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SEC Form 4FORM 4Check 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 COMMISSIONWashington, D.C.
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01
Obtain the necessary information for each share of phantom, including the name of the shareholder, number of shares being issued, and any special rights or restrictions associated with the shares.
02
Prepare the share certificates or electronic records detailing the ownership of each share of phantom.
03
Execute any necessary legal documents or agreements related to the issuance of the phantom shares.
04
Communicate with the shareholders to inform them of their ownership of the phantom shares and provide any relevant documentation or instructions.
05
Maintain accurate records of the phantom shares issued and monitor any changes in ownership or rights associated with the shares.

Who needs each share of phantom?

01
Companies looking to provide incentives to employees without diluting ownership.
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Startups seeking to attract and retain top talent.
03
Investors or partners wanting to align incentives with company performance.
04
Entrepreneurs looking for creative ways to raise capital without traditional equity financing.

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Each share of phantom represents a unit of ownership in a simulated stock option plan.
Employees participating in the phantom stock option plan are required to file each share of phantom.
Each share of phantom must be filled out by providing the relevant information such as participant details, number of shares, and vesting schedule.
The purpose of each share of phantom is to provide employees with a stake in the company's performance without diluting actual ownership.
Each share of phantom must report details of the participant, number of shares allocated, grant date, and vesting schedule.
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