Exchange Act Rule 14a-4(a)(3) concerns the "unbundling" of separate matters that are submitted to a shareholder vote by a registrant or any other person soliciting proxy authority. These interpretations relate to unbundling under Rule 14a-4(a)(3) in the context of mergers, acquisitions, and similar transactions and replace the "September 2004 Interim Supplement to Publicly Available Telephone Interpretations (Regarding Unbundling under Rule 14a-4(a)(3) in the M&A Context)." The bracketed date following each interpretation is the latest date of publication or revision.