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Re: newflow post# 707685

Tuesday, 04/04/2023 11:56:17 PM

Tuesday, April 04, 2023 11:56:17 PM

Post# of 729883
"In accordance with the Plan, the Trust will issue LTIs to WMI’s former shareholders if,
and only if, the Trust is able to monetize Liquidating Trust Assets in amounts sufficient to pay-
in-full claims held by beneficiaries of the Trust who are senior to members of Classes 19 and 22, and then, only if a shareholder had satisfied timely all conditions applicable to receiving any such Liquidating Trust Interests.
"

The waterfall didn't go any further than Class 18, which wasn't even paid in full. The WMI Liquidating Trust was dissolved over a year ago.

WMI transferred all assets to WMILT except WMMRC,WMIIC,WMB as per DS.
This link shows which classes were issued how much LTIs around $1B
https://www.sec.gov/Archives/edgar/data/933136/000090951812000125/mm03-2312_8ke993.htm
For whose benefit certain vehicles held LTIs,but not issued to beneficiaries?.Above list shows all parties who were issued LTIs.Which classes were not issued LTIs but HELD bu certain vehicles?.

If you look at first 8k,LT mentioned that equity was being issued LTIs.

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