When is Gordan's 25 mil bonus possible? I remember Cozzi had a try at it if the share price hit 9. My understanding is Gordan has this on the table as an added incentive as well, am I correct?
DuGan, Harris, and Pell, in the aggregate, can receive a $20 million LTIP units bonus if GKK stock is above $9/share on June 30th, 2016.
50% of the LTIP units vest on June 30, 2016 and the other 50% of the LTIP units vest on June 30, 2017.
DuGan can earn $10 million LTIP units.
Harris can earn $6 million LTIP units.
Pell can earn $4 million LTIP units.
LTIP Units are a class of limited partnership interests in the Operating Partnership that are structured to qualify as “profits interests” for federal income tax purposes.
I'd say they have an almost 100% chance of getting thes bonuses.
Sentiment: Strong Buy
Does anyone know are is the GKK community as good as GKK management at stonewalling?
is that a question or a statement or what?!