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FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT
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How to fill out each share of phantom

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Each share of phantom typically refers to a type of equity compensation that gives employees the benefits of owning shares without actually owning them. Phantom shares mimic the value of common shares but do not confer actual ownership.
Companies that grant phantom shares to employees or stakeholders are required to file relevant paperwork related to phantom equity compensation.
Filling out the documentation for phantom shares typically involves specifying the number of shares, the valuation method, vesting terms, and the conditions for payout in the plan documents that need to be filed.
The purpose of phantom shares is to incentivize employees by allowing them to share in the company's growth without offering actual shares, thus preserving ownership and control for existing shareholders.
Information that must be reported includes the number of phantom shares granted, the valuation at the time of grant, the vesting schedule, and any pertinent financial information related to the phantom equity.
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