Assertion: common stock's holder | /r/CapableOf | convert share
Facets:
value: into common stock
type: OTHER
value: after a predetermined date
type: TEMPORAL
Source sentences:
text: Convertible preferred stocks are preferred shares that include an option for the holder to convert the shares into a fixed number of common shares after a predetermined date.
text: Since the holders of common stock would receive more per share than holders of preferred stock, holders of preferred stock would be better off converting their shares into common stock and give up their preference in exchange for the right to share pro rata in the total liquidation proceeds.