System for voting stock component interests

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

1994-08-23

1997-09-23

Hayes, Gail O.

395212, G06F 1760, G06G 752

Patent

active

056713584

ABSTRACT:
A data processing system for processing the voting of partial stock interests via equity and options, comprising computer means for determining and storing component factors for equity and for calculating and storing component factors for options and vote component factors corresponding to each of said component factors for options, wherein each said vote component factor is indicative of the right to receive a partial vote attributed to each of said component factors for options, wherein said component factors for options 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 full 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 predetemined date; (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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Eckerson, Wayne, "Users Enthused about Electronic Meetings" Network World, v9 n24 pp 43 Jun. 15, 1992.
Numri, Hanna, "Secret Ballot Electrons in Comp. Network" Comp & Sec. v10 n6, pp. 553-560 Oct. 1991.
Sebestyen, Istvan et al.; "Public Videotex-A Demo. Use of New Tech." Comp. Wld v17 n92 Oct. 1983.

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