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Tutts talk

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They didn't call him KING TUTT at DAL for nothing.

Can you say "Superiority Complex"?
 
Airboss said:
Ok...here is the story about the bonus....if I understand it......
He gets 28000 shares of skywest. He keeps it for 3 years. He then gets the profits that those shares made, not the actual 28000 shares.
I.E. If the stock raises 2$ then he makes $56,000. This is according to BL.

A blatant lie.

He got a stock award, not a "stock option." He can make up stories, but the SEC makes this info public, so he's stupid if he thinks he's fooling anyone.

The above explanation would be true if he were to exercise options, at the current price, where he would pocket the difference.

--however--

The SEC filing shows he was given (ie: valued at today's market rate) approx. 28,000 shares. He may not have to pay taxes on it as income until he sells it, and they may be restricted shares (he must hold them for a period of time before he sells them), but they are his.
 
Papa Woody said:
The SEC filing shows he was given (ie: valued at today's market rate) approx. 28,000 shares. He may not have to pay taxes on it as income until he sells it, and they may be restricted shares (he must hold them for a period of time before he sells them), but they are his.

That was brought up to CT, who said no, they were options. He was then told that no, they were restricted common stock. This went back and forth about 3 times, then he asked the pilot to produce the SEC filing. Why would the pilot have to produce the filing to show it to CT? They are the ones that filed it. They honestly think that we are idiots, and can't see through their BS. That is one of the main problems with this company.
 
Yeah, weez pielits iz stoopid!! Weez buleeve aneething our bossez tellz us! Weez pielits only no how to flie dem plainz, and dont no nuttin els. How much muney wood youz bossez like to pay us? Wull take aneething!
 

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