Tuesday, April 14, 2009

Why journalists rely on primary public documents

[Detail of Dubow's Form 4; I've circled $3.75 strike price, date]

Regarding any potential profit CEO Craig Dubow and other top execs may earn on stock options they got less than two months ago, Anonymous@3:05 p.m. says in a new comment:

Unfortunately, I don't believe Dubow and the rest have made any paper money yet on these options. I think you don't have all the facts. You need to know when the actual strike date is. Just because they received them in February doesn't mean that the strike price was as of the date they got them. In fact, you might want to do a little more digging to make sure that you have the right strike date; you might find that the strike price is actually a couple months before, when the stock was much higher than it is now. I would just double check the facts on the strike price/date since I can't find any sourcing for your strike price quote.

Related: Gannett's U.S. Securities and Exchange Commission filings back to 1994 -- public documents anyone has a right to read, because they're owned by the taxpayers.

4 comments:

  1. The strike price may be the value on the day the last board meeting was held.

    ReplyDelete
  2. ... in 2008.

    ReplyDelete
  3. The documents are owned by us taxpayers. Sorry, it's just a pet peeve.

    ReplyDelete
  4. Thank YOU; I could use more readers like you, 7:42 am!

    ReplyDelete

Jim says: "Proceed with caution; this is a free-for-all comment zone. I try to correct or clarify incorrect information. But I can't catch everything. Please keep your posts focused on Gannett and media-related subjects. Note that I occasionally review comments in advance, to reject inappropriate ones. And I ignore hostile posters, and recommend you do, too."

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