Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.DB.E

RE:RE:RE:RE:Insider buying, Scott Rook CEO

[Kherson]

Red_Deer wrote: Hey Kherson__as I had Posted__YOU have NO IDEA as to WHEN Scott actually got HIS CASH Payout__and YOU have NO IDEA what funds Scott ACTUALLY used (YOU have NO knowledge of his Net Worth/Liquid Cash)__and also NO IDEA as to WHEN Scott bought CHE shares__Nor HOW MANY

SOME of these Details WILL be revealed in the upcoming 2021 Information Circular

Kherson wrote:

Red_Deer wrote:

Kherson wrote: Glad to see that Scott is making progress in meeting his Equity Ownership requirements of 4X his base salary in time before the printing of the Management Information Circular. Keep in mind that the funds for his purchase are from his Long Term Incentive Award!
Kherson

So Kherson__and YOU know THIS as YOU must be his Tax Accountant eh ??????

Actually Red_Deer my friend, the information comes from a very reliable source! I have either hacked into Scott's personal information, or I was one of the few who have actually read the 2020 Management Information Circular? Just maybe p.26 might enlighten you a tad...
Kherson
 

PAGE 26
Equity ownership Equity ownership requirements for our executives are set as a multiple of base salary and vary by position as shown in the table below. Executives can count units of the Fund and restricted share units toward meeting the requirements. As participants in the long-term incentive plan, executives must invest at least 75% of the after-tax payout of their long-term incentive award into units of the Fund until they meet their required ownership level.

Executives purchase the units in the open market within 30 days of receiving the cash payout of their award, subject to any securities laws or stock exchange rules. See page 34 to read about the payout of the 2017 long-term incentive awards. We assess compliance annually, usually in the first quarter of every year and use market value to evaluate their holdings.

Scott Rook – must invest 75% of after-tax payments of longterm incentive award until he meets the ownership level 

Red_Deer, the newest questions that you are asking are all public knowledge and more importantly, some of them are actually answered on p.26 that you quoted?
In essence, the only Insider buying Units is Scott and only because he is required to under the Equity Ownership Requirement for Executives of the Trust!
Kherson