And I was disappointed when I originally realized this.
But after reflecting I'm sure their options were determined long ago and are performance based.
They still set revenue records the first half of 2019. 2019 was a record sales year. Retailers nearly tripled. Share price was strong for half the year before collapsing.
I have no doubt their bonus was based on targets they met. Had the year continued strong I'm sure they would have gotten even more, and none of us would care because we'd all be rich.
It's unrealistic they are going to pass on options they earned by hitting targets. I wonder if they held off on issuing them in February knowing the poor year end would crash share price. This helps them but also helps the cash position by costing the company less.
It is what it is. My only criticism is they vested the shares so quickly, I'd have preferred they weren't vested until 2021.
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