Vestand Inc. Executive Salary: Relatives and Related Persons
Pay, loans and other amounts the proxy statement discloses for executives' and directors' relatives and other related persons (the related-person transactions section), with the filed sentence.
- 2023: Person Not named; Relation related person; Amount $120.00K.
| Fiscal year | Person | Relation | Amount | As filed |
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| 2023 | Not named | related person | $120.00K | “● the amounts involved exceeded or will exceed the lesser of $120,000 or one percent of the average of our total assets at year-end for the last two completed fiscal years; and ● any of our directors, executive officers or holders of more than 5% of our capital stock, or any member of the immediate family of, or person sharing the household with, the foregoing persons (each, a “related party” and collectively, “related parties”), had or will have a direct or indirect material interest, other than equity and other compensation, termination, change in control and other arrangements, which are described under the section titled “Executive and Director Compensation.”” |
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| 2022 | James Chae | self | $2.00 | “In December 2021, the Company conducted a private placement solely to accredited investors and sold 670,000 shares of Class A Common Stock at $2.00 per share, which the Company’s Board of Directors determined to reflect the then current fair market value of the Company’s Class A Common Stock.” |
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