News Focus
News Focus
Followers 265
Posts 32167
Boards Moderated 0
Alias Born 02/14/2014

Re: BigBadWolf post# 83114

Wednesday, 05/08/2019 1:23:52 PM

Wednesday, May 08, 2019 1:23:52 PM

Post# of 164179
Actually quite right, I have been involved with a public company who has issued such shares and the vesting varies greatly depending on the contract, terms of service offered, length of service and so on.

Based on my direct experience with a NASDAQ company there are varied rules and nothing strict and set in stone for shares issued to consultants.

Simply stating one has vast knowledge without providing proof for anything is meaningless.

Here is a sample form from the SEC

https://www.sec.gov/Archives/edgar/data/872912/000119312510284407/dex105.htm

A situation that can cause shares to automatically vest is change in control of entity, so the merger of Rotman's can easily trigger all restricted shares to vest
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VYST News