Share class rights and preferences
Share Class Rights And Preferences
Description: Share class rights and preferences for a preferred share class.
Referenced By (1): - Preferred Share Class Details
References (2): - Decimal - Money
Example:
{
"originalIssuePrice": {
"currencyCode": {
"value": "USD"
},
"amount": {
"value": "1.77"
}
},
"conversionPrice": {
"currencyCode": {
"value": "USD"
},
"amount": {
"value": "1.50"
}
},
"conversionRatio": {
"value": "0.789"
},
"multiplier": {
"value": "1.00"
},
"participating": true,
"participationCap": {
"value": "1.00"
}
}
Properties:
| Property | Type | Description | Required |
|---|---|---|---|
conversionPrice |
Money | Used to calculate the conversion ratio for the preferred stock into common stock. | - |
conversionRatio |
Decimal | Conversion will be calculated with conversionRatio instead of conversionPrice if both are entered. Conversion will be calculated with conversionRatio instead of conversionPrice if both are entered. |
- |
multiplier |
Decimal | The multiple of the original Issue price that will be paid out pursuant to the liquidation preferences. | - |
originalIssuePrice |
Money | The price that was originally set for that series of preferred stock. | - |
participating |
BOOLEAN |
Indicates that the holders of that preferred share class are paid out at the same time that the common stockholders are paid out. | - |
participationCap |
Decimal | Blank or zero means there is no cap. No cap means the preferred classes are fully participating. | - |