Destiny Media Tech Inc (DSNY): Sorry Brook, the options are in addition...

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Re: brooklyn13 post# 12833

Wednesday, 05/27/2015 4:49:21 PM

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.

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