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Re: mickeybritt post# 418443

Friday, 07/28/2017 6:36:15 PM

Friday, July 28, 2017 6:36:15 PM

Post# of 432588
mickey: According to the proxy statement, it appears that depending on the stock price when the award is made the answer is YES to your question " is the lower the stock price is the more shares the management receives free?".

"usage could be substantially different from our forecasted Share usage if our stock price on the date the award is granted is significantly different from the stock price assumed in the forecast (which was $84). For example, if our stock price on the date the award is granted is lower than the stock price assumed in the forecast (which was $84), we would need a larger number of Shares than the number projected by the forecast in order to deliver the same value to participants."
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