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Is it unreasonable for the company not to tell me the number of outstanding shares? In California, I believe it is a legal requirement for a company offering s
by soundsop 19y ago
Is it unreasonable for the company not to tell me the number of outstanding shares?
In California, I believe it is a legal requirement for a company offering stock options to disclose the number of outstanding shares.
A quick Googling found this web page http://www.jonesday.com/pubs/pubs_detail.aspx?pubID=S4587 http://www.jonesday.com/pubs/pubs_detail.aspx?pubID=S4587 , which states:
The plan must specify the total number of securities that may be issued and the class of individuals eligible to receive options and purchase securities under the plan.
- burnout1540 19y agoVery interesting. I don't think I'll bring up the law, but it's nice to know!