[Florence]

Originally Posted by Dephormation

If unrestricted shares are £16.00.

And restricted shares are £11.00.

Then converting 50,000 unrestricted shares to 50,000 restricted shares loses you 50,000 * (£16.00-£11.00) = £250,000.00

Simply to deny the recipient full unrestricted rights.

Why would you do something like that?

to grab extra profit from the unrestricted no protection remember and do a moonlight