RE:RE:BankruptLumber, They did not have to exercise them for cash. If you claim they did, you show me the copy of that agreement. They could have kept the shares if they felt there was upside potential.
So now you are saying they were forced to take cash for them? OKKKAAAYYYY.... How come all of the insiders didn't cash their vested RSU's thenif they were forced to under a schedule? Another load of **** you give to this board to try and defend the insiders selling shares! There is no defense other than they thought that $4.346 was a good price for them. There is absolutely nothing that says they have to cash them upon vesting - if they have such a policy they will be the first! It is absurd just like when you said that Thompson was forced to sell and that if he would have covered his margin he would have been guilty of insider trading (also absurd) .... Along with getting rsu's gifted to them in the first place when the share price was tanking.
Lumberfeverlong wrote: Do you even know how RSUs work? Upon vesting, which is dependent on time elapsing and sometimes performance metrics being met, the RSUs are paid out on the basis of the share price at the time of vesting or during a short period before vesting date. All of these insiders were paid out under the plan. It is not the bearish sign you are claiming to make it.
Shortingtozero2 wrote: All Insiders cashed their vested RSU's 2016-Nov-22 at CAD $4.3460
The same day that the Bondholders got Akin Gump to represent them.
This is Pure Gold. Equity is Zero.