.0003 1/3 per share , and permits amendments to the charter without stockholder approval to increase or decrease the aggregate number of shares of stock authorized , or the number of shares of stock of any class or series of stock authorized , and to classify or reclassify unissued shares of stock . in conjunction with the initial public offering , 1.0 million shares of class b convertible common stock were converted into shares of class a common stock on a one-for-one basis in connection with a stock sale