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Re: Jasbg post# 406957

Saturday, 04/08/2023 11:20:40 AM

Saturday, April 08, 2023 11:20:40 AM

Post# of 424141
jasbg, I've always said KM was in over his head. Sarissa will have to really prove he doesn't qualify for the bonus. It's stated in all the form 4's in the footnotes. If there's a change in control KM is entitled to a huge bonus. I guess the court will decide if Sarissa's move to take over the board isn't a change in control. They'll have to define a change in control whether it's from the inside or change in control if an outsider e.g. another company is defined as a change in control. I think the defamation issue is very real and KM will win that. Amarin will have to settle. But it depends on the UK charter and how it's defined.
Check out the Remarks in the footnotes for KM's form 4 filing.

https://www.sec.gov/Archives/edgar/data/897448/000089924323006077/xslF345X03/doc4.xml
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