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  "documentTitle": "Tudor, Pickering, Holt &amp; Co | Investment Banking Pitch Book | 7 slides",
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  "authorName": "Tudor Pickering Holt",
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  "notes": "Includes TSM (Treasury Stock Method) calculations and illustrative share price projections.",
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      "text": "Source: FactSet as of 8/21/2018. (1) Represents dividends per share prior to options being exercised. (2) Includes the net dilution of shares issued for options exercised. (3) Net dilution assumes options are exercised at the FD illustrative PF AMGP share price and proceeds from the $19.36 strike price used to buy back shares. (4) Value of Series B consideration is based on the FD illustrative PF AMGP future share price and total shares issued for contractual value of Series B and options exercise each year.",
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