As a result, they introduced multiple
share classes giving investors several options for paying sales charges.
Not exact matches
Dual -
class share structures, which
give controlling shareholders more than one vote per
share or designate some
shares as non-voting, are particularly unpopular among governance wonks and institutional investors.
The eight members of the Beaudoin - Bombardier family — heirs of Joseph - Armand Bombardier, who invented the snowmobile — control the company through a dual -
class share structure that
gives class A
shares, 54 % of which are owned by the family members, 10 votes apiece.
It also announced it will create a new
class of non-voting
shares in a move aimed at letting Mark Zuckerberg
give away his wealth without relinquishing control of the social media juggernaut he founde...
I don't mean run it in the red — I mean pay yourself a huge salary, reward yourself with a gigantic bonus regardless of actual company performance, and issue a special
class of
shares that only you own that
gives you ten times the dividends the other shareholders receive.
Dual
classes give some shareholders more voting rights per
share than others.
Therefore, if you purchase
shares of our
Class A common stock in this offering, you will experience immediate dilution of $ per
share, the difference between the price per
share you pay for our
Class A common stock and its pro forma net tangible book value per
share as of September 30, 2010, after
giving effect to the issuance of
shares of our
Class A common stock in this offering.
In addition, investors purchasing
shares of our
Class A common stock from us in this offering will have contributed % of the total consideration paid to us by all stockholders who purchased
shares of our
Class A common stock, in exchange for acquiring approximately % of the outstanding
shares of our
Class A common stock as of, 2015, after
giving effect to this offering.
Furthermore, investors purchasing
shares of our
Class A common stock in this offering will only own approximately % of our outstanding
shares of
Class A and
Class B common stock (and have % of the combined voting power of the outstanding
shares of our
Class A and
Class B common stock), after the offering even though their aggregate investment will represent % of the total consideration received by us in connection with all initial sales of
shares of our capital stock outstanding as of September 30, 2010, after
giving effect to the issuance of
shares of our
Class A common stock in this offering and
shares of our
Class A common stock to be sold by certain selling stockholders.
In addition, investors purchasing
shares of our
Class A common stock from us in this offering will have contributed 29.8 % of the total consideration paid to us by all stockholders who purchased
shares of our common stock, in exchange for acquiring approximately 8.4 % of the outstanding
shares of our
Class A common stock as of September 30, 2015, after
giving effect to this offering.
Mr. Tom Beers and Ms. Mary Durfee are the joint owners of 100
shares of
Class B Common Stock and have
given notice that a representative of Clean Yield Asset Management intends to present for action at the meeting the following proposal.
But it also creates a dual
class share structure, which has
given rise to a broader debate about legal protections for outside shareholders and the role that securities regulators should play in Canadian capital markets.
on a pro forma basis,
giving effect to (i) the automatic conversion of all of our outstanding
shares of convertible preferred stock other than Series FP preferred stock into
shares of
Class B common stock and the conversion of Series FP preferred stock into
shares of
Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per
share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue
shares of
Class A common stock and
Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million
shares of
Class A common stock and 5.5 million
shares of
Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
The pro forma consolidated balance sheet data
gives effect to (i) the automatic conversion of all of our outstanding
shares of convertible preferred stock other than Series FP preferred stock into
shares of
Class B common stock and the conversion of Series FP preferred stock into
shares of
Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per
share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue
shares of
Class A common stock and
Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million
shares of
Class A common stock and 5.5 million
shares of
Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
The number of
shares of our
Class A common stock outstanding after this offering as shown in the tables above is based on the number of
shares outstanding as of September 24, 2014, after
giving effect to the Transactions and the Assumed Redemption, and excludes 5,952,917
shares of
Class A common stock reserved for issuance under our 2015 Incentive Award Plan (as described in «Executive Compensation — New Employment Agreements and Incentive Plans»), consisting of (i) 2,689,486
shares of
Class A common stock issuable upon the exercise of options to purchase
shares of
Class A common stock granted on the date of this prospectus to our directors and certain employees, including the named executive officers, in connection with this offering as described in «Executive Compensation --
Based on
shares outstanding as of December 31, 2016, on the closing of this offering, we will have outstanding a total of
shares of
Class A common stock,
shares of
Class B common stock, and
shares of
Class C common stock, assuming no exercise of outstanding options, and after
giving effect to the conversion of all outstanding
shares of our preferred stock into
shares of
Class B common stock on the closing of this offering and the sale of
Class A common stock by the selling stockholders in this offering.
The number of
shares of our
Class A common stock outstanding after this offering as shown in the tables above is based on the number of
shares outstanding as of September 24, 2014, after
giving effect to the Transactions and the Assumed Redemption, and excludes
shares of
Class A common stock reserved for issuance under our 2015 Incentive Award Plan (as described in «Executive Compensation — New Employment Agreements and Incentive Plans»), consisting of (i)
shares of
Class A common stock issuable upon the exercise of options to purchase
shares of
Class A common stock granted on the date of this prospectus to our directors and certain employees, including the named executive officers, in connection with this offering as described
The billionaire owns both
Class B and
Class C
shares,
giving him an aggregate stake of about 5.5 percent of the business, according to a November 2017 filing.
Upon the completion of this offering and after
giving effect to the planned recapitalization of our common stock into a single
class of common stock and stock split, SIH will own
shares of our outstanding common stock (representing % of the
shares outstanding), our founders and their family trusts will own an aggregate
shares of our outstanding common stock (representing % of the
shares outstanding) and our employees who received
shares upon the liquidation of the special purpose employee ownership vehicle will own
shares of our outstanding common stock under a restricted stock award (representing % of the
shares outstanding), in each case as it relates to the percentage ownership assuming that the underwriters do not exercise their option to purchase additional
shares.
High Times — which currently trades under Origo Acquisition Corporation (NASDAQ: OACQ)(OTC: OACQF)-- will
give Green Rush's sole proprietor, McGovern, a total of 577,651
Class A
shares and $ 500,000 in cash.
We expect Travis will continue to gain market
share,
given its leading brands and best in
class management team.
They're allowed to
give you self - interested advice — for example, by selling you the
class of mutual - fund
shares that pays the highest commissions instead of lower - cost
shares in the same fund.
We do believe that the material outperformance of the dual -
class basket does make a very strong case for holding these types of companies in a portfolio and in the least should
give pause to investors that want to paint with a broad brush and ignore all companies with this
share structure.
Strikingly, our catechists these days often just use apologetics tracts as their textbooks for catechism
class,
giving the faithful mere leftovers of what was actually prepared for others who do not yet
share our faith.
Giving you enough leeway to follow your own pace, the coaches
share positive reinforcement and check on each participant during the
class to make sure they're reaching their limits or doing an exercise correctly.
My sister Kyoung
shared, «I was going to take this
class just to try it out... why not
give Genevieve a try?
Class - teachers feel
SHARE FOR DADS raises the profile of fathers in the school,
gives children positive male role models, and shows them fathers can be an important part of their school lives, and that fathers are connected to the school.
Give her things to
share with friends on a playdate or at school like stickers, a snack for the
class or small toys.
That's a good thing though if you're looking to
give your daughter a name with a touch of glam but not one that she's going to
share with every other child in her
class.
Sometimes,
sharing means that you
give permission to others in the
class that might have been on a similar journey to talk about it.
The women who run the 1,500 + FIT4MOM
class locations
share Druxman's passion for a business that
gives top priority to family.
Celeb moms ranging from Gwen Stefani to Jessica Alba swear by this grueling, 90 - minute workout — and so do I. Trust me: as someone who has endured my fair
share of spin / boxing / boot - camp / gravity - training
classes, I can tell you first - hand that Bikram will
give you your old body back (only better).
We went for those
classes that the hospital
give before babys birth and i met moms there — i will
share with them as well
Let's tax fairly in relation to wealth...
give middle and working
class tax relief and expect the donor
class to pay their fair
share... as they did before Citizens United allowed them to purchase our government!
It also allows for a school to
give you complete responsibility for a particular
class, rather than having to
share the teaching of a
class with a full - time member of staff.
This also
gives you an opportunity to potentially
share with their parents about what yoga
class is covering.
There is one near my office, so now that I know I can get a
class for free, I'll definitely be
giving it a go Thanks for
sharing!
Joining a sports team, Taking cooking
classes, or learning a foreign language, for example,
gives a new skill and provides the opportunity to
share the learning process and so have something in common with a group of diverse people, many of whom would no doubt be single and also hopeful of meeting someone nice.
And
sharing a
class with women
gives you a natural excuse to spend time with women you find attractive and ways to get to know them better.
As well as being a trenchant case for
class consciousness, it's a bruising reminder that people can
share your sexuality without
giving a shit about your welfare.
Soon, Jeff is back in the upstairs apartment he
shares with mum Patty (Miranda Richardson), gone below the knees.By this time, we've met the extended family and friends, a working -
class clan who wouldn't usually be
given house - room with a worthy subject like this.
Have the rest of the
class partner up to discuss their questions for one minute and then
give them the opportunity to
share out to the whole
class.
At the beginning of
class the next day,
give your
class 5 — 10 minutes to review what was posted online, and then have each student
share either one lingering question or a new idea that came from a classmate.
Lots of questions are
given on the board so pupils work independently and
share ideas with
class during a group discussion.
This is when you
give them one day a week or a certain time each day to explore something they are passionate about and then
share their discoveries with
class after a set amount of time.
All questions are
given on the board so pupils work independently and
share ideas with
class during a group discussion.
Then using this «
Give one take one» idea, children wrote down the four facts and then chose 1 to
share, moving around the
class building up facts from others and putting them under the correct heading.
This does take some time away from reading, but I love to
give students an opportunity at least once during the semester to
share a favorite book with the
class.
But also pointing out that in
class discussions that disagreement has to be conducted respectfully so that if you disagree with one another about something we're
sharing you
give reasons for that, you don't simply mouth off at another student because you disagree with them.
Whether you have a
class set of Chromebooks
shared by your grade level team or a handful of iPads
given to your
class at the beginning of the year, the possibilities are endless.