Interactive Brokers Advertisement
Home > Boards > Canadian > Cannabis > Aurora Cannabis Inc. (ACBFF)

I'll do my best!

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Triple9 Member Profile
Followed By 68
Posts 1,188
Boards Moderated 4
Alias Born 01/13/17
160x600 placeholder
Demand Outpacing Supply as Canadian Cannabis Legalization Looms "NetworkNewsWire" - 10/3/2017 8:45:00 AM
Production Bottleneck Spells Opportunity for Canada’s Cannabis Producers "NetworkNewsWire" - 9/21/2017 8:45:00 AM
What it Takes to Thrive in Canada’s Multi-Billion-Dollar Marijuana Industry "NetworkNewsWire" - 9/19/2017 8:45:00 AM
Cannabis Biotechs Taking Leading Stance in Global Marijuana Market "NetworkNewsWire" - 9/12/2017 8:45:00 AM
MJAC 2017 Speaker Update - How venture capital and cryptocurrency are converging as the future of cannabis investing "InvestorsHub NewsWire" - 8/30/2017 10:29:33 PM
PotNetwork Holdings, Inc Confirmed for MJAC 2017 "InvestorsHub NewsWire" - 8/28/2017 10:43:55 AM
MJAC 2017 International Cannabis Conference - Discount Code "InvestorsHub NewsWire" - 8/24/2017 8:40:00 AM
As Recreational Cannabis Legalization Looms, the Field of Opportunity is Green for Canada’s Leading Growers "NetworkNewsWire" - 8/23/2017 8:45:00 AM
Canadian Cannabis Leaders Sharpen Focus on Increasing Yield, Plant Quality "NetworkNewsWire" - 8/22/2017 8:45:00 AM
MJAC 2017 - Speaker Update - Investing In The U.S. Cannabis Market "InvestorsHub NewsWire" - 8/22/2017 1:27:13 AM
Investors Eye Sweet Spots in Canada’s Booming Cannabis Market "NetworkNewsWire" - 8/16/2017 8:45:00 AM
What Cannabis Stocks Investors Should Know and Coverage of a Mobile Tech Sub Penny Stock "InvestorsHub NewsWire" - 4/20/2017 9:00:00 AM
PURA - BUY Recommendation Stands On Very Bullish Rating "InvestorsHub NewsWire" - 4/6/2017 12:18:22 PM
PURA - American Bulls Issues BUY Recommendation "InvestorsHub NewsWire" - 4/5/2017 8:30:00 AM
Triple9   Saturday, 09/30/17 12:41:35 AM
Re: onearmbandit post# 1755
Post # of 1904 
I'll do my best!

ACBFF currently has 343.69M shares outstanding, with a float of 333.52M.

Options (the right to buy stock for a specific price after a certain period of time) for 1,900,000 shares were given to current Aurora employees at a price of CAD $2.76. So, say a random Aurora Manager was awarded 10,000 Stock Options. Those options expire in 5 years, so the company is saying "for your hard work today, in several years when our stock price is higher, you'll be able to buy shares for CAD $2.76". So say the ACBFF is trading at $6.00 in 2019. These employees will be able to get shares by paying the company $2.76 per share.

Not sure when that happened, so I don't know if these extra 1.9M shares are already included in OS or not.

Back to our example Manager. In the next 12 months, she will have the option of buying 3,333 shares at CAD $2.76. In 24 months, she will have the option of another 3,333 shares. Ditto in 36 months. Regardless of when those vest- 12, 24, 36 months- they all must be used within 60 months.

The second part is about Restricted Stock Units. 2,007,110 special options will be issued subject to a shareholder vote at the upcoming annual meeting (you will get to vote on this via the proxy package).

RSUs are like regular Options, but they have to be held for a longer period of time and they have additional restrictions like you have to still be with the company to exercise them and/or you can't have been fired. This is to entice employees to stay on for longer periods of time.

I'll be voting for the RSUs when I get my proxy pack. I think it's great for moral and in my experience people work harder when they have a piece of the action.

Know What You Own. My posts should not be construed as investment advice.
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist