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VIXY Reverse Stock Split Announcement

ProShares VIX Short-Term Futures ETF (VIXY) will undergo a 1-for-4 reverse stock split effective November 7, 2024, changing its symbol to VIXY2. Each VIXY share will convert to 0.25 new shares of the ETF, with the new contract multiplier set to 100. The memo serves as an unofficial summary for market participants, emphasizing the need for independent verification of the information provided.

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33 views2 pages

VIXY Reverse Stock Split Announcement

ProShares VIX Short-Term Futures ETF (VIXY) will undergo a 1-for-4 reverse stock split effective November 7, 2024, changing its symbol to VIXY2. Each VIXY share will convert to 0.25 new shares of the ETF, with the new contract multiplier set to 100. The memo serves as an unofficial summary for market participants, emphasizing the need for independent verification of the information provided.

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prepaid.exch
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© All Rights Reserved
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#55479

Date: November 01, 2024

Subject: ProShares VIX Short-Term Futures ETF - Reverse Split


Option Symbol: VIXY
New Symbol: VIXY2
Date: 11/07/2024

ProShares VIX Short-Term Futures ETF (VIXY) has announced a 1-for-4 reverse stock split. As a result of
the reverse stock split, each VIXY Share will be converted into the right to receive 0.25 (New) ProShares
VIX Short-Term Futures ETF Shares. The reverse stock split will become effective before the market open
on November 7, 2024.

Contract Adjustment

Effective Date: November 7, 2024

Option Symbol: VIXY changes to VIXY2

Contract
Multiplier: 1

Strike Divisor: 1

New Multiplier: 100 (e.g., for premium or strike dollar extensions 1.00 will equal $100)

New Deliverable
Per Contract: 25 (New) ProShares VIX Short-Term Futures ETF (VIXY) Shares

CUSIP: VIXY (New): 74347Y730

Pricing

The underlying price for VIXY2 will be determined as follows:

VIXY2 = 0.25 (VIXY)

Disclaimer

This Information Memo provides an unofficial summary of the terms of corporate events affecting listed
options or futures prepared for the convenience of market participants. OCC accepts no responsibility for
the accuracy or completeness of the summary, particularly for information which may be relevant to
investment decisions. Option or futures investors should independently ascertain and evaluate all
information concerning this corporate event(s).

The determination to adjust options and the nature of any adjustment is made by OCC pursuant to OCC
By-Laws, Article VI, Sections 11 and 11A. The determination to adjust futures and the nature of any
adjustment is made by OCC pursuant to OCC By-Laws, Article XII, Sections 3, 4, or 4A, as applicable. For
both options and futures, each adjustment decision is made on a case by case basis. Adjustment
decisions are based on information available at the time and are subject to change as additional
information becomes available or if there are material changes to the terms of the corporate event(s)
occasioning the adjustment.

ALL CLEARING MEMBERS ARE REQUESTED TO IMMEDIATELY ADVISE ALL BRANCH OFFICES
AND CORRESPONDENTS ON THE ABOVE.

For questions regarding this memo, please email the Investor Education team at options@[Link].
Clearing Member Firms of OCC may contact Member Services at 1-800-544-6091 or, within Canada, at 1-
800-424-7320, or email memberservices@[Link].

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