Originally Posted by gsaviator
(Post 3210819)
For what it’s worth, I read several articles that said the ticker symbol was going to be “FRNT”.
https://www.nasdaq.com/market-activity/stocks/ulcc |
So...
In terms of being an employee, I take it we're offered stock purchase just like the regular public? No preferred way to buy or 401k options? I didn't see any stock discussion in the contract but maybe I need to go back and reread... |
I don't think anything is official yet regarding employee options
|
Originally Posted by dracir1
(Post 3210826)
So...
In terms of being an employee, I take it we're offered stock purchase just like the regular public? No preferred way to buy or 401k options? I didn't see any stock discussion in the contract but maybe I need to go back and reread... If we want to buy ULCC stock, it'll be on IPO day with the rest of the masses. |
Originally Posted by PulledBreaker
(Post 3210847)
The odds of Bill Franke selling his shares of Frontier at a discount to employees, are virtually nil. It appears that 50% of the shares being sold are his, the other 50% is new issuance equity by the company. The latter, most likely paying off the covid loans acquired last year. They need to get that CASM back down.
If we want to buy ULCC stock, it'll be on IPO day with the rest of the masses. |
Originally Posted by Aero1900
(Post 3210850)
I think you are right. Kind of hard to imagine any other scenario
|
Originally Posted by PulledBreaker
(Post 3210847)
The odds of Bill Franke selling his shares of Frontier at a discount to employees, are virtually nil. It appears that 50% of the shares being sold are his, the other 50% is new issuance equity by the company. The latter, most likely paying off the covid loans acquired last year. They need to get that CASM back down.
If we want to buy ULCC stock, it'll be on IPO day with the rest of the masses. |
Originally Posted by docav8tor
(Post 3210791)
Exactly what I was thinking. It's the perfect symbol for a merger of two ULCC.
|
Originally Posted by Xdashdriver
(Post 3211088)
I’m not sure we used any of the government loan money.
|
Originally Posted by Powderkeg
(Post 3211085)
Why? I’m not suggesting it’ll happen but it wouldn’t be the worst idea, as an owner, to have your employee group financially tied to the succes of the business.
There wont be any type of employee discount stock purchasing during the IPO. There won’t be any type afterwards either. |
All times are GMT -8. The time now is 07:28 PM. |
User Alert System provided by
Advanced User Tagging v3.3.0 (Lite) -
vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Website Copyright ©2000 - 2017 MH Sub I, LLC dba Internet Brands