Various questions about transaction events

[deepisidhu]

Hello, I have a few questions about different transactions:

1. What is happening during a security release transaction? Is this only on RSU's?
   "object_type": "TX_PLAN_SECURITY_RELEASE", "id": "test-plan-security-release-full-fields", "security_id": "387878ba-8fb6-4673-812e-32c092947899", "date": "2017-07-22", "settlement_date": "2017-07-22", "release_price": { "amount": "9.00", "currency": "CAD" }, "comments": ["Release the securities"], "net_quantity": "42", "method": "Method of release", "stock_swap": false, "cash_paid": { "amount": "0.00", "currency": "CAD" }, "quantity_sold": "1", "sale_price_per_unit": { "amount": "0.00", "currency": "CAD" }, "withheld_quantity": "0" },

2. What's the difference between the purchase price and exercise price in a Warrant Issuance?
   { "object_type": "TX_WARRANT_ISSUANCE", "id": "test-warrant-issuance-minimal", "security_id": "test-security-id", "date": "2022-02-01", "custom_id": "S-1", "stakeholder_id": "stakeholder-id", "security_law_exemptions": [], "quantity": "1000", "exercise_price": { "amount": "1.00", "currency": "USD" }, "purchase_price": { "amount": "1.00", "currency": "USD" }, "exercise_triggers": [ { "trigger_id": "WARRANT-1.TRIG.1", "nickname": "Exercisable Until Expiration", "trigger_description": "The warrant is exercisable on or before its date of expiration", "trigger_type": "ELECTIVE_ON_OR_BEFORE_DATE", "trigger_date": "2029-01-01", "conversion_right": { "conversion_mechanism": { "mechanism_type": "FIXED_AMOUNT_CONVERSION", "converts_to_quantity": "10000.00" }, "converts_to_stock_class_id": "stock-class-id" } } ], "warrant_expiration_date": "2032-02-01" },

3. For Convertible security types, is there a difference in the types of attributes expected for a NOTE, SAFE, and CONVERTIBLE_SECURITY?

[pjohnmeyer]

@deepisidhu

What is happening during a security release transaction? Is this only on RSU's?

The only note I have on this is from a draft document, and it reads as fairly circular to me:

"When the right of repurchase is actually removed from the PlanSecurity. For use in situations where some action is required to free the plan security from repurchase right" @JSv4 can you shine a light on this?

What's the difference between the purchase price and exercise price in a Warrant Issuance?

From the documentation:
purchase_price: "Actual purchase price of the warrant (sum up purported value of all consideration, including in-kind)"
exercise_price: "The exercise price of the warrant"

This latter one is not terribly helpful, but should probably be modified to say that it is the price per share, whereas the purchase_price is the total purchase price, which may include other considerations than the per share price.

For Convertible security types, is there a difference in the types of attributes expected for a NOTE, SAFE, and CONVERTIBLE_SECURITY?

I don't see anything in the schema that changes the expected data based on this value. Do you think there needs to be?