Wednesday, May 27, 2015 4:49:21 PM
Sorry Brook, the options are in addition to Directors salaries.
Double dipping or triple dipping if you count the employee stock plan.
Options generally aren't considered a compensation payment because the option price is at or equal to the share price at time of issue. Options are a means to lock in directors for a long-term commitment - otherwise they might jump ship to a competitor. The options take time to vest - so it motivates the director to stay awhile.
Double dipping or triple dipping if you count the employee stock plan.
Options generally aren't considered a compensation payment because the option price is at or equal to the share price at time of issue. Options are a means to lock in directors for a long-term commitment - otherwise they might jump ship to a competitor. The options take time to vest - so it motivates the director to stay awhile.
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