System for voting stock component interests

Details System for voting stock component interests System for voting stock component interests

1995-05-18

1998-05-26

Hayes, Gail O.

395212, G06F 1760, G06G 752

Patent

active

057580979

ABSTRACT:
A data processing system for processing the voting of partial stock interests via equity components comprising computer means for calculating and storing component factors for equity component interests and vote component factors corresponding to each of said component factors, wherein each said vote component factor is indicative of the right to receive a partial vote attributed to each of said equity component factors, wherein said equity component factors are at least two of: (i) a component interest indicative of the right to receive a partial share of stock equal in value to a stipulated price or a fall share of stock of the company on a predetermined future date, whichever is the lesser value; (ii) a component interest indicative of the right to receive a partial share of stock equal in value to the appreciation, if any, of the share of stock above the stipulated price on the predetermined date; and (iii) a component interest indicative of the right to receive substitute payments equal in amount to dividends declared with respect to a given date which is prior to the predetermined future date and which goes to zero value at the predetermined future date.

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Nurmi, Hannu, "Secret Ballot Elections in Computer Networks", Computers & Security, v10n6, pp. 553-560, Oct. 1991.
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