I know for a fact that when Livington get shares at a discount, etc all terms of the settlement are clearly stated in the agreement.
Here's two examples of LAM Settlement Agreements. One with a discount (ONC*I) and one without (ADTM).
The former with ONC*I (is on-topic) and is being shown for example purposes only to highlight the language which would be found in ADTM agreement IF shares were being issued at a discount (which they're not)
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