Re: RSU's awarded
in response to
by
posted on
Sep 19, 2019 09:48AM
One more showed up. DM actually got double what the next highest was. Don't forget that he has been very well paid every year beside this. If RVX fell into bankruptcy, he still would have had an extremely high paying job for a long time, so not really lost time to him. This really isn''t a big statement of confidence in BoM as none of these people have to put any skin in. It is just covering their bases. If BoM is a success, they have everything in place to vest quickly and take advatange of a lot of the rise with no risk. If BoM is a failure, as I stated earlier, they have it in place to vest quickly and take advantage of the collapsed price before it maybe rebounds some like 2013 and just have it taxed at that collapsed price. They could also hold them at no risk until some future success and then vest them. This is basically a no risk move by them so implies no confidence as they can win whether BoM is successful or not. The only way there would be any show of confidence would be if they were to vest them before they had access to TLD which they haven't done yet or at least haven't reported to have done. This would get them taxed at the market price the day they vested but it is RVX, not them that would have to come up with the taxes. They would just receive less of these free shares to the value of the tax owed.
Filing Date |
Transaction Date |
Insider Name |
Ownership Type |
Securities |
Nature of Transaction |
Volume or Value |
Price |