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Re: Cindylou822 post# 211072

Friday, 06/24/2022 4:33:56 PM

Friday, June 24, 2022 4:33:56 PM

Post# of 233146
Considering those Form 4s specifically said:

( 1 )Represents awards of fully vested shares under the issuer's 2012 Equity Incentive Plan approved by its Compensation Committee of the Board of Directors with a value on the respective date of grant equal to reduction in reporting person's cash salary.



Good question on taxes....let's check the "2012 EQUITY INCENTIVE PLAN" to see what it says about stock equity disbursements and taxes....
https://www.sec.gov/Archives/edgar/data/1175680/000119312518094159/d554928dex101.htm

ARTICLE 13
MISCELLANEOUS
13.1 Tax Withholding. The Corporation has the right to deduct from any settlement of any Award under the Plan, including the delivery or Vesting of Shares or Awards, any federal, state, or local taxes of any kind required by law to be withheld with respect to such payments or to take such other action as may be necessary in the opinion of the Corporation to satisfy all obligations for the payment of such taxes. The recipient of any payment or distribution under the Plan has the obligation to make arrangements satisfactory to the Corporation for the satisfaction of any such tax withholding obligations. The Corporation will not be required to make any such payment or distribution under the Plan until such obligations are satisfied.


I follow Viking Wealth...shouldn't you ???

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