Z corporation has 100 shares of voting common stock and 200 shares of nonvoting common stock outstanding. Every share of Z common stock has a fair market value of $100. Don owns 60 shares of Z voting common stock and 100 shares of Z nonvoting common stock. Jerry owns all of the remaining Z stock. Don and Jerry are not related to one another. If Z redeems 30 of Dons voting common shares, will the redemption qualify for exchange treatment under 302(b)(c)?