Chao's *MAY* 15, 2018, disclosure reads: "The [Vulcan] cash payout will be determined based on the closing price of the company’s common stock at the time payment is made April 2018." Do you see the timing issue?
Now WSJ says she rec'd stock in violation of her ethics agreement.
The part of her May 15, 2018, annual report in which she wrote this statement (Part 3) covers the following period of time: "Preceding Calendar Year to Filing Date." Thus, she was making a representation as to the state of her agreement as of May 15, 2018. https://www.oge.gov/Web/278eGuide.nsf/Content/Definitions~The+OGE+Form+278e+%E2%80%93+Annual+Report …
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