Below I copied the DILUTION section of the SEC filing from May 14th that clearly states 19.3 million AMZN shares come out of lockup on Nov. 13 th:
SHARES ELIGIBLE FOR FUTURE SALE. Sales of substantial amounts of the
Company's Common Stock in the public market after this offering could adversely affect prevailing market prices for the Common Stock. The 3,000,000 shares of
Common Stock offered hereby will be freely tradeable without restriction in the
public market. Taking into account restrictions imposed by the Securities Act of
1933, as amended (the "Securities Act"), rules promulgated by the Securities and
Exchange Commission (the "Commission") thereunder, the Company's contractual
right to repurchase shares and lock-up agreements between certain stockholders
and the Company or Deutsche Morgan Grenfell Inc., the number of additional
shares that will be available for sale in the public market, subject in some
cases to the volume and other restrictions of Rule 144 under the Securities Act,
will be as follows: approximately 31,793 additional shares will be eligible for
sale beginning 91 days after the date of this Prospectus and approximately
19,331,253 additional shares will be eligible for sale beginning 181 days after
the date of this Prospectus. Approximately 681,300 remaining shares will be
eligible for sale pursuant to Rule 144 upon the expiration of one-year holding
periods or the expiration of the Company's contractual right to repurchase the
shares between November 1997 and May 1998. Deutsche Morgan Grenfell Inc. may, in
its sole discretion and at any time without notice, release all or any portion
of the shares subject to such lock-up agreements. Upon the closing of this
offering, holders of 13,286,376 shares of Common Stock are entitled to certain
rights with respect to the registration of such shares under the Securities Act.
The filing can be found on "Free Edgar" at
freeedgar.com
the excerpt is from page 12...........good luck....;^) |
