Follow the Money... Or in this case, the RSUs
Post# of 32995
(Total Views: 127)
Posted On: 07/15/2025 10:50:21 AM
Follow the Money...
Or in this case, the RSUs
Yesterday VERB filed a Schedule 13D with the SEC. In there showed the RSU's granted under the Extraordinary Performance Agreement dated October 31, 2024 here:
https://www.sec.gov/Archives/edgar/data/15666...ex10-1.htm
In the filing it shows the performance ranges on the tables.
For Q4, Rory got 60,000 RSUs for hitting this one:
$700,000 but less than $900,000
For Q1, 60,000 RSUs for hitting this one: $1,300,000 but less than $1,500,000
For Q2, it sure looks like Rory got the max of 80,000 RSUs for hitting this one: $2,100,000 or more
If all that is true and it must be because it's in a SEC filing, VERB's Q over Q increase from Q1 is a minimum of 61.54% assuming I read it right and my math is correct, but encourage you to do your own verification.
https://www.sec.gov/Archives/edgar/data/15666...ry_doc.xml
Or in this case, the RSUs
Yesterday VERB filed a Schedule 13D with the SEC. In there showed the RSU's granted under the Extraordinary Performance Agreement dated October 31, 2024 here:
https://www.sec.gov/Archives/edgar/data/15666...ex10-1.htm
In the filing it shows the performance ranges on the tables.
For Q4, Rory got 60,000 RSUs for hitting this one:
$700,000 but less than $900,000
For Q1, 60,000 RSUs for hitting this one: $1,300,000 but less than $1,500,000
For Q2, it sure looks like Rory got the max of 80,000 RSUs for hitting this one: $2,100,000 or more
If all that is true and it must be because it's in a SEC filing, VERB's Q over Q increase from Q1 is a minimum of 61.54% assuming I read it right and my math is correct, but encourage you to do your own verification.
Quote:
On March 10, 2025, the Reporting Person received 60,000 restricted stock units pursuant to that certain Corporate Action, Change of Control, and Extraordinary Performance Agreement dated October 31, 2024. The RSUs vested on the grant date.
On April 10, 2025, the Reporting Person received 60,000 restricted stock units pursuant to that certain Corporate Action, Change of Control, and Extraordinary Performance Agreement dated October 31, 2024. The RSUs vested on the grant date.
On July 7, 2025, the Reporting Person received 80,000 restricted stock units pursuant to that certain Corporate Action, Change of Control, and Extraordinary Performance Agreement dated October 31, 202 4. The RSUs vested on the grant date.
https://www.sec.gov/Archives/edgar/data/15666...ry_doc.xml
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