RE:RE:RE:RE:RE:RE:RE:VMD Share Price I added an estimate for June qtr. which is when the shares vest and new ones get issued. Let's see if these guys are listening and drop the new issues.
Zehnder is out to lunch when he says Q2 phantom expense will be less than Q1.
Todd Zehnder
Yes, I think that your EBITDA margins will be back to normal for the rest of the year, really, and that’s going to—that will immediately come back to us. I think, G&A, we said it’s going to be flat for the rest of the year. For Q2, it very well could be down some, just like we had last year. I think it was 3Q was underneath what Q2 came in.
We are going to have less phantom expense in the third quarter—I mean, the second quarter than we did the first, but you’re right, we’re going to have some other initiatives that things are ramping back up.
| Phantom sh plan | | | | |
| | No of Shs o/s | Issued | Vested | Expired |
| Jun30/21 (e) | 571,000 | 350,000 | 700,000 | 30,000 |
| Mar31/21 | 951,000 | 0 | 0 | 34,000 |
| Dec31/20 | 985,000 | 0 | 0 | 34,000 |
| Sep30/20 | 1,019,000 | 0 | 0 | 23,000 |
| Jun30/20 | 1,042,000 | 346,000 | 601,000 | 31,000 |
| Mar31/20 | 1,328,000 | 0 | 0 | 22,000 |
| Dec31/19 | 1,350,000 | 0 | 0 | 33,000 |
| Sep30/19 | 1,383,000 | 0 | 0 | 38,000 |
| Jun30/19 | 1,421,000 | 351,000 | 550,000 | 17,000 |
| Mar31/19 | 1,637,000 | 0 | 0 | 55,000 |
| Dec31/18 | 1,692,000 | 0 | 0 | 29,000 |
| Sep30/18 | 1,721,000 | 0 | 0 | 36,000 |
| Jun30/18 | 1,757,000 | 1,793,000 | 0 | 36,000 |
| Mar31/18 | 0 | 0 | 0 | 0 |
| Dec31/17 | 0 | | | |