Not saying it wasn't in his contract. Aligning interests is normally a good thing. The price may have never got to those levels if the production numbers were lowered by 40% earlier in the process. My question is when was this known? A CEO/founder should get paid based on the success of a company. Share price is subjective and does not always reflect the actual health of the company. Worse, it can be influenced by timing and magnitude of disclosures by management.