Titan Medical Inc (TMDIF)

[El Amigo]

To expand on what you said Hopeful;

An option is the right to buy or sell at a certain price, within a certain time frame.

Mc can SELL his 8.3M shares at or above $0.54.

If he sells, he’s “exercising” his stock options.

The higher he sells above $0.54, the more he makes.

Thus, it is in his interest to get the price up and keep it up (which he will do).

If his compensation package was the right to BUY 8.3M shares above $0.54, then that would be no compensation at all (at current prices).

I have that same right and so do you.

The company has shares it keeps on the books to cover these options.

It is these shares that make the difference between the shares O/S and the float (which is traded publicly).

The stock option shares are already in the count.

I’m 99% sure this is how Mc’s stock options work.

There’s lots of variation in CEO compensation structures.