Thursday, May 09, 2019 11:59:32 AM
More importantly, the last paragraph is misleading. They do not get rewarded the same as all shareholders. Each one of their common shares, however, is worth the same as a shareholders..just as it is with stock in another company. VYST can do poorly, and the CEO (and Jamie and GR) arguably can make more $$. Straight from the 10K -- the Rotmans are compensated with more shares the lower the PPS goes. Unlike a fixed conversion rate, the market-price based conversion rates are what the SEC acknowledges as "floorless". So no, they still benefit even if shareholders do not.
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