Posted on 10/09/2018 12:02:15 PM PDT by simpson96
She persisted—and it paid off.
Chelsea Clinton, the daughter of former President Bill Clinton and former Secretary of State Hillary Clinton, joined the board of IAC/InterActiveCorp ,the owner of a portfolio of internet brands, in September 2011. Her personal stake in IAC has swelled to more than $6.6 million as the stock has more than tripled in value in the past two years.
Since she joined the board of IAC (ticker: IAC), Clinton, the vice chair of the Clinton Foundation, has never purchased any IAC shares on the open market, according to regulatory filings with the Securities and Exchange Commission. As a director, each calendar year Clinton receives a $50,000 retainer and $250,000 in restricted stock units, or RSUs, which vest in installments and convert into shares. In her shortened first year, she received only a $12,500 retainer along with the full award of $250,000 in RSUs, according to an IAC filing.
She took the $12,500 retainer in cash, but since then Clinton has opted for a yearly retainer in $50,000 in share units, which represent the number of IAC shares that could have been purchased on the relevant date. When directors leave the board, they receive the shares represented by the share units.
As of Sept. 30, Clinton owned the equivalent of 31,182 IAC shares, which includes 25,964 actual shares and 5,218 share units, according to an Securities and Exchange Commission filing. Those shares are worth a total of $6.62 million, using Wednesday’s closing price of $212.31. In addition, Clinton also owns at least 1,641 RSUs.
The Clinton Foundation didn’t return a phone call seeking comment from Clinton.
(Excerpt) Read more at barrons.com ...
WHAT HOLDINGS DID IAC own? Lot’s of porn and anti-women type sexuality stuff.
Hillary Rotten Clinton and Chelsea Hubble Clinton need to be banished to Haiti so the Haitians can honor them with tire necklaces.
Of course corporate boardrooms are full of 30 year olds that have never had a real job in their life. It’s more legalized bribery by the Clintons.
My dog is more qualified to be on the board than chelsea.
IAC/InterActiveCorp money laundering ?
Hillary was on the Wal Mart board.
Big Mike Obama was on some hospital board in Chicago.
Chelsea on a board now.
We must stop this oppression of women by the white men of America!!!
Why care about “earning” money when you know you never will have to do so? She’s no idea what it is like “to do without.” and wonder how you are going to pay your bills and keep your home. You can get help to feed and clothe your kids, but paying the rest of the bills and keeping your home is up to you.
cattle futures
A livelihood based entirely on her father’s fame/notoriety [pick one].
Like mother, like daughter.
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