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Quarterhill Inc T.QTRH

Alternate Symbol(s):  T.QTRH.DB | QTRHF

Quarterhill Inc. is a Canada-based company, which is engaged in providing tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. The Company provides end-to-end mobility systems to some of the tolling authorities in the United States, including in Texas, California and Illinois through Electronic Transaction Consultants, LLC (ETC). ETC’s core products comprise the riteSuite platform, a scalable and customizable cloud-based tolling and mobility solution. The platform has applications for the roadside and back office, with strengths in vehicle identification, tracking, dynamic pricing and interoperability amongst agencies. The Company’s wholly owned subsidiary is International Road Dynamics Inc. (IRD), is a multi-discipline, technology company and provider of Intelligent Transportation Systems. It provides integrate ITS technologies into systems designed to solve and challenging transportation problems.


TSX:QTRH - Post by User

Comment by cabbieJBJon Mar 17, 2022 8:14pm
177 Views
Post# 34523770

RE:Brett Kidd granted options at 1.01… What a guy!

RE:Brett Kidd granted options at 1.01… What a guy!Misleading again George.

Bret Kidd was granted 475M options @$2.70 at the time of the ETC acquisition and was granted an additional 525M on 11-MAR-2022, per the Circular.  The 525M would be valued at ~$2.15.  None are vested.

The Circular, on page 30, "Other than 525,000 Options to be granted to Mr. Kidd on March 11, 2022 in connection with his appointment as CEO on December 15, 2021, Named Executive Officers are not being granted Options as part of their respective 2022 total incentive compensation targets."

I've highlighted important parts of the statement for you.  Hope this helps George.

In addition, Vladescu and Watcvhmaker cashed PSUs granted in 2019, but there is a catch, as they must be "held until the earlier of the termination of such Named Executive Officer’s employment or January 1, 2028."  No PSUs were granted in 2020 or 2021.

Thsi sounds responsible in light of performance.
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