Preferred stock is special stock sold to particular institutions or individuals that grant the holder priority over common
stock holders in terms of dividends and bankruptcy claims.
Resource conversions include: changes of control; mergers and acquisitions; tender offers; massive asset redeployments; massive liability restructurings, whether in leveraged buyouts or the reorganization of troubled companies; large scale distributions to
stock holders in the form of dividends and / or stock buy - backs; and split ups.
Strings of felt acorns hung on reindeer
stocking holders in the living room act as playful accents in lieu of stockings.
Not exact matches
Meanwhile, it was a stomach - churning roller coaster ride for
stock holders who watched their investment cut
in half from the start of the year to the summer, before rebounding
in the fall.
The government did pledge $ 47 billion to infrastructure spending over the next 10 years and extended the accelerated capital cost allowance for manufactures — a tax relief program for investments
in new machinery and equipment — by two years, which means
stock holders could get a boost if public companies are able to take advantage of this spending and savings.
Where big corporations generally have layers and layers of corporate bureaucracy to wade through, not to mention the livelihoods of thousands of employees
in their hands, and many
stock and stake
holders to answer to, smaller companies have always had the advantage of being able to pivot fast by making quick decisions.
Once that has happened, Lunar as the major equity
holder will begin paying its development partners
in stock, thereby controlling their own destiny, not just relying on clients.
Preferred
stock is better than common
stock, because
holders of preferred
stock receive preferential treatment
in the event of a liquidation of the business.
That's because one of the advantages of owning preferred
stock is that preferred
stock holders get their money back before «common»
stock -
holders in the case of a fire sale.
As he notes, while investors who have risked their funds
in a company «lose real dollars» when a
stock declines, option
holders lose nothing and even get a second chance to buy the
stock at a better price.
Energy Transfer Partners, the Dallas - based holding company building the pipeline, that Trump used to be a
stock holder of, received a permit to build under the lake
in 2015.
You can invest
in almost anything
in a Roth IRA (it's just a
holder of investments), but I recommend that you put long - term investments
in an index fund like the Vanguard Total
Stock Market Index Fund ETF.
When an employee takes a government job that requires divesting of assets
in order to prevent conflicts of interest — as the role of Treasury Secretary certainly would, and did for the current
holder of that office, Steven Mnuchin — J.P. Morgan's policy fast - tracks the vesting of the employee's
stock awards.
-LSB-(Version 2, which is not quite as aggressive): If any
holder of Series A Preferred
Stock fails to participate
in the next Qualified Financing, (as defined below), on a pro rata basis (according to its total equity ownership immediately before such financing) of their Series A Preferred investment, then such
holder will have the Series A Preferred
Stock it owns converted into Common
Stock of the Company.
While
stock pickers can simply decide not to invest
in gun companies, which also comprises Olin (oln) and Vista Outdoor (vsto), life is a bit more thorny for
holders of mutual and exchange - traded funds
in tax - advantaged accounts like a 401 (k) or an IRA.
For example, the issuer might want to make token
holders entitled to corporate dividends and voting rights, or make the company's total ownership
stock denominated
in tokens.
If such
holder participates
in the next Qualified Financing but not to the full extent of its pro rata share, then only a percentage of its Series A Preferred
Stock will be converted into Common
Stock (under the same terms as
in the preceding sentence), with such percentage being equal to the percent of its pro rata contribution that it failed to contribute.]
If you are a
holder of Alphabet Class A or Class B common
stock as of the Record Date, you are requested to vote on the items of business described
in this proxy statement.
Thus,
holders of our common
stock bear the risk that our future offerings may reduce the market price of our common
stock and dilute their stockholdings
in us.
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.
Transfers by
holders of Class B common
stock will generally result
in those shares converting to Class A common
stock, subject to limited exceptions, such as certain transfers effected for estate planning purposes.
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 clas
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 clas
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.
The
holders of such Series A-4 Warrants shall not be required to make any payment (
in cash or otherwise) to the Company
in connection with the exchange of the Series A-4 Warrants for shares of Series A-4 Preferred
Stock contemplated by the preceding sentence.
«As
holders of more than 1.3 million Apple shares, Greenlight is alarmed that Apple is attempting to eliminate preferred
stock from its corporate charter, hindering its ability to unlock value for shareholders,» Einhorn wrote
in his shareholder letter.
This discussion also does not consider any specific facts or circumstances that may be relevant to
holders subject to special rules under the U.S. federal income tax laws, including, without limitation, certain former citizens or long - term residents of the United States, partnerships or other pass - through entities, real estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds, insurance companies, brokers, dealers or traders
in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 % of our common
stock and persons holding our common
stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.
The proxy
holders (that is, the persons named as proxies on the proxy card) will vote your shares of Common
Stock in accordance with your instructions at the Annual Meeting (including any adjournments or postponements thereof).
Future transfers by
holders of our Class B common
stock will generally result
in those shares converting into shares of our Class A common
stock, subject to limited exceptions.
If we raise additional funds through further issuances of equity, convertible debt securities, or other securities convertible into equity, our existing stockholders could suffer significant dilution
in their percentage ownership of our company, and any new equity securities we issue could have rights, preferences, and privileges senior to those of
holders of our Class A common
stock.
These
holders of our Class B common
stock may have interests that differ from yours and may vote
in a way with which you disagree and which may be adverse to your interests.
In January 2014, these
holders commenced a tender offer to purchase shares of our capital
stock from certain of our securityholders, including James McKelvey, Lawrence Summers, and Dana Wagner.
We do not anticipate declaring any cash dividends to
holders of our common
stock in the foreseeable future.
Given the flaws
in Netflix's business and the market's increasing awareness of them,
holders of NFLX are taking imprudent risk with the
stock at anywhere close to its current valuation.
creation of additional shares of Series C convertible preferred
stock; or (iii) effect a change of control, liquidation, dissolution, or winding up of the Company
in which the
holders of Series C convertible preferred
stock would receive an amount per share less than the original issue price plus any declared but unpaid dividends on such shares of Series C convertible preferred
stock.
If the business does well and the company's
stock rises, the
holders of the options share
in the financial benefits.
Holders of certificates representing pre-split shares of the Fund's common
stock will receive, upon surrender of their certificates representing such pre-split shares, uncertificated post-split shares of the Fund's common
stock (i.e., a stockholder's holdings of post-split shares will be reflected only
in the Fund's record books).
Limited voting
stock - Limited voting
stock is a class of
stock providing its
holders with smaller than proportionate voting rights
in comparison with another class of
stock issued by the same firm.
Prior to the vesting of the restricted
stock, the
holder may not transfer the restricted
stock or any interest therein and may hold those Shares only
in book entry form.
At any meeting at which a quorum has been established, the affirmative vote of the
holders of a majority of the Shares present
in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification of the appointment of EY as Walmart's independent accountants for fiscal 2016; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the
Stock Incentive Plan of 2015; and (iv) the adoption of each of the shareholder proposals.
The affirmative vote of the majority of the votes cast by
holders of our common
stock present
in person or represented by proxy at the Annual Meeting will be required to approve the amendment of the 2004 Plan, provided that the total votes cast on the proposal represent over 50 % of the outstanding
stock entitled to vote on the proposal.
As of September 30, 2014, the
holders of 52,132,350 shares of our common
stock, including our common
stock issuable
in connection with the automatic conversion of all outstanding shares of our convertible preferred
stock into shares of our common
stock and the
holder of a warrant to purchase 6,500,000 shares of our common
stock, are entitled to rights with respect to the registration of their shares following this offering under the Securities Act.
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).
in the case of our directors, officers, and security
holders, the conversion or reclassification of our outstanding convertible preferred
stock or other classes of common
stock into shares of Class B common
stock in connection with this offering and the conversion of Class B common
stock to Class A common
stock in accordance with our restated certificate of incorporation, provided that any such shares of Class A common
stock or Class B common
stock received upon such conversion or reclassification shall remain subject to the restrictions set forth above;
in the case of our directors, officers, and security
holders, (i) the receipt by the locked - up party from us of shares of Class A common
stock or Class B common
stock upon (A) the exercise or settlement of
stock options or RSUs granted under a
stock incentive plan or other equity award plan described
in this prospectus or (B) the exercise of warrants outstanding and which are described
in this prospectus, or (ii) the transfer of shares of Class A common
stock, Class B common
stock, or any securities convertible into Class A common
stock or Class B common
stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding
stock options or warrants (or the Class A common
stock or Class B common
stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that
in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that
in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate
in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described
in this bullet point;
In preference to the
holders of our common
stock, each share of preferred
stock is entitled to receive, on a pari passu basis, cash dividends at the rate of 6 % of the original issue price per annum on each outstanding share of preferred
stock.
Stock options granted under our stock option plan provide certain employee option holders the right to elect to exercise unvested options in exchange for shares of restricted common s
Stock options granted under our
stock option plan provide certain employee option holders the right to elect to exercise unvested options in exchange for shares of restricted common s
stock option plan provide certain employee option
holders the right to elect to exercise unvested options
in exchange for shares of restricted common
stockstock.
In connection with this financing, the remaining
holders of the February 2008 notes and warrants converted their notes into shares of Series E convertible preferred
stock and warrants to purchase 866,091 shares of Series E convertible preferred
stock.
The convertible notes payable were convertible at the election of the note
holder into either the securities issuable
in a subsequent round of financing at the per share price of such financing, or into Series D convertible preferred
stock at a per share price of $ 2.44.
In any transfer of shares of Series FP from the original
holder, the shares of Series FP will automatically convert to shares of Class B common
stock at the then - effective conversion rate.
In addition, the discussion and tables above exclude shares of Class B common
stock, because
holders of the Class B common
stock are not entitled to distributions or dividends, whether cash or
stock, from Shake Shack.
upon the exercise of an Option or
Stock Appreciation Right or upon the payout of a Restricted Stock Unit, Performance Unit or Performance Share, for each Share subject to such Award, to be solely common stock of the successor corporation or its Parent equal in fair market value to the per share consideration received by holders of Common Stock in the Change in Con
Stock Appreciation Right or upon the payout of a Restricted
Stock Unit, Performance Unit or Performance Share, for each Share subject to such Award, to be solely common stock of the successor corporation or its Parent equal in fair market value to the per share consideration received by holders of Common Stock in the Change in Con
Stock Unit, Performance Unit or Performance Share, for each Share subject to such Award, to be solely common
stock of the successor corporation or its Parent equal in fair market value to the per share consideration received by holders of Common Stock in the Change in Con
stock of the successor corporation or its Parent equal
in fair market value to the per share consideration received by
holders of Common
Stock in the Change in Con
Stock in the Change
in Control.