RE:Noobinvestor
koolman wrote: Great post and very well stated.
Could I ask you to break down Simons compensation in real terms ?
Thanks in advance
K MAN
Here's Bloomberg Source without giving a breakdown for his options :
https://www.bnnbloomberg.ca/how-aphria-s-ceo-compensation-ranks-among-leading-pot-industry-execs-1.1331891
Below is Carl Merton CFO explaining how they work
I will now quote an answer Carl Merton gave in the February 5th 2020 Ask me anything on Reddit, link will be after quotation
I quote : " As it relates to the second question, Irwin’s RSU grant that was recently approved by the Compensation Committee and the Board was based on four separate grants. There is an initial grant of 25,000 RSUs that vests immediately, there is a second grant of 86,746 RSUs that vests in June without a performance condition), there is a third grant of 260,238 RSUs that vests over the next two years that is tied to performance conditions developed by the Compensation Committee and a final grant of 867,460 RSUs that vests over the next two years and is tied to different performance conditions developed by the Compensation Committee."
Meaning that the majority of his salary is like I said Restricted share units and the majority of them vest by 2021-2022 since Irwin joined late 2018
[url= https://www.reddit.com/r/TheCannalysts/comments/ewsbbm/aphria_inc_ama_february_5th_2020/][/url]