# kaal:claim:2097160-029

**Claim.** 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.

**Type.** design  **Support.** argued

**Holds when.**

- after conversion of the executives' contingent convertible bonds into equity

**Source quote.**

> 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, page 51

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

**Verify.** sha256 of source PDF `1e1f8aa246bce19f4658dbceb455c7c2a272aa5d63a9e9bdaa46a3a5a87680fc` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202012%20-%20Contingent%20Capital%20in%20Executive%20Compensation.pdf

**Topics.** corporate-governance

**Keywords.** holding-period, abuse-prevention, design-features, executive-compensation

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