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y was based on approximately 72 restricted stock transactions from 1991 through 1995. The overall average discount for the study was 20.0%. 25 From FMV Restricted Stock Study. 26 From Michael Henze] and Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1
.6% SLA NA 111STORICAL SEGMENT INTORMaTin• ai.% SI 1~10077u0 1/4 Tent tutf•Ongunaina I 4. Lip ▪ hkitism.<••••, Nlrtee hbanti ting 418.0.0 han% M.3.14 lat 871».... FIKS te. 18.1104. 11.2180 111.4031.2010 M8031.2011 9% .10% MA MA MA 34% 07. 10)% NA NA 104% NA NA 6% NA 23% • 5.7.1411
y was based on approximately 72 restricted stock transactions from 1991 through 1995. The overall average discount for the study was 20.0%. 25 From FMV Restricted Stock Study. 26 From Michael Henze] and Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1
.6% SLA NA 111STORICAL SEGMENT INTORMaTin• ai.% SI 1~10077u0 1/4 Tent tutf•Ongunaina I 4. Lip ▪ hkitism.<••••, Nlrtee hbanti ting 418.0.0 han% M.3.14 lat 871».... FIKS te. 18.1104. 11.2180 111.4031.2010 M8031.2011 9% .10% MA MA MA 34% 07. 10)% NA NA 104% NA NA 6% NA 23% • 5.7.1411
y was based on approximately 72 restricted stock transactions from 1991 through 1995. The overall average discount for the study was 20.0%. 25 From FMV Restricted Stock Study. 26 From Michael Henze] and Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1
.6% SLA NA 111STORICAL SEGMENT INTORMaTin• ai.% SI 1~10077u0 1/4 Tent tutf•Ongunaina I 4. Lip ▪ hkitism.<••••, Nlrtee hbanti ting 418.0.0 han% M.3.14 lat 871».... FIKS te. 18.1104. 11.2180 111.4031.2010 M8031.2011 9% .10% MA MA MA 34% 07. 10)% NA NA 104% NA NA 6% NA 23% • 5.7.1411
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