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Re: marzan post# 372353

Sunday, 04/25/2021 2:15:10 PM

Sunday, April 25, 2021 2:15:10 PM

Post# of 713214

something must have justified the board to give the Executives that much option awards in 2020 (page 14-17 of the Proxy). What milestone they achieved, wink-wink.


You can wink all you want. But the grants were not based on any milestone.

Milestones may accelerate vesting of already awarded options, but that is a different subject.

The "rules" as of now are that "employees" will have up to 20% of the company in options. When the shares out rises over the years, the independent BOD will award more options to refresh back towards 20%.
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