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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. -