Hi JC,
Just as a point of information and question. James Guild's employment contract was filed with the SEC some time ago. He was given options to purchase shares on a vesting basis.
According to your post:
<<...shall file, at the time of the registration of such security on a national securities exchange or by the effective date of a registration statement filed pursuant to Section 12(g) of this title, or within ten days after he becomes such beneficial owner, director, or officer, a statement with the Commission (and, if such security is registered on a national securities exchange, also with the exchange) of the amount of all equity securities of such issuer of which he is the beneficial owner, and within ten days after the close of each calendar month thereafter, if there has been a change in such ownership during such month, shall file with the Commission (and if such security is registered on a national securities exchange, shall also file with the exchange), a statement indicating his ownership at the close of the calendar month and such changes in his ownership as have occurred during such calendar month.>>
If he has not been exercising his options yet as they have been vesting... then he is also not yet the beneficial owner of these securities? Am I missing something?
And, BTW, I did speak to Rob Gordon about what I posted last week... about delaying PRs until after the close of the market... and he thought the idea had merit as it would allow investors to digest and discuss the news thoroughly. I have already apologized to the thread for allowing a rhetorical question I posted to get out of hand and I sincerely hope and believe the thread members will use restraint in the future. Just sit back, relax and let the company do it's thing.
Be Right!!!... Sit Tight!!!
Best always,
Marty |