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Post by sla55 on Jun 5, 2018 7:15:28 GMT -5
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Post by boca1girl on Jun 5, 2018 7:22:34 GMT -5
Is this their first employee stock purchase plan?
I didn’t see any discount on the purchase price. The price paid will be fair market value on the purchase date.
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Post by Deleted on Jun 5, 2018 7:46:04 GMT -5
Does the timing of this coincide with something big? Or just pretty standard stuff?
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Post by thekid2499 on Jun 5, 2018 7:59:16 GMT -5
Is this a means by which "Eligible Individuals" that have a lot of money can help MNKD raise money by directly purchasing the shares from MNKD. Strategic Dilution?
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Post by theshiv on Jun 5, 2018 8:06:37 GMT -5
I suspect employees have asked about such a program as those who are dedicated to the company may want to be part of possible future gains. It's a nice program to offer in any case.
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Post by gareaudan on Jun 5, 2018 8:23:44 GMT -5
Im not sure i understand this. What is the advantage for the employees to buy those shares if it is at the same price as the market? They could have bought at this price for the last 2 months and 6 months in 2017. They had all the time they needed if they wanted to buy. Is there any advantage for the company? Im not getting the point.
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Post by stockwhisperer on Jun 5, 2018 8:26:45 GMT -5
I suspect employees have asked about such a program as those who are dedicated to the company may want to be part of possible future gains. It's a nice program to offer in any case. It is a good thing to do and I do now see it as a concern as far as major dilution unless I am missing something here.
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Post by Deleted on Jun 5, 2018 8:45:08 GMT -5
I suspect employees have asked about such a program as those who are dedicated to the company may want to be part of possible future gains. It's a nice program to offer in any case. It is a good thing to do and I do now see it as a concern as far as major dilution unless I am missing something here. Could you explain how you see this as a concern? I am sorry but I don't follow your logic.
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Post by porkini on Jun 5, 2018 8:50:41 GMT -5
It is a good thing to do and I do now see it as a concern as far as major dilution unless I am missing something here. Could you explain how you see this as a concern? I am sorry but I don't follow your logic. I suspect typo, prolly "now" = "not"
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Post by peppy on Jun 5, 2018 8:50:51 GMT -5
It is an employee stock purchasing plan? What is an 'Employee Stock Purchase Plan - ESPP' An employee stock purchase plan (ESPP) is a company-run program in which participating employees can purchase company shares at a discounted price. Employees contribute to the plan through payroll deductions, which build up between the offering date and the purchase date. At the purchase date, the company uses the accumulated funds to purchase shares in the company on behalf of the participating employees. Read more: Employee Stock Purchase Plan (ESPP) www.investopedia.com/terms/e/espp.asp#ixzz5HYhI8ioE
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Post by kc on Jun 5, 2018 9:12:02 GMT -5
I have no issue with it. More skin in the game. Normally purchased shares at a slight discount but not sure on this plan. It might just be at market value. But why not have it? Let them buy shares with Payroll dollars is just like saving in a 401K. Also a GREAT SIGNAL to the street that the company is confident about being around in the future.
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Post by gareaudan on Jun 5, 2018 11:13:26 GMT -5
I have no issue with it. More skin in the game. Normally purchased shares at a slight discount but not sure on this plan. It might just be at market value. But why not have it? Let them buy shares with Payroll dollars is just like saving in a 401K. Also a GREAT SIGNAL to the street that the company is confident about being around in the future. why does that show confidence? What would happen if the company goes bk anyway? Absolutly not saying that's what will happen but i dont see the link between the two things.
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Post by joeypotsandpans on Jun 5, 2018 11:28:52 GMT -5
This was voted on at the ASM, Mike also mentioned the interest from the employees and stated that the percentage of employees interested was actually higher than the typical participation. Bio, Sports, Baba, Central or anyone else please correct me if that is not what you heard also. Thanks -J
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Post by derekewhitlock on Jun 5, 2018 11:30:17 GMT -5
Is it possible that this program allows the employees to purchase with pretax dollars?
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Post by tz on Jun 5, 2018 11:33:48 GMT -5
Is it espp?
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