RE:The bulk of PYR CEO's compensation is option based Where did he get the $4.8M compensation, not from the company's profit, from us shareholders who bought in the company and are down 50% in investement, some less some more.
That is why so many are upset.
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developbc wrote: The bash FUD actors posting misleading comments once again.
The bulk of the CEO of PYR's compensation were options based. Salary was only $373k. As a shareholder I have zero problem with option based award as that is only of value to the CEO based on performance and does not drain cash position of the company. In fact as the options are exercised it injects cash into the company.
MAY 20 ,2022 MANAGEMENT INFORMATION CIRCULAR
2021
SALARY: $373,442
PENSION VALUE: $67,517
OPTIONS BASED AWARDS $4,846,595
ALL OTHER Includes group insurance amounts, bonuses, and director compensation$2,040,548
TOTAL COMPENSATION: $7,328,103
Comparing from just 2 years ago and years past when Peter compensation was paltry:
2019
SALARY $240,000
PENSION VALUE: $29,649
ALL OTHER Includes group insurance amounts, bonuses, and director compensation $11,826
TOTAL COMPENSATION: $281,475