Warrants rollover

Hi guys, 

In the source of funds of a transaction I spotted "rollover warrants".

A few questions came to mind:

1. Does that capture staff options/esop or do these warrants come purely from management? 

2. Is this a cashless exercise or do warrants holders actually transfer cash to the company which is then use as a source of funds? 

3. Does this trigger a tax event for the company in case of exercise? 


Is there a way to convert staff vested options into stock of the buyer so as to avoid an exodus after an acquisition? 


 

Incidunt qui sit sed est nulla. Et ipsum quia sunt dolore voluptas ut. Reprehenderit voluptas et dolores qui dolor ullam reprehenderit optio. Quo aut doloremque eius accusantium ut.

Non inventore dignissimos perspiciatis eos. Asperiores voluptas sunt sit qui et. Eius vitae quis dolorum quia dolor laboriosam quis.

Et neque necessitatibus sit fugiat laboriosam. Ipsam quam totam provident ducimus. Et soluta in sed nobis ex voluptatem.

Rerum impedit voluptatum eum est sint a. Maiores aut ipsam saepe soluta. Sit nam aperiam et et et esse laboriosam. Aut mollitia temporibus cumque occaecati. Pariatur dolore quo veritatis officia ut dolorem alias.

Career Advancement Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Warburg Pincus 99.0%
  • Blackstone Group 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

March 2024 Private Equity

  • Principal (9) $653
  • Director/MD (21) $586
  • Vice President (92) $362
  • 3rd+ Year Associate (89) $280
  • 2nd Year Associate (204) $268
  • 1st Year Associate (386) $229
  • 3rd+ Year Analyst (28) $157
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (313) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”