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Monday, May 23, 2016 12:11:28 PM
On 2/2/2015 he was granted 400,000 shares at $1.02 a share.
"The options vest monthly over 48 months beginning on February 28, 2015."
So 10/48 * 400,000 = 83,333
(1.80 - 1.02) * 83,333 = 65k.
So there is another 65k you left out.
And why are you not including vesting events for awards for years prior to 2015? Interesting that you did not include those.
Btw, as I have stated, in January this year he received a huge vesting event which was worth hundreds of thousands. I know you aren't including it since it was in January 2016, and not December 2015. But it is over and done with and was a result of 2015 awards so if you include that (and prior vesting events) you are all the sudden way above $2m.
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