Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: Exchangeable Notes— On March 4, 2022 and March 8, 2022, we issued 25,557,462 shares of our class A common stock and paid $13.9 million of cash in the aggregate to certain holders of the 5.75% exchangeable notes upon exchange by such holders of $60.3 million in aggregate principal amount of the 5.75% exchangeable notes.
+Added: Redemption of Redeemable Noncontrolling Interest— On May 23, 2022, 57,741,599 shares of our class A common stock were issued to Wafra in connection with the redemption of Wafra's interest in the Digital IM business and certain of Wafra's entitlement to carried interest, as discussed in Note 10 to the consolidated financial statements.
Redemption of Membership Units in OP ("OP Units") —Holders of OP Units have the right to require the OP to redeem all or a portion of their OP Units for cash or, at our option, shares of our class A common stock on a one-for-one basis.
−Removed: In the first quarter of 2022, in satisfaction of a redemption request by a former employee OP Unit holder, 882 shares of our class A common stock were issued to the former employee.
+Added: In the second quarter of 2022, in satisfaction of redemption requests by former employee OP Unit holders, 400,000 shares of our class A common stock were issued to the former employees.
Such shares of class A common stock, as described above, were issued in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.