Replies to post #115960 on 1812 Brewing Company Inc (KEGS)

[tommy boy]

I got stuck making sure 3,500 privates got homefor xmas at the airport.....jack and coke ;). Here is an excert that might explain the restricted shares.

Restricted Shares – Restricted shares refer to company stock used for employee incentive and compensation plans. Restricted stockowners need permission of the SEC to sell.
There is a waiting period after a company first goes public where insiders’ restricted stock is frozen. When insiders want to sell their stock, they must file a form with the SEC declaring their intention. Even insiders of established companies must file with the SEC before selling their restricted stock.


Maybe they belong to the new company, they are 3% of the O/S, nice round number.