Paragon Offshore plc (fka PGNPQ)

[gta3uzi]

Okay, I went and did the research and here is what I am trying to convey. I was confusing the KERP with the performance retention bonuses announced in 2014.

Radioshack announces retention bonuses March 5th, 2014: http://bizbeatblog.dallasnews.com/2014/03/radioshack-board-approves-promotions-raises-and-a-retention-bonus-for-ceo.html/

Radioshack declares bankruptcy on February 5th, 2015: http://www.wsj.com/articles/radioshack-files-for-bankruptcy-1423175389

I was off by two quarters. Roughly 11 months separated the initial retention bonuses and bankruptcy, although the initial retention bonuses were not explicitly a KERP like the one PGN has announced.

Thank you for making me refresh my memory. Being wrong is bad.