RE:RE:RSU's from Jan. & Marchhappyretirement wrote: On January 24, 2017, the Board approved an aggregate grant of 113,000 RSUs to certain senior managers of Concordia International. As these individuals were under a blackout period imposed by the Corporation at the time of the approval, and continue to be in a blackout period as at the date of this Annual Information Form, these RSUs will not be issued until 24 hours after the expiration of the then imposed blackout period.
On March 7, 2017, the Board approved an aggregate grant of 4,000 RSUs to an employee of Concordia International. As this individual was under a blackout period imposed by the Corporation at the time of the approval, and continues to be in a blackout period as at the date of this Annual Information Form, these RSUs will not be issued until 24 hours after the expiration of the then imposed blackout period.
Yes Happy Retirement, but they would not be VESTED. THey can only exercise for cash or common shares when the RSU's vest. Under current performance, these will never vest.