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scoop9

08/08/16 4:26 PM

#34993 RE: loanranger #34991

That 2011 distribution is what is being talked about.

They were issued in a "restricted" form.

There was some type of cost associated with "unlocking them".

A fee that was ONLY justifiable if you held large amounts
of stock. It was ultimately intended to benefit only large shareholders(IE:Hedge funds/financiers,etc).


Scoop
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pescelepesce

08/08/16 5:29 PM

#34995 RE: loanranger #34991

Both sets of what were once "restricted shares" were directly related to the two previous R/S. Number of restricted shares issued to share holders were predicated on number of shares possessed prior to each R/S. Shares are no longer restricted. Mine(both sets) became unrestricted (Ameritrade) with no intervention on my part in 2015. While large is a relative term I don't consider myself such.