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bar1080

04/07/18 10:58 PM

#1457 RE: pyramids #1456

But shares of both classes of common stock have equal claims against earnings, assets (if the corp is liquidated) and dividends. For example, in the unlikely event Fitbit corp makes a profit and pays a dividend, the payout would go to all shares of both classes. Whether or not the shares trade makes no difference in terms of receiving the dividend.

Note too: "Each share of Class B common stock is entitled to ten votes and is convertible at any time into one share of Class A common stock."

What's your point???

https://www.sec.gov/Archives/edgar/data/1447599/000119312515227173/d875679d424b4.htm