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Stock Payment Rights for Sale
Listing Information
Attachments
Stock Payment Rights for Sale
Price: $20,000.00
Other Item Info
Item #: casbke_422541
Created: 04/14/2019
Category: Business Property > Investments > Stocks
Sale Date: Thu. May 9, 2019
Created: 04/14/2019
Category: Business Property > Investments > Stocks
Sale Date: Thu. May 9, 2019
Seller Info
Gary B. Rudolph
Trustee's Attorney
550 West C Street, Suite 1500
San Diego, CA 92101
(619) 233-4100
Trustee's Attorney
550 West C Street, Suite 1500
San Diego, CA 92101
(619) 233-4100
Bankruptcy Info
Description
Sale of the seller's interest in the Purewick Stock Payment Rights. The seller, while employed at Purewick Corporation (“Purewick”), as a Quality Safety Manager, received employee incentive stock options that equated to 250 shares of stock in Purewick. Purewick was acquired in a merger by C.R. Board and stock options were accelerated. No stock was ever issued – instead the share purchase rights were turned into payment rights (“Purewick Stock Payment Rights”).
Financial Overview
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Additional Details
- Sale Hearing Time: 2:00 p.m.
- Bid Increment: $2,500
- Bid Deposit: $22,500.00
- Bid Deadline: 7 calendar days before the sale hearing