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Ms.Dtox

04/15/24 4:22 AM

#7012 RE: vinmantoo #7004

Hi. Answering your question about stock grants. I’m referring to vested stock units as part of negotiated signing compensation, vested stock units that were grants (still as negotiated compensation in lieu of annual raises) and employee purchased stock. The first two are earned as part of compensation and in my case I paid $48k for employee purchase stock over a period of 4 years that grew exponentially. We could not sell these during long black out periods. I also have Restricted Stock units that have not vested that aren’t worth much at this point.

I don’t think of this as a freebie or a windfall. It’s deferred compensation and money I earned and invested. 😞