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12. Capital Structure <br />All of the Company’s common stock is held by the Parent in direct proportion to ownership units (“Class A Units”) <br />held by investors in the Parent. The Parent issues Class A Units to investors, including certain management <br />employees. During 2016, the Parent issued 266 new Class A units. Since the Parent is a holding company, it relies <br />on the Company to satisfy the Parent’s obligations for any equity units called for redemption. The Parent redeems <br />vested units at their then fair market value primarily upon the termination of management employees. When the <br />Parent’s units are redeemed, the Company repurchases the associated common stock and makes a distribution to the <br />Parent in order to fund the redemption. There were $22,874 and $3,263 to fund redemptions of Parent units during <br />the years ended December 31, 2016 and 2015, respectively. <br />BrightView Acquisition Holdings, Inc. <br />Notes to the Consolidated Financial Statements <br />For the Years Ended December 31, 2016 and 2015 <br />(in thousands) <br />All plans the Company participates in are either in the “green” zone or, for those funds in the “yellow” zone, have <br />developed appropriate funding improvement plans, as required under the IRC. The following table summarizes the <br />status of all plans in which the Company participates, as well as the contributions made to each plan: <br />Employer <br />Identification <br />Number/Plan Zone 2016 2015 <br />Pension Plan Legal Name Number Status Contributions Contributions <br />Construction Industry and Laborers Joint <br />Pension Fund 88-0135695-001 Yellow $ 129 $ 78 <br />Construction Laborers Pension Trust Fund <br />for Southern California 43-6159056-001 Green 705 347 <br />Excavators Union Local 731 Pension Fund 13-1809825-002 Green 263 192 <br />International Union of Operating Engineers <br />Local 4 Pension Plan 04-6013863-001 Green 202 232 <br />Laborers Pension Trust Fund for Northern <br />California 94-6277608-001 Yellow 788 704 <br />Massachusetts Bricklayers and Mason <br />Pension Fund 04-6128039-001 Yellow 223 243 <br />Massachusetts Laborers Pension Fund 04-6128289-001 Green 796 808 <br />Plumbers and Pipefitters National Pension <br />Fund 51-6108443-001 Green 755 527 <br />San Diego County Construction Laborers’ <br />Pension Trust Fund 95-6090541-001 Green 675 227 <br />All Other Funds 307 107 <br />Total Pension Plan Contributions $ 4,843 $ 3,465 <br />23 <br />Confidential