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Originally Posted by fotze2
I assume it’s part of compensation after x months at work.
No accounts or certificates or anything just an email from the vp with a 20
Page legal document that I can’t slog through. Said B class shares? Dafuq what that means? I’ll obviously keep them as I don’t even see them. Probably just a lottery ticket worth $50 some day.
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Class B is likely non-voting. It is a way to dividend out to employees if the Board chooses to do so. Pay attention if the company announces earnings (unlikely for a private) or announces a dividend. I would assume DF would say any dividend income has to be brought to the attention of your accountant annually. Realistically, you are hoping for a buyout or IPO. Like DF said be sure to keep any info you receive about them. You should probably show the document to your financial advisor so they are aware as well. I could look at it and tell you what it means but that may be crossing the big invisible line in the internet. Obviously, Locke would be able to let you know as well as you have an existing relationship with him. I think he prefers if it is written in crayon but he can probably power through.