{"format":"vercy-model-allocation-candidate/v1","contourId":"EM-ORG-03","proposedName":"Share Class","modelId":null,"registryId":null,"allocationState":"unassigned","decision":"NEW MODEL","canonicalPublishable":false,"identityTest":{"stableIdentity":"An issuer-defined class remains identifiable independently of every holder, security position and ownership relation while its rights and restrictions evolve through corporate actions.","versionIdentity":"Amendments to voting, economic, conversion, transfer or priority rights create effective-dated class versions; replacement or cancellation closes the class without rewriting prior holdings.","independentLifecycle":["proposed","authorized","issued","active","suspended","closed","cancelled"],"mastership":"issuer corporate-secretary or securities administration authority","lifecycleSemantics":{"issued":"units of the class may exist","active":"rights schedule is currently operative","amendment":"append ShareClassVersion; never a ShareClass state"}},"boundary":{"owns":["persistent issuer-side Share Class identity","issuer reference and issuer-local class designation","effective-dated rights schedule for economic, capital, voting, conversion, transfer and priority rights","votes-per-unit and eligibility-independent class vote ratio","authorized and issued quantity rules","treasury and suspended-holding treatment","denominator-policy references","effective-dated amendment and corporate-action history","class closure, replacement and cancellation lineage"],"references":[{"target":"WM-ECO-038","purpose":"Holder-side security position or equity holding"},{"target":"WM-ORG-012","purpose":"Qualified ownership or control relation"},{"target":"WM-ORG-018","purpose":"Governing body authority"},{"target":"WM-KNW-010","purpose":"Decision content authorizing class actions"},{"target":"WM-REC-010","purpose":"Authentic issued resolution or class instrument"},{"target":"WM-ACT-025","purpose":"Meeting or written-consent procedure evidence"},{"target":"WM-ORG-007","purpose":"Effective Mandate authorizing class creation or amendment"}],"excludes":["holder, beneficial owner, nominee or custodian identity","individual security position or holding quantity","ownership percentage, control or consolidation assertion","governance-body membership or appointment","signing authority or mandate","resolution, meeting or corporate-action execution"]},"objects":{"ShareClass":{"identity":["shareClassId"],"required":["issuerRef","classDesignation","authorityRef","status"],"optional":["successorRef","closedAt"],"lifecycle":["proposed","authorized","issued","active","suspended","closed","cancelled"],"transitionRules":["proposed->authorized","authorized->issued","issued->active","active<->suspended","active|suspended->closed","proposed|authorized|issued->cancelled"],"designationRule":"(issuerRef,classDesignation) is unique across overlapping effective intervals; designation is never identity and may be reused only after non-overlap with a distinct shareClassId"},"ShareClassVersion":{"identity":["shareClassId","version"],"pin":["shareClassId","version","contentDigest"],"canonicalization":{"method":"JCS-compatible deterministic JSON canonicalization","digestAlgorithm":"sha256"},"required":["rights","validFrom","recordedAt","contentDigest","status","denominatorPolicyRef","issuedQuantityRule","authorityBundle"],"optional":["validTo","knownUntil","authorizedQuantity","instrumentRef","supersedesVersion"],"rights":{"economic":["distributionEntitlement","residualEntitlement"],"capital":["capitalReturnPriority"],"voting":["votesPerUnit","votingRestrictions"],"conversion":["conversionTerms"],"transfer":["transferRestrictions"],"priority":["liquidationPriority"]},"authorityBundle":{"requiredRefs":["WM-ORG-007","WM-KNW-010","WM-REC-010","WM-ACT-025"],"gatesTransition":"approved->effective"},"denominatorSemantics":{"outstanding":"issued - treasury - suspended","dimensions":["shareClassVersion","instant"],"treasuryVotes":0},"correctionRule":"append a new version with its own recordedAt; never edit a released version","lifecycle":["draft","approved","effective","superseded","withdrawn"]}},"invariants":["A Share Class is issuer-side identity and survives changes in holders, positions and relationships.","Amendments append ShareClassVersion records; amended is never a ShareClass lifecycle state.","Every version pin is (shareClassId,version,contentDigest) using the declared canonicalization and sha256 digest.","Every effective version has a denominator policy, issued-quantity rule and authority bundle referencing WM-ORG-007, WM-KNW-010, WM-REC-010 and WM-ACT-025.","Class designation is issuer-local and unique only across overlapping effective intervals; it never supplies identity.","Rights are structured as distinct economic, capital, voting, conversion, transfer and priority entries; votesPerUnit belongs only to voting.","Outstanding quantity equals issued minus treasury minus suspended for a pinned version and instant; treasury casts no vote.","Every holding and calculated claim references a pinned effective Share Class version.","Economic interest never implies votes, control, consolidation, Mandate or signing authority.","Every derived calculation conforms to profile-candidate.json#derivedClaimContract.","Cross-holding calculations record a versioned convention, cycle set, tolerance, maximum iterations, actual iterations and convergence state; non-convergence is unresolved.","Reciprocal holdings remain separate positions and are never collapsed into one net holding.","Derived and externally asserted percentages remain distinct claims and never become holdings or relationship facts.","Class cancellation preserves historical holdings, rights, calculations and issued instruments."],"holds":["Registry namespace and identifier allocation are pending and no identifier may be guessed.","Calculation context vocabulary owner for scenario, rule version, denominator policy and cycle convention is unassigned; free-text equality is forbidden.","Corporate-action or transaction execution boundary for conversion, replacement, cancellation and position movement is unassigned.","Governing-procedure rule master for quorum and voting eligibility is unassigned; WM-ACT-025 records procedure evidence only.","WM-ORG-007 reuse remains conditional on the explicit Mandate gate in the profile candidate.","WM-ORG-012 and WM-ORG-018 parent conflicts and canonical contracts remain unresolved."],"calculationContractRef":"profile-candidate.json#derivedClaimContract","invariantRules":[{"id":"A01","text":"A Share Class is issuer-side identity and survives changes in holders, positions and relationships."},{"id":"A02","text":"Amendments append ShareClassVersion records; amended is never a ShareClass lifecycle state."},{"id":"A03","text":"Every version pin is (shareClassId,version,contentDigest) using the declared canonicalization and sha256 digest."},{"id":"A04","text":"Every effective version has a denominator policy, issued-quantity rule and authority bundle referencing WM-ORG-007, WM-KNW-010, WM-REC-010 and WM-ACT-025."},{"id":"A05","text":"Class designation is issuer-local and unique only across overlapping effective intervals; it never supplies identity."},{"id":"A06","text":"Rights are structured as distinct economic, capital, voting, conversion, transfer and priority entries; votesPerUnit belongs only to voting."},{"id":"A07","text":"Outstanding quantity equals issued minus treasury minus suspended for a pinned version and instant; treasury casts no vote."},{"id":"A08","text":"Every holding and calculated claim references a pinned effective Share Class version."},{"id":"A09","text":"Economic interest never implies votes, control, consolidation, Mandate or signing authority."},{"id":"A10","text":"Every derived calculation conforms to profile-candidate.json#derivedClaimContract."},{"id":"A11","text":"Cross-holding calculations record a versioned convention, cycle set, tolerance, maximum iterations, actual iterations and convergence state; non-convergence is unresolved."},{"id":"A12","text":"Reciprocal holdings remain separate positions and are never collapsed into one net holding."},{"id":"A13","text":"Derived and externally asserted percentages remain distinct claims and never become holdings or relationship facts."},{"id":"A14","text":"Class cancellation preserves historical holdings, rights, calculations and issued instruments."}]}