For those of you who would like to take advantage of our Luck O' the Irish SALE but prefer not to make payments online, you are welcome to send us a check or money order in the amount of $114.12 for a 3-year AD-FREE Premium Service Bundle or $190.20 for a 5-year Bundle. Make checks or money orders payable in US funds to "Investor Village" and send to: Investor Village, P.O. Box 2958, Marrero, LA 70073.
As many of you know, we operate on the honor system around here. So, in closing out our Luck O' the Irish SALE, we wanted to advise those of you who plan to pay by check or money order that you can send a PM to Admin informing us of your intention. We will then upgrade your account for 7 days, allowing you to enjoy our ad-free premium service now and giving you a reasonable amount of time to get your payment in.
Re: The frontline manager has exercised all the options - now owns one million shares
TRS agreement, is the same as,a Call Option, but can be Rolled forward, all the time.
OSE does not have put options, but, you can short as much U like, BUT IT IS MONITORED, by the Norwegian Financial Supervisory Authority e.g. SEC and they are professionals, and oversight is very good. They are reliable folks, very good salaries, and they definitely do not wish to cheat.
That could devastate the rest of their lives. Everybody with a good education, even, those with lower education, does get paid a salary they can live comfortably with.
Also, as in US, Emloyees can get options, to buy @'' X ''PPS,
within a certain date, or, window in time, like this in MOWI ex
Marine Harves, as an example :
The Board of Directors of Mowi ASA (the "Company") has resolved to offer all permanent employees in the Company and its Norwegian, Scottish and Canadian subsidiaries the opportunity to purchase shares in the Company at a discounted price.
The offer to the employees is based on the average purchasing price for the Company's shares on 10 December 2019 of NOK 230.0521 per share.
The Norwegian Tax Act §5-14 provides Norwegian employees with a right to purchase shares with a discount of up to NOK 3,000 in such offer. Based on the above, eligible employees in Norway have been given three alternative offers.
Alternative 1: Purchase 33 shares at a value of approximately NOK 7,500, with a tax-free discount of NOK 1,500 and a purchase price around NOK 6,000.
Alternative 2: Purchase 66 shares at a value of approximately NOK 15,000, with a tax-free discount of NOK 3,000 and a purchase price around NOK 12,000.
Alternative 3: Purchase 131 shares at a value of approximately NOK 30,000, with a tax-free discount of NOK 3,000, a taxable discount of NOK 3,000 and a purchase price around NOK 24,000.
Eligible employees in Scotland and Canada were given the same offers, however, without any element of tax-free discount.
At the end of the acceptance period, the Company had received acceptances of these offers from 887 employees for a total of 103,791 shares. To comply with its obligation in relation to the acceptances received, the Company has, on 10 December 2019, purchased 103,791 shares in the market at an average price of NOK 230.0521. In total 103,791 shares will be sold to the employees having accepted to participate in the share program on the terms referred to above.
Attached is an overview of primary insiders in the Company that have increased their shareholding according to the above.
This information is subject to the disclosure requirements pursuant to section 4-2 and 5-12 of the Norwegian Securities Trading Act.
Then again, you know my saying, as the Lefties always say, we wish those that have high salaries, just, pay a '' little more ''.
Shit, the fact is, they DISREGARD Mathematic, and per cent. Taxation is based on Total income. Thus if, with high salary; there are three steps, depending of which
level of income
( regardless of the hours, as I worked, 24/7, as I did ), when Top of the salary, scale, even our daughter and usband pays a top tax, both.