0004009 Informal Interpretation
… 0004009 Informal Interpretation 0004009 Informal Interpretation From : [redacted] To: "mverne@ftc.gov" < mverne@ftc.gov> Subject: 801.12 Mike - I have … holders of Common voting as a class elect 2 of 5 directors, and the fifth director is elected upon the approval of (i) …
Date
Rule
801.12
Advised to use as the numerator the ratio for this director. i.e: if you held 100 of the 500 total shares of class A you would calculate as follows 100/500 x 2/5 = 8% 100/500 x /5 = 2% Total...
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