Microvision Inc (MVIS): He did not buy those they were issued to...

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Re: mantisforce post# 1649

Friday, 02/10/2017 9:28:30 AM

Friday, February 10, 2017 9:28:30 AM

He did not buy those they were issued to him and are restricted for one year... All of the management team were issued derivative shares. Most likely as compensation or a bonus of some type.

All were issued 65,000 derivative shares with a strike price of $1.67 except the CEO it appears he got 150,000 of them. Pays to be the head honcho.. LOL

As long as the price stays above $1.67 in a year he can convert them to common shares.

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