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Re: TedJ post# 75890

Friday, 06/26/2020 6:03:30 PM

Friday, June 26, 2020 6:03:30 PM

Post# of 81999
Thank you, Ted. Your responses and fact finding contributions to posts on this board are very helpful.

The Form 4s for the four employees all contain a note that their rights to stock appreciation vest in 3 installments over a 3-year period of time and are contingent on their continuous employment.

That restriction and the fact that, despite our hopes and expectations, there is no absolute certainty of stock appreciation over the price on the award date (June 23, 2020) makes me think that this award is not apt to be tied entirely, if at all, to salary deferral.

As you point out, we will find out soon through the 10-Q.
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