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Spyglass Resources Corp SGLRF

Energy Oil & Gas E&P Energy
Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.


GREY:SGLRF - Post by User

Spyglass Resources Corp > options being cashed out.............................
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Comment by BlueCollar51on Jul 06, 2014 11:25am
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Post# 22719213

RE:RE:RE:RE:RE:options being cashed out.............................

RE:RE:RE:RE:RE:options being cashed out.............................
I am having a hard time understanding why anybody thinks that on July 01 7 SGY insiders exercised a total of 119,743 RSUs for a total of $211,945.11 cash is a cause for alarm.
 
When you compare that to what these guys still hold in RSUs and shares it’s a small amount.
 
Also realize that a large part of their total compensation is share based.
 
All they are doing is cashing a small part of their paycheques.
 
Like the rest of us these guys have bills to pay. Personally I cash my paycheques so that I can pay my bills. What do you do ?
 
I don’t know all the ins and outs of share based compensation but is it possible some of these guys have tax bills to pay as a result ?
 
As Always; Do Your Own Due Diligence; It’s Your Money !!
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