Sentences with phrase «shared voting power»

Each of Hopper, Barberry and Mr. Icahn has shared voting power and shared dispositive power with regard to such Shares.

Each of Icahn Onshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn has shared voting power and shared dispositive power with regard to such Shares.

Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn has shared voting power and shared dispositive power with regard to such Shares.

Not exact matches

Zynga announced a new share structure Wednesday that voluntarily reduces the voting power of chairman and co-founder Mark Pincus.

announced a new share - class structure that would voluntarily reduce the voting power of co-founder

In November 2009, Facebook's board of directors voted to establish a dual - class stock structure, moving the existing shareholders stock from Class A to Class B shares, which carry 10 times the voting power.

Shareholders will now have one vote per share, ending a class of supervoting shares in a move that substantially decreases the power of Kalanick and some other early investors.

Ek will retain 37 percent voting power in Spotify regardless of how many of the newly registered shares he sells.

The power behind Fink's threat to enforce his views hinges, in part, on the standard of one share, one vote — that shareholders» voting power is based on the number of shares they own in a given company rather than the votes of entrenched founders or early investors.

Kalanick's large holdings of Class B shares, which awarded him 10 - to - 1 voting power, will transform so each shareholder has one vote per share, The New York Times reported.

Zuckerberg has little shareholder accountability, since he owns nearly 60 % of Facebook's shares and a concomitant amount of voting power.

Class A shares each entitled to a single vote — a relatively minimal level of voting power.

In such filing, The Vanguard Group lists its address as 100 Vanguard Blvd., Malvern, PA 19355, and indicates that it has sole voting power with respect to 10,208,579 shares of Apple's common stock, sole dispositive power with respect to 322,573,028 shares of Apple's common stock, and shared dispositive power with respect to 332,239,563 shares of Apple's common stock.

In tabulating the voting result for any particular proposal, shares that constitute broker non-votes are not considered voting power present with respect to that proposal.

Chief Executive Officer and co-founder Drew Houston will hold 22 percent of the shares outstanding after the offering, or 24 percent of the voting power, according to the filing.

Such conversions of Class B common stock to Class A common stock upon transfer will have the effect, over time, of increasing the relative voting power of those holders of Class B common stock who retain their shares in the long term.

Your proxy authorizes Michael J. Loughlin, James M. Strother, and Julie M. White, and each of them, with full power of substitution, as proxies, to vote your shares in the same manner as if you had voted your shares in person at the Annual Meeting.

Icahn Master has sole voting power and sole dispositive power with regard to 4,861,502 Shares (including Shares underlying call options).

Mr. Gracias is a shareholder and director of Valor Management Corp., and may be deemed to have shared voting and investment power with respect to the shares held of record by VEM II.

In addition, each share of our Class B common stock will convert automatically into one share of our Class A common stock upon any transfer, whether or not for value, except for transfers to existing holders of Class B common stock and certain other transfers described in our amended and restated certificate of incorporation, or upon the affirmative vote of a majority of the voting power of the outstanding shares of our Class B common stock, voting separately as a class.

Neither FMR LLC nor Abigail P. Johnson has the sole power to vote or direct the voting of the shares owned directly by

When the shares of our Class B common stock represent less than 5 % of combined voting power of our Class A common stock and Class B common stock, the then - outstanding shares of Class B common stock will automatically convert into shares of Class A common stock.

(b) High River has sole voting power and sole dispositive power with regard to 2,993,477 Shares (including Shares underlying call options).

VEM II is advised directly and / or indirectly by Valor Management Corp., which may be deemed to have shared voting and investment power with respect to the shares held of record by VEM II.

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.

All outstanding shares of our Class B common stock will convert into shares of our Class A common stock when the shares of our Class B common stock represent less than 5 % of the combined voting power of our Class A common stock and Class B common stock.

For starters, one share now only equals one vote, meaning Travis Kalanick will have less power over the board.

John Doerr, Ted Schlein, Brook Byers, Bing Gordon, and Mary Meeker are managing members of KPCB DGF Associates, LLC, the managing member of the DGF Funds, and share voting and dispositive power over the shares held for the account of the DGF Funds.

Mr. Buffett and Berkshire Hathaway share voting and dispositive power over 342,235,585 reported shares, which include shares beneficially owned by certain subsidiaries of Berkshire Hathaway.

John Doerr, Ted Schlein, Brook Byers, and Bing Gordon are managing members of KPCB sFund Associates, LLC, the managing member of sFund and, therefore, share voting and dispositive power over the shares held by sFund.

If you vote by Internet, telephone, or mail, you authorize, as applicable, the 401 (k) Plan trustee or the Stock Purchase Plan custodian to designate Michael J. Loughlin, James M. Strother, and Julie M. White, and each of them, with full power of substitution, as proxies, to vote your shares as you instruct at the Annual Meeting.

Mr. Buffet reports sole voting and dispositive power over 2,240,000 of the shares.

If you vote by Internet, telephone, or mail, you authorize, as applicable, the 401 (k) Plan trustee or the Stock Purchase Plan custodian to designate Patricia R. Callahan, Michael J. Loughlin, and James M. Strother, and each of them, with full power of substitution, as proxies, to vote the shares as you instruct at the Annual Meeting.

Accordingly, the voting power afforded to the Continuing LLC Owners through their shares of Class B common stock is automatically and correspondingly reduced as they exchange LLC Units for shares of Class A common stock pursuant to the Exchange Agreement described below.

The managing members of Walton Enterprises, LLC have the power to sell and vote those Shares.

Accordingly, the voting power afforded to the Continuing LLC Owners by their shares of Class B common stock is automatically and correspondingly reduced as they exchange LLC Units and Class B common stock for shares of the our Class A common stock pursuant to the Exchange Agreement.

Alice L. Walton, Jim C. Walton and S. Robson Walton share voting and dispositive power with respect to all Shares held by Walton Enterprises, LLC, individually as managing members of Walton Enterprises, LLC, and in their capacities as co-trustees of the John T. Walton Estate Trust, which is also a managing member of Walton Enterprises, LLC.

The Italian family is moving its holding company, Exor, to the Netherlands and attaching new shares that will reward long - term holders like themselves with 10 times newbies» voting power.

VII, L.L.C., may be deemed to have shared power to vote these shares.

I guess the lesson of Travis Kalanick's resignation as chief executive officer of Uber Technologies Inc. is that you can be the visionary founder of a massive company, stay private to avoid the pressures of the public market, keep control of a majority of the voting power of the shares, and still be forced out in a boardroom coup led by activist shareholders:

At Alphabet, the parent company of Google, voting power is even more concentrated because of a limited supply of supervoting shares belonging mostly to Google co-founders Larry Page and Sergey Brin.

There is an exception in which you are not a «beneficial owner» of shares over which you have voting power «if such voting power arises solely from a revocable proxy or consent given to such Person in response to a public proxy or consent solicitation made pursuant to, and in accordance with, Section 14 (a) of the Exchange Act by means of a solicitation statement filed on Schedule 14A.»

The first is a familiar one: A shareholder group asked Alphabet to scrap its dual - voting structure, proposed four years ago, that clumps most voting power in Class B shares, which are primarily owned by Google co-founders and Alphabet chiefs Larry Page and Sergey Brin.

This way the shareholders can retain their level of control in the company without having to go out and purchase more shares just for the power of the vote that will give the shareholder more clout at the board level for his / her interests in corporate activities.

As a U.S. company, its pay vote is advisory, not binding; moreover the company's share class structure means that approval is effectively assured, with founders» Class B shares carrying ten times the voting power of ordinary Class A. Nonetheless, opposition has been bubbling up, with an amendment to the company's stock plan generating a 28 % against vote at the 2016 AGM.

Dual - class shares refer to the ownership structure of a company, where one class of shares holds some sort of voting power over the other.

The British government's recent setbacks are also weighing on the pound, a typical tailwind for shares in dollar earnings British companies, after Britain's upper house voted to give parliament powers to block or delay a final deal on departure from the European Union.

The proposal approved has a «one share, one vote» provision that would strip Uber's earliest backers of some of their voting power, including Kalanick, Uber's founder, and its largest investor, Benchmark.

Holmes owns a class of stock that has 100 times the voting power as other shares.

Powerful regional and caste - based politicians were no longer content to broker votes for an upperclass elite within the Congress, and wanted their own share of state power; during the Eighties many hitherto imperceptible political assertions became louder, turning into what V. S. Naipaul in a book published in 1990 termed «a million mutinies now.»