Tuesday, July 05, 2011 3:42:07 PM
Please help me understand if these are restricted shares that are still restricted by time or restricted shares that have passed their date of restriction.
I have had restricted shares in my Fidelity account that became restricted after an exchange by the company. I could not do anything with them except have a stock certificate issued to me. In this case they were worth $0.24 total and I just wanted them off my ledger.
If one obtains restricted BORK shares do you have to wait for the time restriction to expire, then exchange them through the transfer agent for unrestricted shares that can then be deposited into an account? Just trying to understand.
Thanks.
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