Sentences with phrase «share classes offered»

Despite the confusion they create, the number of share classes offered by mutual fund families will most likely continue to grow.

A fund's per share capital gain distributions are the same for each share class offered.

A fund's per share capital gain distributions are the same for each share class offered.

The following overview provides general information about sales charges for Putnam funds, as different share classes offer different sales charge arrangements.

Not exact matches

Many plans, particularly those at large companies, offer access to inexpensive R share classes of mutual funds.

Zillow dropped more major news on Monday, announcing that it plans to offer 2.5 million shares of its Class A common stock in an underwritten public offering.

The Class A shares sold in this offering will come with limited voting rights — one vote per share.

Wearable camera maker GoPro Inc announced a follow - on offering of $ 800 million of Class A shares, with its chief executive saying he plans to sell a portion of his holdings in the company.

SABMiller's strategic shareholders, who hold 41 % of the company's stock, would receive a lower offer worth 37.49 a share paid overwhelmingly in the form of a new class of unlisted share with a five - year lock - up period (a premium of only 28 %).

Incubators and accelerators share many traits - networks, classes, mentors - but incubators tend to be longer (one to five years), and they don't frequently offer funding.

Facebook is offering 180 million shares of Class A common stock and selling stockholders are offering 241,233,615 shares of Class A common stock.

As of June 30, 2015, there were no shares of our Class A common stock and 291,005,896 shares of our Class B common stock outstanding, held by 611 stockholders of record, and no shares of our preferred stock outstanding, assuming the automatic conversion and reclassification of all outstanding shares of our convertible preferred stock into shares of our Class B common stock effective immediately prior to the completion of this offering.

When Facebook staged its initial public offering six years ago, it implemented a dual - class share structure that means Zuckerberg personally controls a majority of the voting stock even though other investors own the majority of the financial value of the company.

As of December 31, 2010, we also had outstanding options to acquire 15,202,015 shares of common stock held by employees, directors and consultants, all of which will become options to acquire an equivalent number of shares of Class B common stock, immediately prior to the completion of this offering.

Based on the number of shares outstanding as of December 31, 2010, upon the completion of this offering, shares of Class A common stock and 88,955,943 shares of Class B common stock will be outstanding, assuming no exercise of the underwriters» over-allotment option and no exercise of outstanding options.

As part of the listing, which could come as soon as June, Xiaomi will offer dual - class shares, which allow for weighted voting rights.

As of December 31, 2010, we had outstanding 45,647,201 shares of preferred stock, all of which will be converted into an equivalent number of shares of Class B common stock immediately prior to the completion of this offering.

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.

Shares sold by the selling stockholder in this offering will become Class A common stock upon such sale.

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.

We offer many ways for you to combine your current purchase of Class A fund shares with other existing Franklin Templeton fund shares that might enable you to qualify for a lower sales charge with your current purchase.

Fluctuations in the market price of our Class A common stock could cause you to lose all or part of your investment because you may not be able to sell your shares at or above the price you paid in this offering.

Participants will be able to end their participation at any time during an offering period and will be paid their accrued contributions that have not yet been used to purchase shares of our Class A common stock.

Dilution in pro forma net tangible book value per share to investors purchasing shares of our Class A common stock in this offering represents the difference between the amount per share paid by investors purchasing shares of our Class A common stock in this offering and the pro forma as adjusted net tangible book value per share of our Class A common stock immediately after completion of this offering.

Any reserved shares not so purchased will be offered by the underwriters to the general public on the same terms as the other shares of Class A common stock offered hereby.

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.

As of September 30, 2015, there were no shares of our Class A common stock and 297,294,713 shares of our Class B common stock outstanding, held by 665 stockholders of record, and no shares of our preferred stock outstanding, assuming the automatic conversion and reclassification of all outstanding shares of our convertible preferred stock into shares of our Class B common stock effective immediately prior to the completion of this offering.

Zynga, Groupon and GoPro offered multiple classes of shares to their investors and are each down at least 60 percent from their IPOs.

Upon the consummation of the initial public offering contemplated by the Company, all of the outstanding shares of convertible preferred stock will automatically convert into shares of Class B common stock.

Under the terms of the exchange offer, Intimate Brands shareholders are entitled to receive 1.10 shares of L Brands common stock in a tax - free exchange for each outstanding share of Intimate Brands Class A common stock tendered.

GoPro sold 17.8 million Class A shares in its initial public offering in June, excluding over-allotment options.

2,816,100 shares of our Class A common stock issuable upon the exercise of options to purchase shares of our Class A common stock granted after September 30, 2015 under our 2015 Equity Incentive Plan, with an exercise price per share equal to the public offering price set forth on the cover page of the final prospectus for this offering;

The purchase price of the shares will be 85 % of the lower of the fair market value of our Class A common stock on the first trading day of each offering period or on the exercise date.

After the completion of this offering, the holders of up to 248,396,604 shares of our Class B common stock (including shares issuable pursuant to the exercise of warrants to purchase shares of our capital stock that were outstanding as of September 30, 2015) will be entitled to certain «piggyback» registration rights.

The offering of Class A common shares is expected to start in the next couple of weeks and close by November, a company spokesman told Reuters.

Advisor Class, Class M, Class R, Class R6 and Class Z shares are only offered to certain eligible investors as stated in the prospectus.

Most Franklin Templeton funds offer multiple share classes.

The fund offers multiple share classes, which are subject to different fees and expenses that will affect their performance.

As if revenue sharing wasn't confusing enough, the mutual fund companies that pay these hidden 401 (k) fees tend to offer their funds in multiple sharing classes — with each paying different fees.

For Class C shares, generally the inception date is the first day the fund commenced offering such shares.

Franklin U.S. Government Money Fund Class R6 inception date is the first day it commenced offering such shares.

Conversion Rights — All convertible preferred stock will be automatically converted into common stock upon (i) the closing of an underwritten public offering of shares of common stock of the Company at a public offering price per share that provides at least $ 100 million in aggregate gross proceeds or (ii) approval of at least (a) holders of 66 % of the Series A convertible preferred stock, voting as a single class on an as - converted basis; (b) holders of a majority of the Series B convertible preferred stock, voting as a single class on an as - converted basis; (c) holders of a majority of the Series D convertible preferred stock, voting as a single class on an as - converted basis; and (d) the holders of at least a majority of the then outstanding shares of convertible preferred stock (voting together as a single class and not a separate series, and on an as - converted basis).

The company raised about $ 731.5 million by selling 22.4 million of the 36.6 million class A shares offered.

He is also the author of several IGOPP policy papers, which offer new perspectives on a range of controversial issues including: Dual - class voting shares, Corporate Citizenship, The place of women on boards of directors, Say - on - Pay by shareholders, The Gordian knot of executive compensation, The Troubling Case of Proxy Advisors, among others.

Returns at public offering price (after sales charge) for class A and class M shares reflect the current maximum initial sales charges of 5.75 % and 3.50 % for equity funds and Putnam Multi-Asset Absolute Return Fund, and 4.00 % and 3.25 % for income funds (1.00 % and 0.75 % for Putnam Floating Rate Income Fund, Putnam Absolute Return 100 Fund, Putnam Fixed Income Absolute Return Fund, and Putnam Short - Term Municipal Income Fund), respectively.

In technology start - ups, the class of shares offered to investors is typically created as part of the financing and will be tailored to the investors» needs.

In connection with this offering, the underwriters may engage in stabilizing transactions, which involves making bids for, purchasing and selling shares of Class A common stock in the open market for the purpose of preventing or retarding a decline in the market price of the Class A common stock while this offering is in progress.

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.

In addition to the non-employee director compensation policy, in connection with this offering, we adopted a director stock ownership policy encouraging non-employee directors to hold shares of our Class A common stock with a value equal to at least one times the fair value of the director's annual equity award.