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lizzy241

05/25/22 11:52 AM

#378443 RE: sts66 #378442

sts66, It's almost impossible to do a clawback on the 2020 agreement. It's performance based, believe me, I'm not defending the dilutions of new shares but from my past experience you can't take back shares once promised. I recall in 2020 we tried to do something like add our 2 cents to the proxy statement but no follow thru. I voted against the increase it would have taken over 50% of the votes to change the outcome. No win situation that's when JT was in charge.
Vote no on your proxy if you disagree.

north40000

05/25/22 12:01 PM

#378444 RE: sts66 #378442

Does annual “global sales”(your term) equal annual “global net income”?

DAR53

05/25/22 7:42 PM

#378502 RE: sts66 #378442

I'm going from memory, but I recall a couple of years ago that the options were issued and had a strike price of $16.87. Anything under that of course is worthless. I will see if I can find an old file I put together with options for JT and the respective strike prices for any gain to be realized. RSU's are a different story. Give them 10MM shares and they sell for $1.50 then they still win.