kaal:claim:2097160-029

A mandatory holding period covering all equity securities executives hold in the entity they manage, applied after their contingent convertible bonds convert, would limit abuse of the trigger.

Source quote, verbatim

A mandatory holding period for all equity securities held by executives in the entity they manage195 after the conversion of their contingent convertible bonds into equity takes place would help limit possible abuse.

From

Wulf A. Kaal, Contingent Capital in Executive Compensation (2012), V.C Design Features to Avoid Abuse, p. 51
https://ssrn.com/abstract=2097160 · source PDF

Cite as

Wulf A. Kaal, Contingent Capital in Executive Compensation (2012). SSRN: https://ssrn.com/abstract=2097160

Holds when

after conversion of the executives' contingent convertible bonds into equity

Classification

designsupport: arguedcorporate-governance

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