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Birdrockboy

02/06/23 6:32 PM

#401350 RE: Gusman #401349

Gus - Form 4 is the SEC filing that insiders make when they acquire (open market purchases or grants from company) or dispose of shares. AMRN has previously issued insiders options and RSUs in the past. The terms of the stock and option plans will determine whether and under what circumstances the options and RSUs vest and whether they keep those shares if terminated prior to vesting. My guess is that the plan terms protect the insiders. What Sarissa can do if they constitute and control a new board is to change the terms of those plans going forward and reward future equity to management and board members based on company success and share price appreciation, rather than failure. All about alignment of interest between shareholders, management and the board - something we dont have today. #Vote Sarissa, #VoteBlue
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lizzy241

02/06/23 6:32 PM

#401351 RE: Gusman #401349

gusman, can't take away stock that has been issued to them. But if they're not vetted they lose them. It's basically spelled out in the proxy from 2020.