RE:RE:RE:RE:CEO got himself Option of 3.3 M shares @7.46HARJAY wrote: hrgyoyal
Can you clarify what you are trying to say ? Not sure what your issue is. Firstly the board grants options , the CEO does not give options to himself. Secondly of course he pockets the money if the S / P goes up, if the S P does nothing then the options are a mute source of potential and amt. to nothing ( thats the risk ) but the usual case is options are granted by the board to reward insiders at a point in time for what they feel the future will bring. I guess he could have gone out and bought on the open mkt. also but this financial system allows for options to be granted as a reward to insiders for their good mgmt. ( if the options had been granted at a price substantially below the present price ) then that would be a gift without risk but thats not the case , so what the beef you have ?
When you see him exercising those opitions that's a sign that it might not be a bad idea and
FOLLOW THE MONEY.
There were also two acquisitions of common shares in the public market but nothing to brag about.