{"id":7060,"date":"2020-04-05T15:05:03","date_gmt":"2020-04-05T22:05:03","guid":{"rendered":"https:\/\/www.startengine.com\/blog\/?page_id=7060"},"modified":"2024-09-16T18:23:50","modified_gmt":"2024-09-17T01:23:50","slug":"17b-disclosure-kevin-oleary","status":"publish","type":"page","link":"https:\/\/blogstartenginecom.kinsta.cloud\/blog\/17b-disclosure-kevin-oleary\/","title":{"rendered":"Kevin O&#8217;Leary 17b Disclosure"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7060\" class=\"elementor elementor-7060\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-600460f elementor-section-height-min-height elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"600460f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2b43719\" data-id=\"2b43719\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d325a11 elementor-widget elementor-widget-image\" data-id=\"d325a11\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"684\" height=\"1024\" src=\"https:\/\/blogstartenginecom.kinsta.cloud\/blog\/wp-content\/uploads\/2020\/03\/Kevin-OLeary-1-684x1024.jpg\" class=\"attachment-large size-large wp-image-6945\" alt=\"\" srcset=\"https:\/\/blogstartenginecom.kinsta.cloud\/blog\/wp-content\/uploads\/2020\/03\/Kevin-OLeary-1-684x1024.jpg 684w, https:\/\/blogstartenginecom.kinsta.cloud\/blog\/wp-content\/uploads\/2020\/03\/Kevin-OLeary-1-200x300.jpg 200w, https:\/\/blogstartenginecom.kinsta.cloud\/blog\/wp-content\/uploads\/2020\/03\/Kevin-OLeary-1-768x1151.jpg 768w, https:\/\/blogstartenginecom.kinsta.cloud\/blog\/wp-content\/uploads\/2020\/03\/Kevin-OLeary-1.jpg 801w\" sizes=\"(max-width: 684px) 100vw, 684px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-0caa3c2\" data-id=\"0caa3c2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-77840be elementor-widget elementor-widget-heading\" data-id=\"77840be\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Section 17(b) disclosure<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c684f3 elementor-widget elementor-widget-text-editor\" data-id=\"3c684f3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Kevin O\u2019Leary is a paid spokesperson for StartEngine. StartEngine\u2019s agreement with Kevin began on March 10, 2020, under which he is paid $400,000 per year for the first three years, then $420,000 in year four, $450,000.00 in year five, and $480,000 in year 6. Kevin has also received compensation in the form of 322,506 options at a $7.50 strike price and 343,282 options at a $40.50 strike price.<\/p><p>On July 7, 2021, StartEngine Crowdfunding, Inc. conducted a 3:1 forward stock split. As a result of the split, Kevin\u2019s compensation in the form of options was adjusted to 967,518 at a split adjusted strike price of $2.50, and 1,029,856 options at a split adjusted strike price of $13.50 respectively.<\/p><p>On May 6, 2024, StartEngine Crowdfunding, Inc. conducted a 20:1 forward stock split. As a result of the split, Kevin\u2019s compensation in the form of options has been adjusted to 19,350,360 at a split adjusted strike price of $0.125, and 20,596,920 options at a split adjusted strike price of $0.675 respectively.<\/p><p><em>Last updated September 16, 2024<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Section 17(b) disclosure Kevin O\u2019Leary is a paid spokesperson for StartEngine. StartEngine\u2019s agreement with Kevin began on March 10, 2020, under which he is paid $400,000 per year for the first three years, then $420,000 in year four, $450,000.00 in year five, and $480,000 in year 6. Kevin has also received compensation in the form  &#8230;<\/p>\n","protected":false},"author":61,"featured_media":0,"parent":0,"menu_order":75,"comment_status":"closed","ping_status":"closed","template":"page-content.php","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"class_list":["post-7060","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kevin O&#039;Leary 17b Disclosure - StartEngine<\/title>\n<meta name=\"description\" content=\"Kevin O&#039;Leary is a paid spokesperson for StartEngine.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kevin O&#039;Leary 17b Disclosure - StartEngine\" \/>\n<meta property=\"og:description\" content=\"Kevin O&#039;Leary is a paid spokesperson for StartEngine.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogstartenginecom.kinsta.cloud\/blog\/17b-disclosure-kevin-oleary\/\" \/>\n<meta property=\"og:site_name\" content=\"StartEngine\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/StartEngineLA\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-17T01:23:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blogstartenginecom.kinsta.cloud\/blog\/wp-content\/uploads\/2020\/03\/Kevin-OLeary-1-684x1024.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@startenginela\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blogstartenginecom.kinsta.cloud\/blog\/17b-disclosure-kevin-oleary\/\",\"url\":\"https:\/\/blogstartenginecom.kinsta.cloud\/blog\/17b-disclosure-kevin-oleary\/\",\"name\":\"Kevin O'Leary 17b Disclosure - 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