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Shareholder’s Equity (Tables)
9 Months Ended
Sep. 30, 2018
Shareholders' Equity  
Schedule of voting and economic rights of common stockholders

 

 

 

 

 

 

 

Class of Common Stock

    

Holders

    

Voting rights*

    

Economic rights

 

 

 

 

 

 

 

Class A common stock

 

Public, MDP, Executive Officers, Current and Former Employees and Sellers of Zenith

 

One vote per share

 

Yes

Class B common stock

 

Blueapple

 

15.9%

 

No

Class C common stock

 

Executive Officers

 

3.5 votes per share, subject to aggregate cap

 

No

Class D common stock

 

MDP and Current and Former Employees

 

One vote per share

 

No

 

*Subject to certain ownership requirements, on the third anniversary of the consummation of the IPO the voting rights of our Class B common stock will cease and each share of our Class C common stock will automatically convert into a share of our Class D common stock.