recycle processing. A cancelled transaction is deleted
from the system.
In the unlikely event that an edited transaction is neither transmitted nor cancelled (e. g. , terminal
session time-out or the system is down), the exercise or reversal in progress will be retained for
inquiry as an incomplete transaction and may be processed later at your discretion.
Warning! Incomplete transactions have not been transmitted to DTC for exercise or reversal and are
not transactions on which either DTC or a Warrant Agent will take action. You are solely responsible
for taking additional processing steps in order to complete or cancel exercises or reversals marked as
incomplete transactions by DTC.

About Warrant Exercises

The following rules and conditions apply to processing warrant exercise transactions:
• A valid Reorg Automated Management System (RAMS) envelope (active or shell) must exist
for the specified CUSIP, with valid payrate information.
• If you have insufficient position when you submit a transaction, the transaction recycles until
sufficient position exists. Transactions still recycling at cutoff (12:00 p.m. eastern time) are
dropped.
• When the transaction is processed (made), the warrants are removed from your account, you
are credited with the underlying securities, and you are charged a subscription fee. All of this
takes place on the day you submit the transaction.

DTCC Public (White)

 About Protect Instructions
When you submit a protect instruction, you are submitting a guarantee of delivery for the warrant
offer. You can submit a protect via WARR, or allow DTCC to submit a protect on your behalf. When a
protect is submitted, the RAMS envelope is checked:
• To verify that the protect is submitted within the start and end date and time listed on the
envelope
• To determine if subscription costs are to be collected. If so, money is collected via the
Account Transaction Processor (ATP). If not, money is collected when the cover of protect is
submitted. No other ATP activity takes place at this time. If release via RTOP RTOP is
required, money is collected only after the transaction is released.

Note- The above also applies to custody and custody restricted protect instructions.

About Covers of Protects

WARR allows you to cover a protect that you submit via WARR, or cover a protect that you submit
directly to the agent.
Covering a protect via WARR allows you to exercise all or part of the shares. You can submit a cover
for a previously submitted protect instruction yourself, or DTCC can submit the cover of protect on
your behalf. The following actions take place when you submit a cover of protect via WARR:
• The RAMS envelope is checked to verify that the cover of protect occurs within the start and
end date and time listed on the envelope.
• The transaction ID (or protect ID) is verified to ensure that a valid protect instruction exists
for the submitted cover.
• A Voluntary Offering Instruction (VOI) number is generated for the cover of protect.
• The RAMS envelope is also checked to determine if subscription costs were already collected
when the protect instruction was submitted. If not, money is collected via the Account
Transaction Processor (ATP).
• Your account is debited for the warrant security and credited for the underlying security. If
release via RTOP is required, money is collected only after the transaction is released.
When you cover a protect that was submitted directly to the agent, the protect instruction will not
exist in the system. This initiates the proper ATP processes so that journal entries are not needed. The
following actions take place when you cover a protect instruction submitted to the agent:
• The RAMS envelope is checked to verify that the cover of protect occurs within the start and
end date and time listed on the envelope.
• Subscription costs are collected.
• Your account is debited for the warrant security and credited for the underlying security. If
release via RTOP is required, this takes place after the transaction is released.
Note- The above also applies to custody and custody restricted covers of protects.

DTCC Public (White)

 About Custody and Restricted Custody Exercises
WARR allows for processing of transactions involving custody issues for participants and group users
with custody or restricted custody access.
For warrant custody exercises, instructions are processed from the prep box location . When
instructions are processed (made), the old position is placed in an unusable account, awaiting shares
from the agent. When the shares are received from the agent, they are placed in a holding account to
await instructions. You will receive a message that the securities have been returned, to which you
respond with instructions as to what custody account they should be placed in. When this instruction is
received, the new security is placed in the usable custody account, along with thecorresponding Aim
location adjustment . For warrant custody processing, you are charged exercise proceeds on the day
of instruction.
For warrant restricted custody exercises, you must move your restricted shares into a new restricted-
like free account, from which instructions can be processed via WARR . These instructions must state
clearly that they are submitted on behalf of a specific restricted account, and must also indicate the
reference number created when the position was moved into the restricted-like free account. The
custody account for the new security will be treated as a restricted, unusable custody account awaiting
shares from the agent. Each restricted unit of work must be presented to the agent independently for
a unique window ticket which must be noted as restricted.
Warrant exercises for custody and restricted custody issues are handled the same way as non-
custody warrant exercises. See About Warrant Exercises.

About Custody and Restricted Custody Protects and Covers of Protects

When to Use
Use WARR to exercise or reverse Warrant transactions.
WARR is available whenever PTS is available. The following options within the WARR function are
limited by a cutoff time:
• Warrant Exercises and Reversals: WARR is available from 8:00 a.m. to 1:00 p.m. eastern
time.
• Incomplete Exercises and Reversals: Inquiry is available whenever PTS is available, but
selection for processing is limited to the 1:00 p.m. eastern time cutoff.

Associated Products
WARR is used in association with the following Reorganization products:
• Announcements
• Allocations
• Warrant Exercises.
WARR is also used in association with the Custody and Deposits services Custody Reorganization
product.

DTCC Public (White)

 List of Procedures
Covering a Protect
Use the following procedure to cover a protect instruction. You can use this procedure for protect
instructions submitted via WARR, or for those submitted directly to the agent.
Warning! Important: You are solely responsible for verifying the details of this cover of protect and
for determining whether to submit this transaction or to cancel it.

1 Type REOG on the Enter Function screen and press ENTER.

Result- The Reorg Selection Menu appears. The Reorg Selection Menu appears.

2 In the Enter Option field, type the number that appears to the left of the WARR function.
Type a CUSIP number in the CUSIP field (optional), then press ENTER.
Result- The Warrant Menu appears.
Note- Group users may also enter a value in the Participant field.

3 Type one of the following in the Enter Option field:

• 5: To cover a protect submitted via WARR
• 6: To cover a protect submitted directly to the agent.

4 Optional. Type one of the following in the Custody Processing field:

• C: For custody warrants
• R: For custody/restricted warrants.
Note- Leave the default of N for non-custody warrants.

5 Press ENTER.
Result- The Warrant Cover Protect screen appears.

6 Type the appropriate values for the cover of protect instruction and press ENTER to validate.
Result- If errors are found, an applicable message appears. Correct the error and press
ENTER again. Continue this until you have corrected all errors.

7 Press PF1/13.
Result- The message'Item processed' appears.
Note- To cancel the cover of protect without submitting, press PF5/17. This deletes the
transaction from the system.

DTCC Public (White)

 Entering a Warrant Exercise
Use the following procedure to enter your instructions for a warrant exercise. See Usage Notes.
Warning! Important: You are solely responsible for verifying the details of this exercise and for
determining whether to submit this transaction or to cancel it.
1 Type REOG on the Enter Function screen and press ENTER.
Result- The Reorg Selection Menu appears. The Reorg Selection Menu appears.
2 In the Enter Option field, type the number that appears to the left of the WARR function.
Type a CUSIP number in the CUSIP field (optional), then press ENTER.
Result- The Warrant Menu appears.
Note- Group users may also enter a value in the Participant field to enter exercise
instructions for a specific participant.

3 Type 2 in the Enter Option field.

4 Optional. Type one of the following in the Custody Processing field:

C: For custody warrants
R: For custody/restricted warrants.
Note- Leave the default of N for non-custody warrants.

5 Press ENTER.
Result- One of the following screens appears, depending on the value you entered in the
Custody Processing field:
• Warrant Exercises if you accepted the default of N
• Warrant Custody/Restricted if you entered C or R.

6 Type the appropriate values for the warrant exercise and press ENTER to validate.
Result- If errors are found, an applicable message appears. Correct the error and press
ENTER again. Repeat until you have corrected all errors.
When no errors are found, the message'Warrant passed edit- press PF1/13 to process-
PF12/24 to cancel' appears at the top of the screen, and values are generated in the
remaining fields.

7 Press PF1/13.
Result- The message'Item processed' appears and a Warrant Exercise ticket prints on your
designated PTS printer.
Note- To cancel the exercise without submitting, press PF5/17. This deletes the transaction
from the system.
Make a note of the system-generated Transaction ID. You may need this to input reversals.

Usage Notes
• You can submit only one exercise per screen.
• If you exit the screen without pressing PF1/13 to submit or PF5/17 to cancel, the record
becomes an incomplete exercise.
• If you have elected to use the RTOPfunction to control input of reorganization instructions, the
message'Instruction will not be completed unless released via RTOP' appears on the Warrant
Exercises screen, and the transaction will not be processed until you release it through RTOP.
If you have elected to use the RTOP function to control input of reorganization instructions,
the message'Instruction will not be completed unless released via RTOP' appears on the
Warrant Exercises screen, and the transaction will not be processed until you release it
through RTOP.

DTCC Public (White)

 Reversing a Warrant Exercise
Use the following procedure to enter instructions to reverse a previously entered warrant exercise. See
Usage Notes.
Warning! Important: You are solely responsible for verifying the details of this reversal and for
determining whether to submit this transaction or to cancel it.

1 Type REOG on the Enter Function screen and press ENTER.

Result- The Reorg Selection Menu appears. The Reorg Selection Menu appears.

2 In the Enter Option field, type the number that appears to the left of the WARR function.
Type a CUSIP number in the CUSIP field (optional), then press ENTER.
Result- The Warrant Menu appears.
Note- Group users may also enter a value in the Participant field.

3 Type 3 in the Enter Option field and press ENTER. (Leave the default of N in the Custody
Processing field. )
Result- The Warrant Reversals screen appears.

4 Type the original transaction's identifier in the Transaction ID field and press ENTER.
Result- If errors are found, an applicable message appears. Correct the error and press
ENTER again. Continue this until you have corrected all errors.
When no errors are found, the message'Reversal passed edit- press PF1/13 to process-
PF12/24 to cancel' appears at the top of the screen, and values are generated in the
remaining fields.

5 Press PF1/13.
Result- The message'Item processed' appears and a Warrant Reversal ticket prints on your
designated PTS printer.
Note- To cancel the reversal without submitting, press PF5/17. This deletes the transaction
from the system.

Usage Notes
• You can submit only one reversal per screen.
• If you exit the screen without pressing PF1/13 to submit or PF5/17 to cancel, the record
becomes an incomplete reversal.
• You can only enter reversals if the warrant exercise was processed the same day, the warrant
exercise was fully made, and you still have free position in the underlying CUSIPs.
• If you have elected to use the RTOPfunction to control input of reorganization instructions, the
message'Instruction will not be completed unless released via RTOP' appears on the Warrant
Reversals screen, and the transaction will not be processed until you release it through
RTOP).
If you have elected to use the RTOP function to control input of reorganization instructions,
the message'Instruction will not be completed unless released via RTOP' appears on the
Warrant Reversals screen, and the transaction will not be processed until you release it
through RTOP) .

DTCC Public (White)

 Submitting a Protect Instruction
Use the following procedure to submit a guarantee of delivery for a warrant offer.
Warning! Important: You are solely responsible for verifying the details of this protect and for
determining whether to submit this transaction or to cancel it.

1 Type REOG on the Enter Function screen and press ENTER.

Result- The Reorg Selection Menu appears. The Reorg Selection Menu appears.

2 In the Enter Option field, type the number that appears to the left of the WARR function.
Type a CUSIP number in the CUSIP field (optional), then press ENTER.
Result- The Warrant Menu appears.
Note- Group users may also enter a value in the Participant field.

3 Type 4 in the Enter Option field.

4 Optional. Type one of the following in the Custody Processing field:

• C: For custody warrants
• R: For custody/restricted warrants.
Note- Leave the default of N for non-custody warrants.

5 Press ENTER.
Result- One of the following screens appears, depending on the value you entered in the
Custody Processing field:
• Warrant Exercise if you accepted the default of N
• Warrant Custody/Restricted if you entered C or R.

6 Type the appropriate values for the protect instruction and press ENTER to validate.
Result- If errors are found, an applicable message appears. Correct the error and press ENTER
again. Continue this until you have corrected all errors.
When no errors are found, the message'Warrant passed edit- press PF1/13 to process-
PF12/24 to cancel' appears at the top of the screen, and values are generated in the
remaining fields.

7 Press PF1/13.
Result- The message'Item processed' appears.
Note- To cancel the protect without submitting, press PF5/17. This deletes the transaction
from the system.
Make a note of the system-generated Protect ID. You may need this to input covers of
protects.

Viewing Warrant Transactions

Option 1 on the Warrant Menu allows you to inquire about eligible and priority warrants, and view lists
of previously entered warrant transactions. This option takes you to the WARI function. See WARIfor
information about using the inquiry option.
Option 1 on the Warrant Menu allows you to inquire about eligible and priority warrants, and view lists
of previously entered warrant transactions. This option takes you to the WARI function. Refer to WARI
for information about using the inquiry option.

DTCC Public (White)

 List of Screens
Warrant Conditions Screen
The Warrant Conditions screen appears prior to submission confirmation of exercises, protects, and
covers of protects. This screen displays special conditions for the warrant CUSIP.

Sample Screen

Field Descriptions
This field Displays
Envelope ID The envelope identification number.

CMD An entry field that allows you to indicate acceptance of the condition.
Enter an X.
Required for conditions marked with a Y.

Base The minimum amount required for submission.

Denomination

Incremental The minimum amount required for submission in addition to the Base
Denomination Denomination.

Condition A brief description of conditions on an exercise ticket.

DTCC Public (White)

 Warrant Cover Protect Screen
The Warrant Cover Protect screen appears when you select options 5 or 6 on the Warrant Menu. This
screen allows you to submit a cover for a protect instruction you submitted via WARR, or for a protect
instruction you submitted directly to the agent. The full screen title will be one of the following:
• Warrant Cover Protect Via WARR if you selected option 5
• Warrant Cover Protect Direct to Agent if you selected option 6.
If you do not enter a value in the Custody Processing field on the Warrant Menu, the Warrant Cover
Protect screen is identical to the Warrant Exercises screen, except that the Transaction ID field
becomes the Protect ID field, and the letter P is the first character.
If you enter C or R in the Custody Processing field on the Warrant Menu, the Warrant Cover Protect
screen is identical to the Warrant Custody/Restricted screen.

Warrant Custody / Restricted Screen

The Warrant Custody/Restricted screen appears when you select options 2, 4, 5, or 6 on the Warrant
Menu, and enter C or R in the Custody Processing field. This screen allows you to enter instructions
for custody or restricted warrant subscriptions, reversals, protects, and covers of protects. Custody or
Restricted will be reflected just below the screen title, which will be one of the following:
• Warrant Exercises if you selected option 2
• Warrant Protect if you selected option 4
• Warrant Cover Protect via WARR if you selected option 5
• Warrant Cover Protect Directly to Agent if you selected option 6.
Note- For option 3, the Warrant Reversals screen appears, regardless of whether you enter a value in
the Custody Processing field.

Sample Screen

DTCC Public (White)

 Field Descriptions
For covers of protects submitted via WARR (option 5) , the only field open for entry is the
Transaction ID field. The remaining entry fields listed below are enterable only for exercises and
protect submissions, and covers of protects submitted directly to the agent.

This field Allows you to

Contact Name Enter the name of the person to contact about this transaction.

Contact Phone Enter the phone number of the person to contact about this
transaction.

Transaction ID For covers of protects submitted via WARR or directly to the agent,
this field allows you to enter the identifier of the original protect
transaction.
For exercises and protects, this field will display the system-
assigned identifier after you press ENTER. The identifier consists of
the following:
• Position 1: W for warrant exercises and reversals; P for
protects and covers of protects
• Positions 2 through 5: Your terminal ID
• Positions 6 through 8: The current Julian date
• Positions 9 through 14: The current time.

Part Group users only, enter the participant number. For individual
participants, your participant number is automatically displayed.

Warrant CUSIP Enter the CUSIP number.

Warrant Qty Enter the number of warrants.

Cash Enter the amount of cash to be paid for the exercise. Optional.

Option Enter A, B, or leave blank to indicate that more than one pay rate is
available for a given warrant. The pay rate attached to each value is
determined at the time the warrant is offered.

Date View the transaction date after you press ENTER to validate.

Expiration Date View the expiration date after you press ENTER to validate.

Payment Bond Enter the details of a bond transaction, if applicable:

Information • Bond Qty: Enter the number of bonds submitted; optional
• CUSIP: Enter the CUSIP number of the bond; optional
• Value: Enter the dollar value of the bond.
• Interest: Enter the accrued interest put towards the
exercise price of the warrant.

Underlying View the CUSIP number, description, number of shares, and record
CUSIP date of any underlying securities after you press enter to validate.
Information

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 Warrant Exercise Screen
The Warrant Exercise screen appears when you select option 2 on the Warrant Menu, and leave the
Custody Processing field blank. This screen allows you to enter instructions for warrant
subscriptions.

Sample Screen

Field Descriptions

This field Allows you to

Contact Name Enter the name of the person to contact about this transaction.

Contact Phone Enter the phone number of the person to contact about this transaction.

Transaction ID View a system-assigned value that uniquely identifies this transaction. The
following values will make up this identifier:
• Position 1: W for warrant exercises
• Positions 2 through 5: Your terminal ID
• Positions 6 through 8: The current Julian date
• Positions 9 through 14: The current time.
This value displays after you press ENTER to validate.

Part Group users only, enter the participant number. For individual participants,
your participant number is automatically displayed.

Warrant CUSIP Enter the CUSIP number.

Warrant Qty Enter the number of warrants.

Cash Enter the amount of cash to be paid for the exercise.

Optional.

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 This field Allows you to

Option Enter A, B, or leave blank to indicate that more than one pay rate is
available for a given warrant. The pay rate attached to each value is
determined at the time the warrant is offered.

Date View the transaction date after you press ENTER to validate.

Expiration Date View the expiration date of the warrant after you press ENTER to validate.

Payment Bond Enter the details of a bond transaction, if applicable:

Information • Bond Qty: Enter the number of bonds submitted;
• optional
• CUSIP: Enter the CUSIP number of the bond;
• optional
• Value: Enter the dollar value of the bond.
• Interest: Enter the accrued interest put towards the exercise
price of the warrant.

Underlying View the CUSIP number, description, number of shares, and record date of
CUSIP any underlying securities after you press ENTER to validate.
Information

Warrant Menu
The Warrant Menu allows you to select the desired warrant activity.

Sample Screen

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 Field Descriptions
This field Allows you to

Enter Option Enter one of the following:

• 1: To access the WARIfunction 1: To access the WARI function
• 2: To enter and process warrant exercise instructions
• 3: To reverse previously entered warrant exercise instructions
• 4: To submit a guarantee of delivery for a warrant offer
• 5: To submit a cover of protect via the WARR function
• 6: To enter information for covers of protect that were submitted
via a letter to the paying agent
• 7: To view a list of protects submitted via the WARR function
(currently unavailable).
Note -Options 4 through 7 are available for group users only.

Custody Enter C to specify custody processing, or R to specify custody/restricted.

Processing Optional. Default: N (non-custody processing).
Note -Valid only for participants and group users with custody or
restricted custody access.

Warrant Potential Loss Screen

The Warrant Potential Loss screen appears when specific conditions are found within DTCC's database
indicating a potential loss greater than$10,000.

Sample Screen

DTCC Public (White)

 Field Descriptions
This field Displays

Warrants at a Cost of The warrant subscription cost.

Into Securities Valued at The current market value of the securities.

For a Potential Loss of The subscription cost minus the current market value.

Warrant Protect Inquiry Screen

The Warrant Protect Inquiry screen appears when you select option 7 on the Warrant Menu screen,
and displays a list of previously entered protect instructions.

Sample Screen

Field Descriptions
This field Displays

Menu Bar An access bar that allows you to return to the Reorganization Selection
Menu, access Help for this screen, or access other related functions, if listed.
Click below the desired selection, then press ENTER.
An access bar that allows you to return to the Reorganization Selection
Menu, access Help for this screen, or access other related functions, if listed.
Click below the desired selection, then press ENTER.
Note -If you do not use a mouse, press HOME, press TAB until your cursor is
below the desired option, then press ENTER.

Skip to An entry field that allows you to begin the display with a specific participant.
Participant Enter a valid participant number.
Note -Group users only.

Skip to An entry field that allows you to begin the display with a specific security.
CUSIP Enter a full or partial CUSIP number.

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 CMD An entry field that allows you to:
• C: Submit a cover of protect for the selected protect instruction
• X: Access the Warrant Exercise/Reversal Ticket screen.

Warrant The CUSIP number.

CUSIP

Part The participant who submitted the protect instruction.

Protect The unique identifier assigned to the protect instruction when it was entered.
Identifier

Protect The current status of the protect instruction.

Status

Protect The number of shares for which the instruction was submitted.
Quantity

Uncovered The remaining warrant shares that have not been covered.
Quantity

Warrant Protect Submission Screen

The Warrant Protect Submission screen appears when you select option 4 on the Warrant Menu and
leave the Custody Processing field blank. This screen allows you to submit a guarantee of delivery
for the warrant offer.
The Warrant Protect Submission screen is identical to the Warrant Exercise screen, except that the
Transaction ID field does not appear.

Warrant Reversals Screen

The Warrant Reversals screen appears when you select option 3 on the Warrant Menu, and allows you
to enter warrant reversal instructions. This screen is identical to the Warrant Exercises screen, except
that the only fields you enter are Contact Name, Contact Phone, and Transaction ID. When you
press ENTER, the warrant exercise associated with the specified Transaction ID is automatically
displayed.

DTCC Public (White)

 Function Selection Screen
The Function Selection screen appears when you enter O (Other Functions) in the CMD field on the
Warrant Protect Inquiry screen. The CUSIP number of the selected line item is carried over. From this
screen, you can access any of several related functions, allowing you to perform various inquiries and
activities for a security without having to reenter the CUSIP in each function.

Sample Screen

Field Descriptions
This field Displays
Menu Bar An access bar that allows you to return to the Reorganization Selection
Menu, access Help for this screen, or access other related functions, if
listed. Click below the desired selection, then press ENTER.
Note -If you do not use a mouse, press HOME, press TAB until your
cursor is below the desired option, then press ENTER.

CUSIP The CUSIP number carried over from the previous screen.

Display Area A list of accessible functions for the selected CUSIP and activity
Note -If you are not signed up for a listed function, that line appears in
low intensity and the message'Ineligible' appears to the right. If you
select that function, the message'You do not have the necessary PTS
eligibility to access the selected function' appears at the top of the
screen.
For group users, if you are not allowed to access the specified
participant's data for a listed function, that line appears in low intensity
and the message'Not authorized' appears to the right. If you select that
function, the message'Group user not authorized for displayed
participant &selected function combo' appears at the top of the screen.

Enter Option An entry field that allows you to select the next function you want to
access.

DTCC Public (White)

 Messages
You may encounter the following messages when using the WARR function. Messages are listed in
alphabetical order, along with an explanation and suggested resolution for each.

Message Text Possible Cause Suggested Resolution

ACTIVITY DATE MUST BE The Activity Date entered Reenter the date in
NUMERIC IF ENTERED on the Warrant Inquiry mmddyy format.
screen was not numeric.

ACTIVITY DATE NOT The Activity Date may only Either enter 4 in the Enter
ALLOWED WITH OPTION#1 be specified when selecting Option field or erase the
option 4 on the Warranty Activity Date field.
Inquiry screen.

ACTIVITY DATE NOT The Activity Date may only Either enter 4 in the Enter
ALLOWED WITH OPTION#2 be specified when selecting Option field or erase the
option 4 on the Warrant Activity Date field.
Inquiry screen.

ACTIVITY DATE NOT The Activity Date may only Either enter 4 in the Enter
ALLOWED WITH OPTION#3 be specified when selecting Option field or erase the
option 4 on the Warranty Activity Date field.
Inquiry screen.

AMOUNT MUST BE Self-explanatory. Enter a numeric amount.

NUMERIC

AMOUNT MUST BE A VALID Self-explanatory. Enter a valid decimal

DECIMAL NUMBER number.

AMOUNT MAY HAVE 11 Self-explanatory. Rekey the amount.

DIGITS PRECEDING THE
DECIMAL

AREA CODE MUST BE The area code of the Enter the area code.
ENTERED Contact Phone field was
left blank.

AREA CODE NOT NUMERIC A non-numeric value was Enter a numeric area code.
entered for the area code.

AT LEAST ONE OF THE Option 4 on the Warranty Enter a value in at least

SELECTION CRITERIA Inquiry screen requires that one of the selection fields
MUST BE SELECTED WITH you specify additional (Warrant CUSIP, Part
OPTION#4 criteria. No, or Activity Date) .

BOND CUSIP DOES NOT The payment bond entered Pay in cash only or enter a
MATCH ANY OF THE does not match any of those valid payment bond.
PAYMENT CUSIPS ON FILE allowed for this warrant
CUSIP.

BOND PAYMENT CANNOT The value entered in the Enter an amount sufficient
EXCEED SUBSCRIPTION Bond Qty field on the to cover the subscription
COST 99999999999.99 BY Warrant Exercises screen cost, but not greater.
VALUE OF exceeds the subscription
1 BOND cost by one bond.

DTCC Public (White)

 Message Text Possible Cause Suggested Resolution

CASH AND/OR BOND The value entered in either Enter an amount sufficient
VALUE INSUFFICIENT TO the Cash field or the Bond to cover the subscription
COVER SUBSCRIPTION Qty field on the Warrant cost.
COST 99999999999.99 Exercises screen was less
than the subscription cost
due.

CASH AND/OR BOND The value entered in either Enter an amount sufficient
VALUE CANNOT EXCEED the Cash field or the Bond to cover the subscription
SUBSCRIPTION COST Qty field on the Warrant cost, but not greater.
99999999999.99 Exercises screen was more
than the subscription cost
due.

CLEAR KEY PRESSED- CLEAR was pressed to erase Enter the appropriate data
REKEY DATA the entered data. and press ENTER.

CONTACT NAME MUST BE The Contact Name field Enter the name of the
ENTERED was left blank, and a value contact.
is required.

CONTACT PHONE INVALID The value entered in the Enter a valid Contact Phone
Contact Phone field on the number.
Warrant Exercises screen
was invalid.

CONTACT PHONE MUST BE The Contact Phone field on You must enter a Contact
ENTERED the Warrant Exercises screen Phone number.
was left blank.

CUSIP CHECK DIGIT An invalid Warrant CUSIP Reenter the Warrant

INVALID was entered on the Warrant CUSIP.
Inquiry screen.

CUSIP INVALID An invalid number was Reenter the CUSIP.

entered in the CUSIP field
on the Warrant Exercises
screen.

CUSIP INVALID CHECK An invalid number was Reenter the CUSIP.

DIGIT entered in the CUSIP field
on the Warrant Exercises
screen.

CUSIP NOT ON WARRANTS The CUSIP entered on the Enter the CUSIP number of
FILE Warrant Exercises screen is an eligible warrant.
not an eligible warrant.

CUSIP NUMBER IS INVALID An invalid Warrant CUSIP Reenter the Warrant

was entered on the Warrant CUSIP.
Inquiry screen.

DATE MUST BE IN The date was entered Enter the date in mmddyy
MM/DD/YY FORMAT incorrectly. format.

DTCC Public (White)

 Message Text Possible Cause Suggested Resolution

DOCUMENT NO. IN USE, The Document Number Exit the system and try
EXIT AND TRY LATER entered on the Warrant again later.
Reversals screen is already
in use.

ENTER "X" TO SELECT ENTER was pressed, but no Enter an X in the Select
CUSIP item was selected for field for the desired item.
processing.

FIELD IS REQUIRED A required value was not Enter a value in the field
supplied. where the cursor is
blinking.

FIELD MUST BE NUMERIC A non-numeric value was Enter a numeric value in

entered. the field where the cursor is
located.

FIRST PAGE DISPLAYED PF10/22 was pressed to Press PF11/23 to scroll

scroll backward, but the forward.
beginning of available data
for this display has been
reached.

FIRST PAGE-- INVALID KEY PF10/22 was pressed to Press PF11/23 to scroll
scroll backward, but the forward.
beginning of available data
for this display has been
reached.

FIRST THREE DIGITS OF Nothing was entered in the Enter the first three digits
PHONE MUST BE ENTERED first three digits of the of the phone number.
Contact Phone field.

HIGHLIGHTED FIELD IN Invalid data was entered. Reenter the data in the
ERROR highlighted field.

IF ENTERED, OPTION MUST An invalid value was entered Enter A, B, or a space.

BE A OR B in the Option field on the
Warrant Exercises screen.

IF PAYMENT BY BOND, Payment by bond was Enter the CUSIP number of

MUST ENTER BOND CUSIP indicated, but no value was the bond.
entered in the CUSIP field
on the Warrant exercises
screen.

IF PAYMENT BY BOND Payment by bond was Enter the bond quantity.

MUST ENTER BOND indicated, but no value was
QUANTITY entered in the Bond Qty
field on the Warrant
Exercises screen.

INFORMATION OBTAINED Appears when you select an Press ENTER to validate the
FROM INCOMPLETE item on the Incomplete data.
RECORD- PRESS ENTER TO Exercises screen and display
EDIT- THEN PF1 it on the Warrant Exercises
screen.

DTCC Public (White)

 Message Text Possible Cause Suggested Resolution

IF PAYMENT BY BOND, Payment by bond was Enter the CUSIP number of

MUST ENTER BOND CUSIP indicated, but no value was the bond.
entered in the CUSIP field
on the Warrant exercises
screen.

IF PAYMENT BY BOND Payment by bond was Enter the bond quantity.

MUST ENTER BOND indicated, but no value was
QUANTITY entered in the Bond Qty
field on the Warrant
Exercises screen.

INFORMATION OBTAINED Appears when you select an Press ENTER to validate the
FROM INCOMPLETE item on the Incomplete data.
RECORD- PRESS ENTER TO Exercises screen and display
EDIT- THEN PF1 it on the Warrant Exercises
screen.

INFORMATION OBTAINED Appears when you select an Press ENTER to validate the
FROM UNTRANSMITTED item on the Incomplete data.
RECORDS- PRESS ENTER Reversals screen and display
TO EDIT- THEN PF1 it on the Warrant Reversals
screen.

INSUFFICIENT POSITIONS You do not have sufficient Try again when delivery of
ON THIS BOND position in your account for the bond is complete.
this bond.

INSUFFICIENT POSITIONS You do not have sufficient Try again when delivery of
ON THIS WARRANT position in your account for the warrant is complete.
this warrant.

INVALID DATE An invalid date was entered. Reenter the date in mmddyy
format.

INVALID DOCUMENT The entered Document Reenter the document

NUMBER Number is invalid. number.

INVALID KEY An invalid key was pressed. Press one of the valid
function keys listed at the
bottom of the screen.

** INVALID KEY** An invalid key was pressed. Press one of the valid
function keys listed at the
bottom of the screen.

INVALID KEY-- NO No data was entered in the Enter either S or I.

SELECTIONS MADE Sel field on the Eligible
Warrant or Priority Warrants
screen.

INVALID OPTION An invalid selection was Enter 1, 2, 3, 4, or 5.

entered in the Enter Option
field on the Warrant Inquiry
screen.

DTCC Public (White)

 Message Text Possible Cause Suggested Resolution

** INVALID OPTION- An invalid selection was Enter 1, 2, 3, 4, or 5.

PLEASE TRY AGAIN** entered in the Enter Option
field on the Warrant Inquiry
screen.

INVALID SELECTION- MUST An invalid value was entered Enter either S or I.

BE "S"OR "I" in the Sel field on the
Eligible Warrant or Priority
Warrants screen.

INVALID SELECTION- MUST An invalid value was entered Enter T in the Sel field to
BE "T" in the Sel field on the view a reply ticket for a
Participant Activity screen. specific activity.

ITEM ACCEPTED The warrant reversal has Exit the system.

been submitted for
processing.

LAST FOUR DIGITS OR Nothing was entered in the Enter the last four digits of
PHONE MUST BE ENTERED last four digits of the the phone number.
Contact Phone field.

LAST PAGE DISPLAYED PF11/23 was pressed to Press PF10/22 to scroll

scroll forward, but the end backward.
of available data for this
display has been reached.

LAST PAGE-- INVALID KEY PF11/23 was pressed to Press PF10/22 to scroll
scroll forward, but the end backward.
of available data for this
display has been reached.

NO INCOMPLETE Option 4 was selected on Press PF7/19 to return to

WARRANTS TO BE the Warrant Menu, but there the previous screen.
DISPLAYED are no incomplete warrants
to display.

NO OPTION FOR THIS A value was entered in the Leave the Option field
CUSIP Option field on the blank.
Warrant Exercises
screen, but the warrant
has no optional
underlying issues.

NO RECORDS FOR There are no items to Press PF7/19 to return to

SELECTED FIELDS display. the previous screen.

OPTION DOES NOT MATCH The value entered in the Enter the correct option.
THAT ON FILE Option field on the
Warrant Exercises screen
is incorrect.

OPTION MUST BE ENTERED No value was entered in the Enter a valid option from
Enter Option field on the the menu.
Warranty Inquiry screen.

DTCC Public (White)

 Message Text Possible Cause Suggested Resolution

PAR VALUE FOR THIS The value entered in the Reenter the Bond Qty.
BOND IS 9999 Bond Qty field on the
Warrant Exercises screen
does not match the par
value.

PARTICIPANT IS FROZEN- No activity is allowed for the Contact your Participant

USE PF KEY TO EXIT specific participant's account Services representative for
at the present time. an explanation.

PARTICIPANT IS FROZEN- No activity is allowed for the Contact your Participant

THIS ITEM MAY NOT BE specific participant's account Services representative for
PROCESSED NOW at the present time. an explanation.

PARTICIPANT MUST BE An entry in the Part No field Enter a participant number

ENTERED on the Warrant Inquiry (Group users only) .
screen is required.

PARTICIPANT MUST BE For group users: an attempt You must enter a

SELECTED ON INQUIRY was made to obtain a detail participant number on the
MENU display, but no participant Warrant Inquiry screen.
was specified on the Warrant
Inquiry screen.

PARTICIPANT NO. NOT The participant number Enter a numeric participant

NUMERIC entered is not numeric. number.

PARTICIPANT NOT The group user sign-on is Enter a participant number

ELIGIBLE TO THIS GROUP not allowed access to the that is part of your group.
USER participant number entered.

PARTICIPANT NOT ON For group users, the Enter a different participant

MASTER TABLES participant number entered number.
is not on file.

PARTICIPANT NOT VALID The participant number Reenter the participant

entered on the Warrant number.
Inquiry screen is invalid.

PARTICIPANT NUMBER The number entered in the Group users only. Reenter
DOES NOT MATCH THAT Part field on the Warrant the participant number.
ON WARRANT MASTER Reversals screen does not
RECORD match the participant
number on the original
warrant exercise
instructions.

PAST CUTOFF TIME- USE PF The cutoff time for this See When to Use for
KEY TO EXIT option has been reached. It information about the
is no longer available today. availability of this option.

PHONE NUMBER NOT A non-numeric value was Enter a numeric phone

NUMERIC entered on the Contact number.
Phone field.

PLEASE INPUT DATA ENTER was pressed prior to Enter the appropriate data
BEFORE PRESSING ENTER entering any data. and press ENTER.

DTCC Public (White)

 Message Text Possible Cause Suggested Resolution

RECORD IS STILL BEING The warrant exercise for this Try again later.
PROCESSED-REVERSAL reversal is not fully
CANNOT BE DONE AT THIS processed yet.
TIME

REVERSAL PASSED EDIT- The values entered on the Press PF1/13 to process the
PRESS PF1/13 TO Warrant Reversals screen reversal or PF12/24 to
PROCESS- PF12/24 TO have passed all edit cancel.
CANCEL. processes.

REVERSALS ONLY An attempt was made to Exit the system.

ALLOWED ON THE SAME reverse a warrant exercise
DAY AS THEY WERE that was entered on a
EXERCISED previous date.

SELECT ONLY ONE ISSUE More than one item was Select only one item at a
selected for processing. time.

SHARE QUANTITY DOES The value entered in the Reenter the warrant
NOT MATCH THAT ON Warrant Qty field on the quantity.
WARRANT MASTER Warrant Reversals screen
RECORD does not match the quantity
on the original warrant
exercise instruction.

THIS DOCUMENT NO. HAS The Document Number Exit the system.
ALREADY BEEN DELETED entered on the Warrant
Reversals screen has been
deleted.

THIS DOCUMENT NO. HAS An attempt was made to Exit the system.
ALREADY BEEN ENTERED enter a warrant exercise
TODAY that has already been
entered.

THIS DOCUMENT NO. HAS The Document Number Exit the system.
ALREADY BEEN REVERSED entered on the Warrant
Reversals screen has already
been reversed.

THIS DOCUMENT NO. IS An attempt was made to Press ENTER and start
ALREADY ON FILE, PLEASE enter a warrant exercise over.
DELETE THIS ITEM that has already been
entered.

THIS DOCUMENT NO. NOT The Document Number Enter a different document
FOUND ON WARRANT entered on the Warrant number.
MASTER Reversals screen was not
found in the system.

THIS INCOMPLETE An attempt was made to Press PF7/19 to return to

TRANSACTION MUST BE process an incomplete the previous screen.
SUBMITTED BY DTC transaction, but DTC must
submit this item.

DTCC Public (White)

 Message Text Possible Cause Suggested Resolution

THIS PARTICIPANT IS No activity is allowed on this Contact your Participant

FROZEN- NO PROCESSING account at the present time. Services representative for
ALLOWED an explanation.

THIS WARRANT CANNOT No valid payment bond is Leave the fields under
BE PAID BY BOND associated with this warrant Payment Bond
CUSIP. Payment must be in Information on the
cash only. warrant Exercises screen
blank.

THIS WARRANT CUSIP HAS The warrant for the CUSIP Exit the system or enter
EXPIRED specified in the Warrant another Warrant CUSIP.
CUSIP field has reached its
expiration date.

THIS WARRANT HAS More than one option applies Enter A or B.

OPTIONAL UNDERLYING to the specified warrant, and
ISSUES- PLEASE INDICATE nothing was entered in the
AN OPTION Option field on the
Warrant Exercises
screen.

TRANSMISSION ERROR Data was not received Rekey all data.

properly. Input data
ignored.

TRANSMISSION ERROR- The data entered was not Reenter all data.
PLEASE REKEY DATA received properly. Input data
was ignored.

USE OPTION#3 FOR Option 4 was selected on Use Option 3 for current
CURRENT INFORMATION the Warrant Inquiry screen, data and leave the Activity
and today's date was Date blank.
entered as the Activity
Date.

WARRANT CUSIP DOES The Warrant CUSIP Reenter the Warrant

NOT MATCH THAT ON entered on the Warrant CUSIP.
WARRANT MASTER Reversals screen does not
RECORD match the CUSIP on the
original warrant exercise
instruction.

WARRANT CUSIP INVALID An invalid value was entered Enter a valid CUSIP
in the Warrant CUSIP field. number.

WARRANT CUSIP MUST BE The Warrant CUSIP field Enter the Warrant CUSIP.
ENTERED was left blank, and a value
is required.

WARRANT PASSED EDIT- The values entered on the Press PF1/13 to process the
PRESS PF1 TO PROCESS- Warrant Exercises screen exercise or PF12/24 to
PF12/24 TO CANCEL have passed all edit cancel.
processes.

DTCC Public (White)

 Message Text Possible Cause Suggested Resolution

WARRANT QUANTITY MUST The value entered in the Enter a whole number.
BE A WHOLE NUMBER Warrant Qty field on the
Warrant Exercises screen
was not a whole number.

WARRANTS MAY ONLY BE An attempt was made to Exit the system.

REVERSED ON THE SAME reverse a warrant that was
DAY AS EXERCISED exercised on a previous
date.

DTCC Public (White)

 Message Text Possible Cause Suggested Resolution

WARRANT QUANTITY MUST The value entered in the Enter a whole number.
BE A WHOLE NUMBER Warrant Qty field on the
Warrant Exercises screen
was not a whole number.

WARRANTS MAY ONLY BE An attempt was made to Exit the system.

REVERSED ON THE SAME reverse a warrant that was
DAY AS EXERCISED exercised on a previous
date.

DTCC Public (White)

 THE DEPOSITORY TRUST COMPANY

4.16 WITHDRAWAL-BY-TRANSFER (WTS)

Overview

How To Access

How To Inquire About Rush Withdrawals-By-Trasnfer

Error Codes

Messages And Corrections

Withdrawal-By-Transfer (WTS) Page 1 April 1996

 THE DEPOSITORY TRUST COMPANY

4.16.1 Overview

The Withdrawal-By-Transfer function (WTS) provides the Participant with a

convenient way to access multiple functions relating to withdrawals. The
Participant accesses one main menu offering a choice of withdrawal functions
and interaction between the functions.

The following functions are accessible through WTS:

• Withdrawals-By-Transfer Inquiry (AWTI): allows the Participant to

inquire about dropped, pended and updated WT items for a specific date
and/or CUSIP number (refer to Section 2.31 for detailed instructions for
using AWTI).

• Night Withdrawals-By-Transfer (NWT1): allows the Participant to enter

WTs during the day that are processed by the Auto WT System during the
evening for next day update (refer to Section 4.07 for detailed instructions
for using NWT1).

• Rush Withdrawals-By-Transfer Update (RWT1): allows the Participant to

enter Rush Withdrawal-By-Transfer items (RWTs) during the day (refer to
Section 4.11 for detailed instructions for using RWT1).

• Rush Withdrawals-By-Transfer Inquiry: allows the Participant to inquire

about inputted, dropped and updated RWT items for a specific date and/or
CUSIP number.

• Participant Transfer Activity (STSE): allows the Participant to make online

inquiries about the status of its Withdrawal-By-Transfer (WT) activity
(refer to Section 2.06 for detailed instructions for using STSE).

• Direct Mail Services (DMDB): allows the Participant to withhold from

mailing certificate withdrawal requests for which DTC was previously
instructed to mail to designated recipients (refer to Section 4.08 for detailed
instructions for using DMDB).

Withdrawal-By-Transfer (WTS) Page 2 April 1996

 THE DEPOSITORY TRUST COMPANY

4.16.2 How To Access

Step Action

Step 1 Enter 'WTS' when the Enter Function Prompt Screen appears
(Figure 1).

XX99 D E P O S I T O R Y T R U S T
MM/DD/YY
00002199 - 99 PARTICIPANT TERMINAL SYSTEM
HH:MM:SS
ENTER FUNCTION: WTS

Figure 1. WTS Enter Function Prompt Screen

Step 2 Press the 'ENTER' key to obtain the Withdrawals Main Menu
Screen (Figure 2).

XX99 DEPOSITORY TRUST COMPANY

MM/DD/YY
00002199-99 WITHDRAWALS MAIN MENU
HH:MM:SS

1 - WITHDRAWALS-BY-TRANSFER INQUIRY (AWTI)

2 - NIGHT WITHDRAWALS-BY-TRANSFER (NWT1)

3 - RUSH WITHDRAWALS-BY-TRANSFER UPDATE (RWT1)

4 - RUSH WITHDRAWALS-BY-TRANSFER INQUIRY

5 - PARTICIPANT TRANSFER ACTIVITY (STSE)

6 - DIRECT MAIL SERVICES (DMDB)

OPTION:

ENTER: CONTINUE PF8/20: END FUNCTION PF9/21: SIGN

OFF

Figure 2. Withdrawals Main Menu Screen

Withdrawal-By-Transfer (WTS) Page 3 April 1996

 THE DEPOSITORY TRUST COMPANY

4.16.2 How To Access (continued)

Step 3 Enter the applicable option on the Withdrawals Main Menu

Screen:

• 1: Automated Withdrawals-By-Transfer (AWTI) (Section

2.31).
• 2: Night Withdrawals-By-Transfer (NWT1) (Section 4.07).
• 3: Rush Withdrawals-By-Transfer (RWT1) (Section 4.11).
• 4: Rush Withdrawals-By-Transfer Inquiry (Section 4.16.3).
• 5: Participant Transfer Activity (STSE) (Section 2.06).
• 6: Direct Mail Services (DMDB) (Section 4.08).

Step 4 Press the 'ENTER' key to access the function selected.

Note: The 'PF7/19' key returns the Participant to the Withdrawals

Main Menu Screen from any withdrawal function.

Step 5 Press either:

• 'PF8/20' key to change the function.

• 'PF9/21' key to end the processing session.

Withdrawal-By-Transfer (WTS) Page 4 April 1996

 THE DEPOSITORY TRUST COMPANY

4.16.3 How To Inquire About Rush Withdrawals-By-Transfer

Step Action

Step 1 Enter 4 (Rush Withdrawals-By-Transfer Inquiry) in the Option

field on the Withdrawals Main Menu Screen.

Step 2 Press the 'ENTER' key to obtain the Rush Withdrawal-By-Transfer

Inquiry Options Menu Screen (Figure 1).

XX99 RUSH WITHDRAWAL-BY-TRANSFER

MM/DD/YY
00002199-99 INQUIRY OPTIONS MENU
HH:MM:SS
PURGE DATE: MM/DD/YY

PLEASE SELECT ONE OF THE FOLLOWING OPTIONS:

1 - INPUTTED RWT ITEMS

2 - DROPPED RWT ITEMS
3 - UPDATED RWT ITEMS
4 - ALL RWT ITEMS

PART NUM :
OPTION :
INPUT DATE : / /
CUSIP NUMBER:

ENTER PROCESS OPTION PF8/20 END

FUNCTION
CLEAR REFRESH SCREEN PF7/19 MAIN MENU PF9/21 SIGNOFF

Figure 1. Rush Withdrawal-By-Transfer Inquiry Options Menu Screen

Step 3 Enter data for the following fields:

• Part Num: enter the Participant number; for Group users only.
• Option: enter any of the following:
- 1: for RWT items that were entered on the current business
day.
- 2: for RWT items that were dropped.
- 3: for RWT items that were updated.
- 4: for all RWT items.
• Input Date: enter the date the RWTs were entered; optional.
This field defaults to the current business date when left blank.
• CUSIP Number: enter the CUSIP number; optional.

Withdrawal-By-Transfer (WTS) Page 5 April 1996

 THE DEPOSITORY TRUST COMPANY

4.16.3 How To Inquire About Rush Withdrawals-By-Transfer (continued)

Step 4 Press the 'ENTER' key. The Inputted/Dropped/Updated RWT

Items Screen appears displaying a list of the appropriate RWTs
you want to view (Figure 2).

XX99 RUSH WITHDRAWAL-BY-TRANSFER

MM/DD/YY
00002199-99 DROPPED RWT ITEMS
HH:MM:SS
PAGE: 01
OF 01

PART NUM: 1234 AB CDEFG INPUT DATE:

02/27/96

CUSIP SHARE BROKER

SEQ
NUM QUANTITY REFERENCE
NUM
--------- --------------- --------------------------------------
-----
664397114 31.00000 BOX 5R/AAAAAAAA
40053
817917107 70,000.00000 5F/BBBBBB45
40141
876628124 2,037,600.00000 1234/JOHN Q. PUBLIC
40081

PF2/14 DETAIL SCREEN PF7/19 MENU PF8/20 END FUNCTION

PF9/21 SIGNOFF PF10/22 PAGE BWD PF11/23 PAGE FWD

Figure 2. Dropped RWT Items Screen

To View Detail Information:

Step 5 Position the cursor to the left of the CUSIP number of the RWT
you want to view.

Step 6 Press the 'PF2/14' key to obtain the Detail Screen (Figure 3). The
screen displays detail information.

Note:

1. The screen displays the status (inputted, dropped or updated)

of the RWT in the Status field.

Withdrawal-By-Transfer (WTS) Page 6 April 1996

 THE DEPOSITORY TRUST COMPANY

2. For 'dropped' RWTs, the screen displays the reason for not
processing the RWT, in the Error Code field. Refer to Section
4.16.4 for a list of Error Codes.

3. Press the 'PF6/18' key to return to the previous screen.

Withdrawal-By-Transfer (WTS) Page 7 April 1996

 THE DEPOSITORY TRUST COMPANY

4.16.3 How To Inquire About Rush Withdrawals-By-Transfer (continued)

XX99 RUSH WITHDRAWAL-BY-TRANSFER

MM/DD/YY
00002199-99 DETAIL SCREEN
HH:MM:SS

PART NUM: 1234 AB CDEFG INPUT DATE:

02/27/96
STATUS: DROPPED ERROR CODE: B
CUSIP: 123456788 QTY: 31.00000 TAX ID: 123-33-4444
BROKER REF: BOX AA/BBBBB001 SEQ NUM: 11111

REGISTRATION THIRD PARTY ADDRESS

----------------------------------- ------------------------------
JOHN Q. PUBLIC
100 MAIN STREET
ANYTOWN, NY 12345

ISSUE INSTRUCTIONS
QTY DENOMINATION QTY DENOMINATION QTY DENOMINATION QTY
DENOMINATION

PF6/18 PREVIOUS PF7/19 MENU PF8/20 END FUNCTION PF9/21

SIGNOFF

Figure 3. Detail Screen

To View RWTs Using The 'All' Option:

Step 7 Press the 'PF11/23' key to scroll to the list of RWTs you want to
view.The list begins with inputted RWTs followed by dropped and
updated RWTs.

Step 8 Press any of the following keys:

• 'PF2/14' key to obtain the detail screen of the RWT you want to
view.
• 'PF7/19' key to return to the Withdrawals Main Menu Screen.
• 'PF8/20' key to change the function.
• 'PF9/21' key to end the processing session.

Withdrawal-By-Transfer (WTS) Page 8 April 1996

 THE DEPOSITORY TRUST COMPANY

4.16.4 Error Codes

Code Description

A INVALID TRANS CODE/DUPE RECORD

B INELIG OR CHILLED CUSIP

C INELIG PART/SDFS OR REQD DROP

D FROZEN PARTICIPANT NUMBER

E NON-NUMERIC QUANTITY

F QUANTITY NOT EVEN MULTIPLE

G INVALID DATE: ORIGINAL INPUT

H NON-NUMERIC SEQUENCE NUMBER

I NON-NUMERIC NUM PIECES/DENOMIN

J INVALID TEFRA CODE

L NON-NUMERIC TAXPAYER ID

M INELIGIBLE MUNI BOND TYPE

N INVALID ASSIGNMENT TYPE

O INVALID DELETION DATE

P INVALID TAX WAIVER CODE

Q RECORD DATE ITEM - PEND OR DROP

R SEQUENCE ERROR

Withdrawal-By-Transfer (WTS) Page 9 April 1996

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4.16.4 Error Codes (continued)

Code Description

S NON-NUMERIC SEQUENCE DELETION

T BOND NOT A MULTIPLE OF 1000

U REGN NAME BLANK OR CEDE & CO.

V BAD INCOME GOV OR COMMON ISSUE

W INVALID UIT CODE

X INVALID DMA CODE/PARTICIPANT

Y INVALID REINVESTMENT CUSIP NUM

Z INVALID INMODE/TA NOT WT ELIG

Withdrawal-By-Transfer (WTS) Page 10 April 1996

 THE DEPOSITORY TRUST COMPANY

4.16.5 Messages And Corrections

Message Reason Corrective Action

INPUT DATE MAY NOT BE The Participant entered a date Enter a valid date.
IN THE FUTURE greater than the current
business date.

INVALID CUSIP Self-explanatory. Enter a new CUSIP number.

INVALID DAY IN INPUT Self-explanatory. Enter a new input date.

DATE

INVALID INPUT DATE Self-explanatory. Enter a new input date.

INVALID KEY PRESSED Self-explanatory. Press a valid PF key.

INVALID MONTH IN Self-explanatory. Enter a new input date.

INPUT DATE

INVALID OPTION The Participant entered an Enter a valid option.

invalid function.

INVALID PARTICIPANT Self-explanatory. Enter a valid Participant

NUMBER number.

INVALID YEAR IN INPUT Self-explanatory. Enter a new input date.

DATE

PARTICIPANT IS Self-explanatory. Enter an eligible Participant

INELIGIBLE FOR GROUP number.

Withdrawal-By-Transfer (WTS) Page 11 April 1996