Replies to post #13010 on Titan Pharmaceuticals Inc (TTNP)

[Doctor Detroit]

The board granted Sunil and Rubin 170,000 options at $0.96 per share, all of which vest this year.

Usually options are issued for a job well done. Not really seeing that here.

Maybe they are accepting options in lieu of a salary? If not, I see not justification for giving guys options who have driven the stock price down to this level.

https://www.sec.gov/Archives/edgar/data/910267/000114420418013890/xslF345X03/tv488108_form4.xml