What are the “rights to purchase shares of preferred stock of Prima”?
The rights to purchase shares of preferred stock of Prima were issued to all holders of shares of Prima common stock in connection with the adoption by Prima in May2001 of a rights plan (sometimes colloquially known as a “poison pill”), but currently are not represented by separate certificates. Instead, they are represented by the certificate for the shares of Prima common stock. Unless the rights are distributed to the holders of Prima common stock, a tender of Shares will include a tender of the associated rights. If the rights are distributed, a holder of Shares will need to tender one right with each Share tendered. Do I have to pay any brokerage or similar fees to tender? If you are a record owner of your Shares and you tender those Shares in the Offer, you will not have to pay any brokerage or similar fees. However, if you own your Shares through a broker or other nominee and your broker tenders on your behalf, your broker may charge you a fee for doing so. You should consult yo
Related Questions
- What new functionality will be available with the new Employee Stock Purchase application with respect to the sale of ESPP shares after the reclassification?
- Why should an investor approach the Stockbroker for purchase of shares instead of making direct contact with the company?
- What are the "rights to purchase shares of preferred stock of Prima"?
