Replies to post #1893 on Denbury Resources Inc. (fka DNRCQ)

[tutt1126]

Question?
Let's pretending that shares of voting classes A and B will be wiped out.
If that is so, why did president of dnrcq compensate himself with 1375509 shares of common stock on 6-30-2020?
Didn't he know that shares will be wiped out.?

[tdbowieknife]

Forfeited...

1. The reported transaction involved the reporting person's voluntary forfeiture of 1,205,049 shares of unvested restricted stock in connection with the issuer adopting a new executive compensation program

https://www.sec.gov/Archives/edgar/data/945764/000094576420000051/xslF345X03/wf-form4_159190932795660.xml

After that he was left with 1,375,509 shares. He also sold 1,205,049 on 3/31/2020 that left him with 2,614,925. there are others as well.


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