No - the pps listed is reflective of the value of the holdings on the filing date. It has nothing to do with what the pps may be when a shareholder decides to sell. If a shareholder files the 144, they have 90 days to sell at whatever price they choose to sell. If a shareholder does not sell in that 90 days, they must re-file the 144 and more than likely, there will be a different pps/value on the form.
The filing on Vickers is incorrect. Stalh does not have 20M shares to sell. He has 1.3M. My opinion is that Stahl and/or his broker filed his 144 forms based on pre-split APO plus Paivis shares. Not post split Paivis shares. The reason I believe this is because when I filed my 144 forms…B & A instructed me to fill out the form (Table A) with my JPHC information, the date I bought, number of shares, etc. I thought that would really be confusing, so I contacted Paivis’s lawyer and the TA and asked them their opinion. They instructed me to fill out the form with my PAVC merger information…which did make more sense to me. I then had a conference call with B&A and the lawyer and they came to the consensus that the 144 forms (Table A) needed to reflect the PAVC merger information post split.
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