Replies to post #26044 on Ayala Pharmaceuticals Inc (ADXS)

[fbg0316]

The share grant could be a "tell" that either he is going to be the next permanent CEO or that the company will go from an interim CEO to being acquired outright.

[James salmon]

Read the bottom of the filing;

The reporting person started employment with the Company on April 17, 2017. The reporting person was granted 100,000 RSUs as an inducement grant which vested one-fourth immediately. The remaining shares will vest one-fourth on April 17, 2018, one-fourth on April 17, 2019 and will be fully vested on April 17, 2020. On the initial vesting, the reporting person vested a gross amount of 25,000 shares of which 10,005 shares were forfeited to pay withholding taxes associated with the stock issuance in accordance with company policy.


This is nothing to do with him becoming Interim CEO, these were granted back when he first joined Advaxis.

[ignatiusrielly35]

JB, you have a right to disagree. I am just not inclined to be stingy with management shares. The CEO should have shares, even if only for a few months. It's a big responsibility.